Enterprises in Ho Chi Minh City quickly restart production activities to meet the export orders at the beginning of the new year. Most businesses expect 2025 to bring many positive signals in production and business activities.
Mr. Pham Xuan Hong, Chairman of the Board of Directors of Saigon 3 Garment Joint Stock Company - Chairman of Ho Chi Minh City embroidery sewing association, said that this year's textile export market is quite good. Currently, businesses in the industry are promoting production. Most businesses have orders for the first quarter of 2025 and are preparing for the second quarter.
In 2025, the textile industry hopes that orders can increase by 10-15% compared to the previous year. Therefore, the most important thing of the business is to improve production, increase efficiency, improve product quality, meet the rigorous standards of the export market. At the same time, taking good care of workers to keep the old labor and recruiting new workers, meeting the increasing production demand and sustainable development.
Mr. Nguyen Quoc Anh - Chairman of Ho Chi Minh City Rubber Association forecasted that in 2025, the rubber and plastic market continued to grow better, the orders of businesses in the industry will continue to increase sharply.
In addition to the key market is the United States, Vietnamese businesses are increasingly improving competitiveness, taking advantage of domestic raw materials as well as lowering production costs due to technological innovation, to expand their customers in markets like Europe and Japan.
According to Mr. Nguyen Ngoc Hoa - Chairman of Ho Chi Minh City Business Association, in 2025, the world market, especially countries that are the main customers such as the US, some European countries ... there are changes in policies. This not only affects Vietnam but also affects all other suppliers in the world.
The important issue is that Vietnamese enterprises have identification and preparation with this change to adapt quickly, must be proactive to catch. For example, it will be more strict in the green technical barrier, so businesses must quickly embark on investing to achieve export standards for export. In Ho Chi Minh City, there was the support of the State through the stimulus of green conversion and digital conversion.
At the same time, businesses must accept price competition when countries can improve import and export tax. In order to have a more competitive price, it is necessary to apply technology, processes in management, administration ... to lower costs and better prices to help businesses reduce risks when selling goods into markets of countries to increase import tax.
Vietnamese enterprises must focus to make the most of the advantages such as textiles, agricultural products ... Besides, it is necessary to upgrade and traceability because the technical standards are increasingly stricter.
“The Association also invited experts to predict the possibility of new policies of the US President. According to experts, if we take the initiative and have appropriate solutions, we can still stay and retain the main customers that the business has been built hard for many years ” - President Hiep Hiep Ho Chi Minh City Business Association said.
Businesses also said that right before the US presidential election, they updated information, evaluated and predicted the situation. Therefore, businesses are completely proactive to respond, take advantage of opportunities, rebuild the supply chain.
