Early this morning, April 10 (Vietnam time), US President Donald Trump announced a 90-day postponement of reciprocal tariffs on 75 countries, including Vietnam. This is good news for Ha Tinh Garment Factory 10 (Ky Anh Town) because this enterprise exports up to 40% of its goods to the US market.
However, in the context of the US-China trade war "escalating" when the US imposed a tax of up to 125% on China, the enterprise assessed that the export market in the coming time will still face many difficulties, causing a direct impact on the production and business activities of the unit.

Mr. Tran Bao Khanh - Head of Human Resources Department of Ha Tinh Garment Factory 10 said: "Faced with recent market fluctuations, the company is actively looking for solutions to turn challenges and difficulties into advantages. We have been trying to find orders in European countries and Korea to avoid dependence on traditional markets such as the US and Japan. Initially, the solution to find new partners has shown many positive signs, the company is still maintaining production pace and is stabilizing jobs for nearly 400 workers."
According to statistics, in the first 3 months of 2025, Ha Tinh Garment Factory 10 produced 306,000 products (up 30% over the same period), thereby achieving revenue of 473,000 USD (up 35% over the same period). In addition to the solution of finding and expanding export markets, Ha Tinh Garment Factory 10 is aiming to apply technology, optimize production processes to improve productivity and reduce costs.

Also responding to scenarios that may have many fluctuations for export goods in the coming time, TAAD Ha Tinh Production Investment and Trade Joint Stock Company (Ha Tinh City) is working with its Japanese partner to assess the impact and forecast risks.
“In the new context, many export enterprises are looking for domestic markets and Southeast Asian and European countries... Therefore, the company predicts that in the coming time, it will have to face fierce competition from the market. Currently, in addition to Japanese partners, we are looking for and expanding other markets so as not to be dependent on traditional customers,” Mr. Pham Dinh Nhan - Director of TAAD Ha Tinh Production, Investment and Trading Joint Stock Company emphasized.

To achieve the revenue target of 60 billion VND by the end of 2025, TAAD Ha Tinh Production Investment and Trading Joint Stock Company is focusing on investing in modern technology and machinery; training and improving skills for workers; proactively applying technical solutions to increase productivity; researching solutions to reduce production costs, reduce product prices... In the first 3 months of the year, the output of this enterprise reached 260,000 products with revenue of 20 billion VND (reaching 33% of the 2025 plan).
At MTV Garment Export Joint Stock Company (Bac Cam Xuyen Industrial Park), thanks to the order closing until the end of the second quarter of 2025, the company is still ensuring jobs for more than 150 workers. Instead of choosing long-term orders with large quantities, MTV Garment Export Joint Stock Company is focusing on improving workers' skills so that they can process and receive short-term orders to increase output and expand the import-export market.

Mr. Nguyen Trong Viet - Director of MTV Garment Export Joint Stock Company said: "In the context of increasingly tightening tariff barriers, raw material prices will certainly escalate, logistics costs will increase, pushing businesses into a challenging situation. However, in difficult times, we will strive to find opportunities to cooperate with new partners. However, to prevent the risk of tax increases, businesses will refuse to cooperate with orders that require them to bear all costs of delivery to the warehouse."
According to preliminary statistics, Ha Tinh currently has 10 large enterprises participating in the production of textiles and garments for export, thereby creating jobs for nearly 5,000 workers, including: Apparetech Duc Tho Export Garment Company; Haivina Hong Linh Company Limited; Vinatex Hong Linh Joint Stock Company; Nghe Tinh Fiber Joint Stock Company; Pro Sports Nghi Xuan Garment Factory; Ha Tinh Garment Factory 10 (Ky Anh Town); TAAD Ha Tinh Investment and Trade Production Joint Stock Company (Ha Tinh City); MTV Export Garment Joint Stock Company (Bac Cam Xuyen Industrial Park); BGG Huong Son Garment Joint Stock Company; North Central TMT Company Limited (Ky Anh Town).
Some businesses directly export goods to the US market and some businesses process goods to the US for domestic companies.

Mr. Vo Ta Nghia - Deputy Director of Ha Tinh Department of Industry and Trade emphasized: “In the context of the world trade war that may be tense, import-export enterprises, especially export processing enterprises, will be affected. To maintain the growth rate in the current context, enterprises must be flexible, proactive and creative to turn difficulties and challenges into favorable opportunities. To do that, enterprises need to proactively research and approach to expand the market, improve product quality and value, review the supply chain, find alternative sources of raw materials and improve processes to reduce costs. In addition, enterprises need to comply with the rules of origin, ensure that goods meet export standards to find advantages in the difficult market developments".
Source: https://baohatinh.vn/doanh-nghiep-det-may-ha-tinh-chu-dong-thich-ung-tim-kiem-don-hang-moi-post285701.html
Comment (0)