Export orders pick up pace towards year-end

Many firms have accepted smaller, lower-priced orders and explored niche markets to offset fluctuations in major export destinations such as the US, Japan and the Middle East.

Businesses are stepping up export promotion efforts in the year-end push. (Photo: thanhnien.vn)
Businesses are stepping up export promotion efforts in the year-end push. (Photo: thanhnien.vn)

Hanoi (VNA) – With just two months remaining in 2026, businesses are stepping up production and deliveries to meet rising demand for the year-end festive season and holiday shopping. Production activities at many businesses in southern Vietnam have become increasingly brisk as year-end orders gather pace.

In Dong Nai city, Jason Furniture Vietnam Co., Ltd., a furniture manufacturer, said orders and production deadlines typically increased towards the end of the year. Nearly 6,000 workers are working at full capacity to ensure product quality and timely deliveries to partners.

Similarly, Dong Phu Cuong JSC, a garment manufacturer, reported positive business results, with September 2026 revenue exceeding 1.75 million USD, equivalent to 122% of its target. The company said it would continue to increase output, improve production processes and cut costs in the fourth quarter to meet its annual business goals.

In agriculture, harvesting, preliminary processing and packaging activities are also in full swing at the plantations of Hoang Anh Gia Lai JSC (HAGL). In durian-growing areas in Gia Lai province and Laos, workers and technical staff are busy checking fruit maturity and selecting produce that meets export standards. The durians are then transported to packaging facilities for sorting and quality inspections under the supervision of Chinese experts.

HAGL's durian output has increased significantly this year. The company currently manages around 2,500 hectares of durian plantations in Vietnam, Laos and Cambodia. Notably, its 1,200 hectares in the Bolaven Plateau in southern Laos enter their harvest season in October and November, when domestic supplies of the fruit decline. This gives the company an advantage in maintaining supplies towards year-end and capitalising on demand from China.

Meanwhile, Vietnam's manufacturing sector continued to expand in October, although growth moderated. According to S&P Global's latest report released on November 2, the Purchasing Managers' Index (PMI) rose to 52.3 points in October from 51.9 in September, extending the improvement in business conditions to 16 consecutive months.

New orders increased for the sixth consecutive month, despite a prolonged decline in new export orders. Production also continued to grow in response to customer demand, although at its slowest pace in six months amid difficulties in purchasing raw materials.

Pham Xuan Hong, Chairman of the Ho Chi Minh City Association of Garment Textile Embroidery-Knitting (AGTEK), said textile and garment exports had maintained growth in the first 10 months, but businesses were facing smaller orders and increasingly complex requirements for quality and designs.

Many firms have accepted smaller, lower-priced orders and explored niche markets to offset fluctuations in major export destinations such as the US, Japan and the Middle East. Rather than prioritising short-term profits, they are focusing on retaining orders, safeguarding jobs and maintaining workers' incomes. Businesses are also gradually investing in automation, digital transformation and green technologies to meet increasingly stringent requirements from international buyers.

Nguyen Van Muoi, Chairman of the Tropical Agriculture Business Club, said export orders, particularly for fruit and vegetables, normally surged towards the end of the year as overseas importers and distributors prepared supplies for the festive season and Lunar New Year.

Although exports to some Middle Eastern and European markets have encountered difficulties, particularly in transportation, these have yet to significantly affect the sector's overall growth prospects.

China remains Vietnam's largest fruit and vegetable export market, accounting for around 65% of total export value in the first 10 months. Other key markets, including the US, Japan and several Asian countries, have also maintained import demand.

Vietnam's fruit and vegetable export revenue reached an estimated 8.3 billion USD in the January-October period, up 17.8% year on year. Muoi said the sector was well positioned to reach 10 billion USD for the whole year, supported by stable demand in major markets and seasonal purchases ahead of the year-end holidays and Lunar New Year.

Meanwhile, seafood exports maintained positive growth, reaching approximately 10.46 billion USD in the first 10 months, up 12% year on year. The sector is targeting 12 billion USD for the full year.

A representative of the Vietnam Association of Seafood Exporters and Producers (VASEP) said exports to the US and EU continued to face challenges from trade barriers, traceability requirements, technical standards and competitive pressures.

However, China and Hong Kong (China) had emerged as important growth drivers, with seafood exports to these markets rising by more than 32% year on year in the first 10 months. ASEAN markets also recorded positive growth, helping broaden export opportunities for Vietnamese businesses.

With 10-month seafood export revenue standing at 10.46 billion USD, the sector needs an additional 1.54 billion USD in the final two months to meet its annual target. Under a more favourable scenario, with average monthly exports of 1.2 billion USD, full-year revenue could reach approximately 12.86 billion USD./.

VNA

See more

Consumers shop at CO.OPmart Rach Gia supermarket in Rach Gia ward, An Giang province. (Photo: VNA)

CPI up 4.57% in first 10 months of 2026

Compared with September, prices increased in seven of the 11 main groups of consumer goods and services, while four recorded declines. CPI rose 0.16% in urban areas and 0.25% in rural areas.

In the third quarter of 2026, Vietjet operates 39,000 flights and carries 7.3 million passengers. (Photo: Vietjet)

Vietjet posts 41% revenue growth in first nine months of 2026

In the third quarter of 2026, Vietjet operated 39,000 flights and carried 7.3 million passengers. Consolidated revenue reached 22.849 trillion VND (approx. 886 million USD), up 35% year-on-year, while net profit after tax reached 348 billion VND (approx. 13.5 million USD).

Private sector: From a key driver to a leading force for growth

Private sector: From a key driver to a leading force for growth

An open institutional framework and a transparent, stable business environment are essential for encouraging enterprises to make long-term investments. In recent years, the Party, National Assembly and Government have continued to promote administrative reform, address obstacles to investment and business activities, and support new growth drivers.

Trung Nguyen Instant Coffee Joint Stock Company in Bac Ninh city exports its products to numerous countries. (Illustrative photo: VNA)

Vietnam–EU forum to explore green economy, new value chains

By linking policy dialogue with businesses' practical needs, the forum is expected to help translate Vietnam–EU cooperation potential into concrete trade and investment opportunities. It will also provide an opportunity for both sides to make more effective use of the EVFTA, expand markets for Vietnamese goods and businesses, and tap into Europe's capital, technology and management expertise.

MICE guests experience services at Song Be Golf Resort, Ho Chi Minh City. (Photo: VNA)

Vietnam needs breakthrough policies to boost MICE tourism

Pham Van Bay, Deputy Director of Vietravel Hanoi Branch, said the recovery of international tourism, together with improvements in event organisation and accommodation infrastructure, is creating favourable conditions for the development of Vietnam's MICE sector.

A forum titled businesses amid exchange rate, interest rate and energy price volatility is held in Hanoi on October 30. (Photo: VNA)

Businesses urged to diversify funding to build resilience

Exchange rate, interest rate and energy price volatility is putting mounting pressure on businesses' production costs, cash flows and competitiveness, highlighting the need to diversify funding sources, and strengthen financial management to maintain operations and build resilience.