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In addition to positive signals due to increased market demand, Thanh Hoa textile and garment enterprises have been proactive and flexible in diversifying export markets. In addition to large, traditional markets such as the US and Europe, enterprises have approached a number of new markets with good recovery in Asia, Southeast Asia, Eastern Europe, and the Middle East. At the same time, implementing solutions to diversify products, maintain product quality and create competitive advantages in price. To achieve the target of producing 530 million products, of which nearly 360 million products will be exported in 2024, Thanh Hoa textile and garment enterprises need to focus on investing in science - technology and human resources development; diversifying markets, products and customers; regularly updating market information, meeting the increasingly high standards of import markets.
Source: Foreign Affairs Information Column, May 2, 2024
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