Regional Economy: Vietnam'S Textile And Clothing Production Capacity Broke Out And The Recovery Momentum Was Strong

2022/3/1 12:50:00 0

According to Vietnam customs data, in the fourth round of epidemic in 2021, the total export volume of goods in Beining City of Vietnam continuously surpassed that of Ho Chi Minh City, ranking first in the country. After the epidemic situation was controlled in December 2021, enterprises in Ho Chi Minh City resumed operation, and the total export volume of commodities exceeded 4.8 billion US dollars. In January 2022, it ranked first again, reaching 4.1 billion US dollars.

For the whole year, in 2021, the total export volume of goods in Ho Chi Minh City reached 44.9 billion US dollars, ranking the first in danger, followed by Beining City with us $44.8 billion. At present, the capacity of most enterprises in Ho Chi Minh City has exceeded 95%, and the enterprises in the high-tech park are operating at full capacity. Most of the export orders have been received by the end of the first quarter, while the export orders of timber and clothing enterprises in the first half of the year are full.

As of the end of 2021, Hong Kong, China has invested 2041 projects in Vietnam with a total amount of US $27.83 billion, mainly in the fields of processing and manufacturing, clothing and textiles. Although the epidemic situation is relatively serious, the two places can still maintain stable trade exchanges, with an annual growth rate of 10%.

It can be seen that the strong epidemic prevention and control and policy implementation make textile and clothing export, enterprise operation and investment management maintain a high stability, and the recovery momentum is strong.