Vietnamese exporters race to fulfill yearly targets
VOV.VN - Ten-month export results show that numerous commodity sectors are accelerating strongly toward their 2026 targets, with turnovers projected to exceed expectations amid recovering global demand and robust momentum from high-tech products.
Exporting enterprises across the country are maintaining steady manufacturing momentum, with many securing full order books through the end of 2026 and receiving new orders for 2027. Businesses’ proactiveness, coupled with recovering global demand, serves as the primary driver accelerating ten-month export turnover.
As of October 15, Vietnam's total export turnover reached US$463.7 billion, up 25.9% year-on-year. Electronics, computers, components, and phones spurred the growth, hitting US$189.6 billion by mid-October.
The sector is expected to surpass the US$200-billion milestone within October and reach US$240 to US$245 billion for the full year, indicating Vietnam's deepening role in the global technology value chain, particularly amid artificial intelligence investment waves.
Other key sectors also posted positive outcomes. The garment and textile industry maintained steady production, with many enterprises securing orders through year-end and targeting US$48 to US$49 billion in exports.
Wood and forestry exports fetched nearly US$14.1 billion by mid-October, set to hit US$19 billion for the year stimulated by the year-end shopping peak. Meanwhile, footwear exports approached US$23 billion, though moderating growth rates left the US$29-to-30-billion annual target a variable.
In the final months of the year, enterprises are rushing to finalize shipments to meet surging consumer demand, bolstered by the World Trade Organization (WTO) raising its 2026 global merchandise trade growth forecast to 3.9%
In an effort to resolve upcoming challenges and capitalizing on opportunities in the year-end period, Deputy Minister of Industry and Trade Phan Thi Thang noted that utilizing free trade agreements (FTAs) and diversifying markets and products will help businesses reduce dependence on traditional markets, expand growth room, and mitigate risks from international trade policy fluctuations.
Export orders pick up pace towards year-end
With just two months remaining in 2026, businesses are stepping up production and deliveries to meet rising demand for the year-end festive season and holiday shopping. Production activities at many businesses in southern Vietnam have become increasingly brisk as year-end orders gather pace.
