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.

Key points:

Q1 performance: Vinatex reported Q1 revenue of VND 4,417 billion (approx. US$176.7 million), up 6.1 percent year-on-year; profit rose 165.5 percent to VND 271 billion (approx. US$10.8 million).
Order recovery: Garment enterprises have orders secured through Q2 2025; some customers are accelerating timelines to ship before tariffs potentially apply.
Yarn business remains cautious: Demand and prices dropped in late February due to global trade tensions and falling cotton prices.
Contingency planning: Vinatex is working to diversify raw material sources, optimise production, and identify new markets—anticipating possible disruption if Chinese textile exports to the US are rerouted.
Message to industry: Chairman Le Tien Truong called for calm, urging firms to boost productivity and coordination over the next 90 days while awaiting the outcome of government negotiations.

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