By late April, C&D Import-Export Co., Ltd., a wood and plywood exporter, had secured orders through the end of Q2. According to C&D Chairman Nguyen Tran Luat, contracts for Q3 are still being negotiated on a monthly basis rather than long-term deals. However, contrary to earlier concerns, order volumes in Q2 have risen sharply as buyers stockpile amid fears of prolonged geopolitical tensions, oil price volatility and shipping disruptions.
According to a report released by UOB's Global Economics & Market Research Unit released on July 8, Vietnam’s real GDP grew by a robust 7.96% year-on-year in the second quarter of 2025, significantly exceeding Bloomberg’s forecast of 6.85%, UOB’s projection of 6.1%, and the revised growth figure of 7.05% in the first quarter.
Vietnam will be the standout among the top six ASEAN economies (ASEAN-6), growing at a faster pace relative to its peers during the next few years, according to the Oxford Economics, a global economic advisory firm.
The Vietnamese garment and textile sector is carrying out various measures to bolster production and business activities amidst formidable challenges posed by falling demand, high inventory, and geopolitical instability in several countries, according to insiders.
The Vietnam Manufacturing Purchasing Managers' Index (PMI) dropped to 51.7 in March from 54.3 in February, as the latest wave of the COVID-19 pandemic led to widespread labour shortages in the manufacturing sector during March, according to S&P Global.
Despite being known for its low labour costs, higher logistics costs have continually reduced the competitiveness of Vietnam’s exports compared to elsewhere in the region.
Some 45.6 percent of processing-manufacturing enterprises expect a better business outlook in the fourth quarter of this year, according to a recent survey by the General Statistics Office (GSO).
Vietnam’s seafood exports will continue to see reductions in next few months due to the pandemic, with a slight year-on-year decrease of 5 percent to 2 billion USD in the second quarter, according to the Vietnam Association Seafood Exporters and Producers (VASEP).
Many enterprises in the manufacturing and processing industry are optimistic about the outlook for the second quarter of 2020, according to a survey conducted by the General Statistics Office (GSO).
About 84.8 percent of businesses in the processing – manufacturing sector predicted expansion and stability in their production for the first quarter of 2020, the General Statistics Office (GSO) said.
Of the total 25,000 vacant jobs Ho Chi Minh City needs to fill in September, 81.36 percent require skilled workers, according to Vice Director of the city’s Human Sources Forecast and Labour Market Information Centre Tran Le Thanh Truc.
Enterprises, especially foreign-invested and State-owned ones, expect better business performance in Q4, according to the General Statistics Office (GSO).
The industrial sector in the southern province of Dong Nai has experienced a stellar performance, with November’s index rising 2.49 percent from the previous month and 9.98 percent year-on-year.
The garment and textile sector is expected to surge in the fourth quarter of this year thanks to Vietnamese enterprises receiving stable export orders until the year-end.
