Many enterprises have received orders until mid-year (Photo: VNA) Hanoi (VNA) – Goods consumption in big markets such as the US and the EU is showing brighter signs, creating a driving force for orders for Vietnamese key exportssuch as garment and textile, packaging, footwear, wood processing, and particularlyelectronics, with many enterprises have received orders until mid-year.
ABBHarvest packaging Co. Ltd. said that 400 workers have returned to their factoryto meet orders for the second and third quarters of this year. The company can fulfill orders that need to be delivered in Marchand April.
Besides,many enterprises have proactively invested and upgraded manufacturing equipmentto meet increasing demands.
In late2023, Duc Giang Garment Corporation (Ducgarco) perfected an innovation creative centrewith adequate processes from designing, sewing, marketing, and training, amongothers, to better serve customers.
Phu Cuong SpinningMill Factory has implemented restructuring, conversion, and upgrading ofequipment in an attempt to improve productivity and competitiveness.
Accordingto statistics from the Vietnam Customs, from the beginning of this year to February15, the total country's trade value reached 84.74 billion USD, of which exports accountedfor 44.42 billion USD, an expansion of 19.6% year on year.
In arecent report of VinaCapital, exports in the first month of 2024 are estimatedat 33.57 billion USD, a soar of 42% compared to the same period last year.Notably, the export turnover of computers and electronics rose by 60%year on year.
Ministerof Industry and Trade Nguyen Hong Dien acknowledged that industrial productionand trade are experiencing an upward trend, but there are still challenges aheadcaused by the world’s economic and political situations, which are difficult to forecast.
Theminister requested relevant units under the ministry to instruct and supportenterprises to catch up with market trends, effectively taking advantages of freetrade agreements to which Vietnam is a signatory./.
