Vietnamese fashion, furniture, household goods expected to join int’l distribution system
Vietnamese businesses should improve their competitiveness and access markets effectively to bring their fashion, furniture and household goods into the international distribution system as the demand for such products is showing rosy signs, experts said at an international workshop in Ho Chi Minh City on June 6.
HCM City (VNA) – Vietnamese businesses should improve their competitiveness and access markets effectively to bring their fashion, furniture and household goods into the international distribution system as the demand for such products is showing rosy signs, experts said at an international workshop in Ho Chi Minh City on June 6.
Ta Hoang Linh, Director of the European-American Market Department under the Ministry of Industry and Trade (MoIT), said the group’s export revenue has grown impressively over the past years, significantly contributing to the country’s total export value.
However, he said, intrinsic limitations and stringent regulations set by importers are posing marked challenges to Vietnamese firms, suggesting them catch up with the trend of green, sustainable economy, stay updated on consumer preferences, and work out clear strategies on developing new products.
According to Director of the HCM City Investment and Trade Promotion Centre (ITPC) Tran Phu Lu, Vietnamese fashion, furniture and household goods hold export advantages, especially in terms of product quality. However, finance and personnel limitations have made it hard for domestic enterprises to compete with big brands in the world.
He suggested them optimise digital transformation in production, closely coordinate with suppliers, put forth flexible production and management plans, and keep a close watch on market changes.
Tran Nhu Tung, Vice Chairman of the Vietnam Textile and Apparel Association (VITAS), said partners have asked Vietnamese factories to use clean energy, make commitments and take specific actions in shifting to sustainable production.
Given the fierce competition, he advised domestic enterprises to invest mo𝓀re in machinery and equipment to raise productivity and quality, while diversifying products and markets./.
Ambassador to Italy Duong Hai Hung has congratulated Vietnamese enterprises - the Ho Chi Minh City Investment and Trade Promotion Centre (ITPC) and the Handicraft and Wood Industry Association of HCM City (HAWA) - for their initial success in showcasing Vietnamese products in Milan Design Week in Italy - a design & brand arena of furniture businesses around the world.
A recent Green Fashion Exhibition in London featured a sustainable fashion collection by Vietnamese designer Lan Huong, with clothing made with 100% ramie yarn which is biodegradable and can be reused and recycled.
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The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
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On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
