Faced with a slump in export orders, woodworking firms have been striving to stay afloat in various ways.
VOV.VN - Fruit and vegetable exports received positive signs during the initial months of the year with the number of export orders to the major markets such as the United States and the EU growing by 20% to 30% against the same period from last year, according to industry insiders.
VOV.VN - The Vietnamese manufacturing sector continued to face challenging business conditions in the opening month of the year amid falling output and a decline in new orders, although there are positive signs ahead, according to a report released on February 1 on the Vietnam Manufacturing Purchasing Managers' Index (PMI) by S&P Global.
VOV.VN - Vietnamese firms are enduing a shortage of export orders and are therefore trying to retain employees in the initial months of the new year, a period which is usually considered the off-peak production season.
VOV.VN - Hoa Phat Group, Vietnam’s largest steel maker, said that it has received several export orders during the opening month of the year from markets such as the United States, Canada, Mexico, Puerto Rico, Australia, Malaysia, and Cambodia.
VOV.VN - A number of importers of the United States and the Netherlands have surprisingly sealed sale deals with Vietnamese businesses during the first days of the lunar New Year despite anticipated market difficulty in the year ahead.
VOV.VN - Recent volatility occurring in the global economy has dealt a heavy blow to Vietnamese businesses, especially those operating in the wood, textile and footwear manufacturing industries, forcing them to lay off tens of thousands of employees.
VOV.VN - Despite suffering a fall in export orders coupled with the appreciation of the US dollar, the local garment and textile industry is anticpated to meet an export target of between US$43 - 44 billion this year, according to industry insiders.
VOV.VN - Many Vietnamese businesses have felt the pinch as petrol and logistics costs are rising considerably, causing many to lose export orders signed with partners.
As many as 45.4% of businesses in a recent survey conducted by the General Statistics Office (GSO) forecast that their production would increase in the first quarter of 2022 as compared to the fourth quarter of 2021.