Efforts to rotate orders, find markets

In the last months of the year, Trung An rice exporter is speeding up packing to export to Europe (EU), since more than a month now, the number of orders has increased and the price of exported rice has also increased sharply. Most fragrant rice, 5% broken rice, 25% broken rice and 100% broken rice all increased very optimistically.

Mr. Pham Thai Binh - Director of Trung An Hi-tech Agriculture Joint Stock Company shared: OM18 5% broken rice cost 570 USD/ton, Dai Thom 8 5% broken rice exported to the EU was priced at 650 USD/ton CIF price. (the seller's price includes the cost of the product, shipping and insurance fees). Orders come in a lot, at the end of the year there is not much inventory, so Trung An is making great efforts to meet the needs of partners.

With the textile and garment industry, although the textile and garment industry has achieved export turnover growth, in fact many textile and garment enterprises are lacking orders in the last months of the year.

Mr. Pham Xuan Hong, Chairman of the City Textile, Embroidery and Knitting Association. According to Ho Chi Minh, the export situation will still be difficult in the last months of this year. At this time, businesses are managing to maintain operations, large enterprises with abundant orders tend to share orders with businesses lacking orders. Others look for short-term opportunities in the domestic market.

Besides, businesses are making links to find orders in new markets. For example, enterprises belonging to the City Textile, Embroidery and Knitting Association. Ho Chi Minh City recently cooperated with businesses in India and Pakistan to exchange orders into these markets.

Textile enterprises try to turn orders

Similarly, with the seafood industry, Ms. Nguyen Thu Sac - Director of Hai Nam Co., Ltd. said that in order to keep orders and keep the market in the context of inflation, businesses have turned to producing value products. increase in the mid-range segment. At the same time, expanding online channels, creating the best conditions for consumers to access products.

Data from the General Statistics Office shows that in the first nine months of 2022, export turnover of goods is estimated at 282.52 billion USD, up 17.3% over the same period last year. A number of other industries belonging to the group of agriculture, forestry and fishery have made great efforts to expand markets and seek orders, thereby contributing to keeping the country's export growth momentum. In the first nine months of 2022, the Ministry of Agriculture and Rural Development said that the export turnover of agricultural, forestry and fishery products reached about 40.8 billion USD, up 15.2%. The trade surplus of agriculture, forestry and fishery reached about 6.9 billion USD, 2 times higher than the same period last year, and higher than the overall trade surplus value of all industry groups.

Supporting export businesses

Commenting on the demand for goods in Vietnam's key export markets in the last quarter of 2022, the Ministry of Industry and Trade said that consumer demand in markets that are major partners of Vietnam has slowed down but has not yet slowed down. decline. Because, despite the difficult economic situation, consumer demand of the world market will still increase at the end of the year. Many exporters also share this forecast.

According to a survey by the General Statistics Office on export orders, the trend in the fourth quarter of 2022 compared to the third quarter of 2022, 37.1% of enterprises expected to increase new orders; 44.9% of enterprises are expected to be stable; only 18% expected to decline.

Chairman of the Vietnam Textile and Apparel Association (Vitas), Mr. Vu Duc Giang, expects that with the current growth momentum, textile and garment exports in 2022 will reach 42-43 billion USD. Faced with the fact that the world market suddenly became "cold", the world's demand dropped sharply due to the world economic recession, high inflation, etc., Vitas leaders believed in the efforts of businesses in " repayment" of orders on schedule while promoting digital transformation and greening governance, the goal of export growth is completely achievable.

In order to support businesses, in the last months of the year, the Ministry of Industry and Trade will focus on boosting exports, promoting production development by supporting businesses in market information, export promotion, taking advantage of commitments in signed free trade agreements; through global value chains to find new markets.

Specifically, in September, a series of trade promotion events were actively implemented by the Ministry of Industry and Trade across export markets. Specifically, the Vietnam Trade Office in India coordinated with the Confederation of Indian Industry to organize a delegation for Indian business owners to attend a big event in Binh Duong. The Trade Promotion Agency also periodically organizes online conferences of trade counselors in countries and territories, direct dialogues with representatives of associations and businesses to update new information related to the market. export market.