Coffee production at Lacote Vietnam Production and Export Company Limited (Thong Nhat district). Photo: V.Gia |
Enterprises are proactively following world market developments and researching the domestic market to increase production and make the most of their advantages.
Industrial production growth positive
According to the Ministry of Industry and Trade , Vietnam's industrial production index (IIP) in May increased by 9.4% over the same period in 2024, bringing the overall increase in the first 5 months to 8.8%. The processing and manufacturing industry increased by 9.3%, continuing to play a leading role, promoting production growth and creating jobs for the economy. The Purchasing Managers' Index (PMI) of Vietnam's manufacturing industry in May 2025 increased to 49.8 points compared to 45.6 points in April, showing that business conditions in the manufacturing industry have almost stabilized again. The General Statistics Office stated that the processing and manufacturing industry has always been considered one of the key economic sectors, playing the role of a driving force for economic growth, promoting trade and export.
In Dong Nai , in May, data from the Dong Nai Statistics Office showed that industrial production activities in the province continued to maintain positive growth momentum. The IIP index in May increased by 5.1% compared to the previous month and increased by 13.6% compared to the same period in 2024. In the first 5 months of the year, the IIP index increased by 9.3% over the same period. Many manufacturing industries have quite remarkable growth rates.
As the world and regional economies continue to experience many fluctuations, the domestic market plays an important role, both as a pillar for stable growth and as a support for product consumption for Vietnamese enterprises, especially when exports face difficulties.
The production pace is partly due to the growth in export value. The country exported goods worth 39.6 billion USD in May. Notably, data from the Customs Department recorded that the export turnover in May was a record high. In the first 5 months, the total export turnover of the country reached 180.23 billion USD, up 14% (equivalent to an increase of 22.1 billion USD) compared to the same period last year.
Similarly, Dong Nai achieved an export value of nearly 2.4 billion USD in May, and a cumulative 5-month value of more than 10.8 billion USD, an increase of more than 16.3% over the same period last year. During this period, enterprises are making efforts to sign new export orders and speed up delivery before the import tax situation from the US becomes more tense. In addition, due to fluctuations in the world, the unit prices of some export items have increased, contributing to the increase in export turnover compared to the same period.
Enterprises proactively expand markets
Textile and garment is an industry with good export growth in recent months thanks to the initiative of enterprises. According to Mr. Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association, the industry has expanded its market to 132 countries and territories (104 countries and territories in 2024), and Vietnam has even exported high-quality garment products to China. In addition to the main export market, Vietnamese textile and garment enterprises are actively expanding their market share in many other large and potential markets. The Association is confident that enterprises will always proactively find and remove bottlenecks to create stable production development in the third and fourth quarters of 2025, thereby overcoming challenges and achieving the export target of 48 billion USD set for 2025.
Similarly, the shortage of rubber supply in the world market will continue in 2025, causing prices to increase. This is considered an opportunity for domestic rubber enterprises to increase export value and output. Currently, Vietnam's harvest output is increasing while other major producing countries are decreasing, which will help rubber export turnover to continue to grow well in 2025 and natural rubber export turnover can reach more than 3.5 billion USD.
General Director of Dong Nai Rubber Corporation Do Minh Tuan shared that in addition to exporting rubber, the company is diversifying its products, working with international partners to learn from experience, investing heavily in production technology, and improving product quality.
Taking advantage of the season and prices, Director of Lacote Vietnam Production and Export Company Limited (Thong Nhat District) Dinh Thanh Thien shared that although export prices have increased, coffee is scarce in the global market due to the decrease in output. Vietnamese coffee is favored by many customers, so the company is closely monitoring the market situation to have appropriate solutions in the coming time.
According to the Dong Nai Department of Industry and Trade, the department will support businesses in promoting products, building brands, finding partners, and making the most of free trade agreements. The industry will work with relevant units and organizations to grasp information and forecast import-export situations, optimizing the supply chain.
Van Gia
Source: https://baodongnai.com.vn/kinh-te/202506/giu-nhip-san-xuat-cac-nganhcong-nghiep-83b136e/
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