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Ho Chi Minh City’s export growth leads the country

With this positive result, it is forecasted that Ho Chi Minh City will continue to maintain its leading position in the country in activities export.

Previously, according to the Vietnam Import-Export Report published by the Ministry of Industry and Trade, in 2021, Ho Chi Minh City will be the leading locality in terms of exports, after overcoming many difficulties and challenges from the epidemic.

The main product of Viet Steel Machine Co., Ltd. is a cold-rolling metal forming machine, serving the construction industry with the main markets of Indonesia, Malaysia, India… Two years of translation as well as the first months of the year. This 2022, continuous orders have made the company decide to expand the market to North American countries.

Ho Chi Minh City's export growth leads the country - Photo 1.

In 2022, Ho Chi Minh City strives for export growth of 9-9.5%. (Illustration image – Photo: Labor)

“We will try to perfect everything now and meet the higher requirements of our customers. For example, in the past, it was just an ordinary machine, but now we combine it with 4.0 technology. and monitor machines with Scadar, to access more high-end markets,” said Nguyen Quoc Trung, CEO of Viet Steel Machine Co., Ltd.

Export revenue is expected to increase by nearly 60% in the second quarter of 2022 and orders are also available until the end of the year, which makes Viking Vietnam Co., Ltd. confidently aim to double its size. . To help the unit have such good export recovery and growth, it is impossible not to mention the timely companionship from the authorities.

“The rotation of capital, or lending at low or no interest rates, is also one of the conditions to help businesses recover faster,” said Ms. Le Nguyen Trang Nha, General Director of Viking Vietnam Co., Ltd. , To share.

“We will coordinate with large e-commerce enterprises, such as Amazon, Alibaba…, propose policies to the City People’s Committee to support 50% of the funding for businesses in the first year of listing.” Mr. Nguyen Khac Hieu, Import-Export Management Department, Department of Industry and Trade of Ho Chi Minh City, commented.

Ho Chi Minh City will also organize continuous seminars from now until the end of the year to connect trade and disseminate free trade agreements to help the city’s business community take new steps in exporting. In 2022, Ho Chi Minh City strives to grow exports from 9-9.5%, reaching about 50 billion USD.

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