More efforts to sustain export markets

(ĐN)- In 2025, to achieve a GDP growth rate of at least 8%, Vietnam’s import-export turnover must increase by at least 12%. However, rising global trade tensions make it challenging to maintain traditional export markets and expand into new ones.

Enterprises participate in Vietnam - Japan trade connection conference in 2025, organized by Dong Nai provincial People's Committee to expand the market.

Dong Nai, a major industrial production hub in Vietnam, exports to around 180 countries and territories. The province is implementing measures to help businesses sustain their market share and explore new markets. The government has also tasked ministries with negotiating policy adjustments with the U.S. to ensure economic stability.

The U.S. is a key export market. In 2024, Vietnam exported over $16.7 billion worth of textiles and garments to the U.S., accounting for 38.4% of total textile and garment exports. In the first two months of 2025, textile and garment exports reached over $5.6 billion, but businesses must proactively respond by increasing localization and ensuring strict control over the origin of raw materials, as the industry still depends 80-85% on imported fabrics from China.

The wood export industry also faces challenges. Hoang Tan Hoa Co., Ltd. (Bien Hoa) currently exports to the U.S., Europe, and South America while expanding into Japan and South Korea to mitigate risks.

Although Vietnam’s exports increased by 9.9% in the first two months of the year, businesses must stay proactive in adapting to unpredictable global trade shifts.

Reported by V.Gia-K.Minh