Textile and garment enterprises have orders until the end of the third quarter of 2025

In the context of a volatile market with risks related to tariffs, many businesses in the Vinatex system have adapted quickly to seize opportunities to increase exports and expand new orders in the EU, Australia, and South Korea markets...

Many enterprises in the Vinatex system have had export orders until the third quarter of 2025. (Photo: Investment Newspaper)

This is the sharing of leaders of textile and garment enterprises in the Vinatex system when informing about the production, business and export situation in the context of fluctuations from tariff policies of major import partners.

Orders are good until August 2025

In general, most exporters have enough orders for the second quarter and almost the end of the third quarter of 2025, and are being very flexible in coordinating production to deliver on time to customers.

Mr. Pham Tien Lam, General Director of Duc Giang Corporation, said that the company is taking advantage of working time to export goods within the 90-day period that the US postpones the imposition of reciprocal tariffs. In situations where it is necessary to negotiate to share with customers, depending on the type of cooperation (FOB or CM) and the scale of the relationship with each partner, Duc Giang will choose the most optimal way to minimize the cost that must be shared.

“The positive signal is that customers in the US have not withdrawn or reduced orders, and some potential markets such as Australia, Japan and China are showing positive signs of orders. Overall, orders remained stable until the end of July and are currently continuing to receive more orders for August and September,” said Mr. Lam.

According to Mr. Nguyen Ngoc Binh, General Director of Hoa Tho Textile and Garment Corporation, in the past month, the situation of new orders from American customers for August onwards has been very slow, even in some cases stopping completely.

The main reason is that customers say they need to monitor and re-evaluate their purchasing, consumption, inventory and the impacts of new tax policies.

Many customers have cut down on their orders or negotiated deeply discounted prices, including CM and FOB. Some customers have decided to shift orders to factories in Bangladesh or keep production in China.

However, Hoa Tho noted that some orders were shifting from China, focusing on shipments in June and July. To compensate for the sharp decline in export orders to the US from August onwards, businesses proactively offered to supplement the remaining production capacity in August.

For orders to the EU and Japan, Hoa Tho confirmed that it is equivalent to the last months of 2024.

Sharing about the production and business situation in the third quarter of 2025, a representative of Southern Textile and Garment Corporation (VSC) said that the company has received enough orders to produce until the end of August 2025.

In response to developments related to export tariffs to the US, VSC has proactively developed other markets such as Europe and the UK. The proportion of orders from these markets in the last months of the year has increased significantly compared to the beginning of the year.

In the first 6 months of the year, the garment industry market has many opportunities for orders, which may even last until the end of the third quarter of 2025. Therefore, businesses need to be proactive and flexible to take full advantage of market opportunities, completing at least 2/3 of the annual profit plan to have reserves for production organization, avoiding risks when the market reverses.

“From now until July 10, the US will have temporary reciprocal tax policies for Vietnam, as well as waiting for the results of the Government 's negotiations. However, on the positive side, US inventories are low, so orders in the third quarter of 2025 may still be good, but the fourth quarter of 2025 may decrease by about 10% due to reduced US consumer demand.

Chairman of Vinatex Board of Directors Le Tien Truong

A major exporter in the North, Hung Yen Garment Corporation, said that Hung Yen Garment has planned to produce continuously until mid-August and is continuing to negotiate to receive more orders.

Although current customers in the US market tend to reduce orders, some customers who are placing orders in China are shifting to Vietnam. At the same time, market share from other markets such as Australia, the UK and Europe is also increasing.

Pressure to deliver more urgently

Concerns about tariffs have led many importers to request faster delivery times, putting pressure on production for export businesses.

Regarding this issue, Ms. Pham Thi Phuong Hoa, General Director of Hung Yen Garment Corporation, said: “From now until the end of July, especially in June and early July, the production situation of Hung Yen Garment is quite tense because customers require on-time delivery, not accepting delays like previous years. This request from the buyer has forced the entire production system to concentrate highly to complete the orders.

Meanwhile, May10 Corporation shared that orders are full until the end of July, some types of jackets will be available until the end of August, and some other items until the end of the year.

However, with orders in early July, customers requested to speed up delivery, leading to great pressure on production, so businesses had to organize flexible production and overtime to meet the demand.

Forecasting orders for the fourth quarter, May 10 said that the market signal is not really feasible, especially for shirts. Because consumers have bought a lot in the past due to concerns about price increases, consumer demand in the third and fourth quarters is expected to decrease by 10% to 20%.

Currently, May 10 is proactively searching for and expanding its raw material supply through connections with member units in the Group, as well as a number of businesses in India and Taiwan...

Despite many market difficulties, textile and garment exports in the first 4 months still maintained positive results. According to the General Department of Customs, Vietnam's textile and garment exports in April 2025 reached 3.64 billion USD, up 15% over the same period. The cumulative export turnover in the first 4 months of 2025 reached 13.9 billion USD, up 11% over the same period.

Some major export markets such as the US, Japan, and the EU all saw growth, while the Chinese market showed a downward trend because this market mainly imports yarn to produce fabrics. Trade tensions with tariff policies also affected textile enterprises in this country, leading to a decrease in demand for yarn imports.

Commenting on the market in the coming time, businesses said that the US-China trade relationship tends to cool down with some agreements reached; the VND/USD exchange rate is developing more positively; Actual inventory in the US is at a very low level, many brands only have enough for the next 6-8 weeks, goods are scarce for the back-to-school season and year-end festivals... However, businesses are facing increased input costs due to the increase in electricity prices from May 10, while unit prices for export goods are very difficult to increase.

To ensure sustainable exports and avoid trade defense risks related to origin, businesses are currently making the utmost efforts to arrange input materials and be transparent in certifying origin, especially for orders using imported raw materials.

"For customers that the company is cooperating with, the general view is that even if tariffs change, they will continue to maintain orders and minimize supply chain movements. The core issue in the coming period will be to optimize prices and review the origin of goods, not to stop orders," said Mr. Pham Minh Duc, General Director of Nam Dinh Garment Company.

According to Investment Newspaper

https://baodautu.vn/doanh-nghiep-det-may-co-don-hang-gan-het-quy-iii2025-d289313.html

Source: https://thoidai.com.vn/doanh-nghiep-det-may-co-don-hang-gan-het-quy-iii2025-213797.html