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Tag: exports

Textiles: Vietnam’s Vinatex steps up delivery, resilience planning amid US tariff uncertainty

Vietnam’s textile giant Vinatex is ramping up production and reinforcing its strategic planning following the announcement—and 90-day delay—of the US’s 46 percent reciprocal tariff on Vietnamese goods. While some orders were initially paused, customers quickly resumed demand once the deferral was confirmed, giving exporters a narrow window to fulfil contracts, Tuoi Tre is reporting.

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Vietnam’s mobile phone output down 1.7 percent year-on-year in Q1

Vietnam’s mobile phone production reached 15.1 million units in March, up slightly from 14.9 million units in February. However, March output was 10.4 percent lower than the same month last year, and total first-quarter production stood at 45.8 million units, down 1.7 percent year-on-year, according to data from the General Statistics Office.

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Vietnam’s Q1 2025 trade turnover hits US$202.5 billion, up 13.7 percent

Vietnam’s total trade in goods reached US$202.52 billion in the first quarter of 2025, rising 13.7 percent year-on-year. While exports rose by 10.6 percent to US$102.84 billion, a faster 17.0 percent increase in imports narrowed the country’s trade surplus to US$3.16 billion, according to a press release from the General Statistics Office.

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