Ho Chi Minh City businesses seek new export space

NGỌC LÊ |

Ho Chi Minh City businesses are expanding export markets, expecting production growth in 2026 when the economic context is still volatile.

Proactively respond to fluctuations

Mr. Nguyen Dang Hien - Tan Quang Minh Trading and Production Co., Ltd. said that compared to previous years, this year the business's production and business activities are expected to achieve better growth, especially in the MT channel (supermarket channel). This channel alone has recorded very high growth compared to before. Other distribution channels also achieved quite good growth compared to the general level in Ho Chi Minh City.

However, according to Mr. Hien, the current economy is entering an unfavorable cycle. In the immediate future, many businesses are facing increasing interest rate pressure, from an average of about 5.8% to 6.6%, even some businesses are suffering interest rates of 7-8%. These fluctuations come from both internal factors of the economy and external impacts such as geopolitics, reciprocal tax policies and especially the disruption of the logistics chain, causing significant increases in business costs.

In that context, Mr. Hien believes that businesses need to proactively grasp the situation and prepare carefully for production and business activities to avoid being passive in the face of fluctuations. Although undesirable, when difficulties occur, flexible adaptation and finding solutions suitable to the conditions of each business is a decisive factor. Businesses also expect that in 2026 there will be more support policies, especially for production and business activities.

In fact, according to Mr. Hien, in 2026, the State has issued many positive policies, identifying the private economy as an important driving force of the economy, along with policies to support interest rates, green economic development, digital transformation... However, to take advantage of these policies, the key issue is still accessibility, requiring businesses to have proactive, methodical and thorough preparation.

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Ho Chi Minh City businesses grow strongly but face many new challenges. Photo: Ngoc Le

Expecting strong production growth in 2026

Ms. Huynh Thi Thu Hanh - Marketing Director of 2D&One Co., Ltd. said that the unit has started to approach more new customers, including some customers from Europe such as Poland and orders have arisen. The business expects that in 2026, the number of orders will increase more.

According to Ms. Hanh, this year the enterprise has exported a relatively good volume of orders, although the current key markets are still Canada and the US. It is expected that Poland will become an important additional market in the near future. However, the supply of raw materials is not really stable, affecting the quality and production progress, causing the implementation time of export orders to be longer than usual.

Sharing the expectation of expanding the market, Ms. Nguyen Ngoc Huong - CEO of Thien Nhien Viet Import-Export Co., Ltd. said that the company's products originate in Vietnam, the packaging clearly states "Made in Vietnam", and have been stably exported to the US and European markets for many years.

In the coming time, we plan to expand more markets and strongly increase export output to the US and Europe, with the orientation of maintaining the Vietnamese brand built and developed by the business itself. We believe that by 2026, along with the development of e-commerce in the US alongside distribution channels to traditional markets, the output and presence of Vietnamese goods will increase significantly," Ms. Nguyen Ngoc Huong shared.

Currently, with a number of large partners, the enterprise has forecasted and agreed on output for 2026. At the same time, the enterprise also plans to increase output to meet the needs of existing customers. According to expectations, export output may increase by at least about 50%, and in a favorable scenario, it is entirely possible to double the increase.

NGỌC LÊ
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