Vietnamese businesses are experiencing a notable uptick in new export orders as they gear up for the upcoming Christmas and New Year holidays. According to reports from industry sources, many garment companies have secured substantial export orders for the third quarter and are actively negotiating for the fourth quarter.
Leaders and representatives in the industry emphasize the importance of these orders in stabilizing operations and meeting demand during the festive season. They anticipate a sustained increase in export orders throughout the remainder of the year.
Tran Nhu Tung, Vice-Chairman of the Vietnam Textile and Apparel Association, expressed optimism about the recovery of the domestic apparel market. He mentioned potential challenges such as global economic uncertainties and operational constraints, including labor shortages and logistical disruptions.
Meanwhile, Vietnam's agriculture sector is also showing positive signs, particularly in the export of fruits and vegetables. Prices for products such as durians have seen significant increases in response to growing demand from international markets, particularly China.
Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetables Association, highlighted that Vietnam exported approximately $1.5 billion worth of durians in the first half of the year, with expectations of reaching $2 billion by the end of the year.
Additionally, commodities like coffee beans are experiencing upward price trends, contributing to the overall positive outlook in the food and agricultural industries.
#ITCNewsUpdates #BreakingNews #VietnamExports #HolidayDemand #AgricultureMarket #TextileIndustry #EconomicGrowth
