The Ministry of Industry and Trade said that textile and garment export turnover reached 3.19 billion USD in the first month of the year, up 1.8% over the same period last year.
The above figures are positive signals for the industry's export target of 48 billion USD. textile set. Businesses are taking full advantage of market opportunities in the first half of the year when orders are abundant, while also planning scenarios to respond to global trade tensions to maintain growth momentum.
Targeting a growth rate of over 20% compared to 2024, garment company Dony said that orders are now filled in the second quarter of 2025. Taking advantage of trade agreements and understanding the specific consumer needs of each market, the company is receiving many new orders.
In the context of escalating global trade tensions, textile and garment enterprises also said that they have prepared scenarios to respond. Priority is given to expanding the market and diversifying the supply chain by participating in international textile and garment organizations and trade promotion fairs to seek orders and find alternative sources of raw materials.
Businesses said that the number of people interested in, learning about, and asking questions about businesses increased by about 20% compared to last year. Purchasing power increased due to the recovery of market demand, and Made in Vietnam products increasingly conquered demanding customers.
Ms. Doan Thi Bich Ngoc - CEO of CANIFA Joint Stock Company said: "Vietnam's value chain is increasingly perfect. We are knowledgeable about the value chain, so we will know how to create products that are still competitively priced."
In its role as a trade promotion organizer, the Ministry of Industry and Trade said it will support businesses to participate more deeply in the global supply chain to respond to market fluctuations.
Ms. Phan Thi Thang - Deputy Minister of Industry and Trade said: "Enterprises need to approach trends in applying science and technology, approaching stages and higher stages and chains of textile and garment. We do not only focus on processing but also focus on design and materials to gradually become more proactive in the coming time".
The Ministry of Industry and Trade will work closely with businesses on compliance with regulations on origin, supply chain traceability, green transformation, etc. to take advantage of export opportunities.
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