Many businesses are full of orders until the end of the year.

Illustration photo.

According to the Customs Department, the total import-export turnover in the past 9 months reached more than 680 billion USD, an increase of more than 17% compared to the same period in 2024, showing a strong recovery in trade and production. S&P Global (US financial and data group) recorded an increase in new orders, and exports - after a period of decline - have gradually stabilized.

Gia Dinh Group Joint Stock Company said that orders are full from now until the end of the year, so the growth target of 15% this year is feasible.

"We are preparing to strive to fully implement the orders and plans set out. Negotiating with foreign partners to resolve these difficulties is to jointly resolve profits and share part of the tax with US partners," said Mr. Nguyen Chi Trung - Chairman of the Board of Directors of Gia Dinh Group Joint Stock Company.

Notably, Vietnam’s new export orders have shown signs of stabilizing. International demand remains low, but some Vietnamese businesses have received new orders from abroad. Some have expanded exports to India and the Middle East, taking advantage of low logistics costs and rising demand.

Many businesses also commented that the outlook for the last months of this year is positive as Vietnam has proactively seized opportunities from free trade agreements and the shift of orders from countries in the region.

Mr. Mohammad Mudasser - Director, Transaction Advisory Services - Transformation, PwC Vietnam recommends: "If the US market is difficult, Vietnam should look to Asian countries, where costs are lower and Vietnamese products are in high demand such as fruits, vegetables, seafood. These are products that can be consumed in many markets. Although the profit margin is 2-3% lower, the transportation cost is also reduced, so the overall is still equivalent. Countries with large consumption such as India, China, Indonesia, and the Middle East are all opportunities for Vietnamese businesses."

According to the General Statistics Office, in the fourth quarter of this year, business confidence continued to be strengthened when 32% of businesses expected an increase in new export orders; 51% of businesses expected stability and only 17% of businesses expected a decrease. Exports are likely to continue to be the main driver of Vietnam's economic growth in 2025.

Source: https://vtv.vn/nhieu-doanh-nghiep-kin-don-hang-den-cuoi-nam-100251013151251121.htm