With signs of recovery from the world economy, along with the efforts of businesses, Hai Duong’s export situation has improved and regained growth momentum. “Made in Hai Duong” goods are spreading everywhere.
Multiple orders
Nissei Vietnam Technology Co., Ltd. (Phuc Dien Industrial Park, Cam Giang) specializes in manufacturing printer components, but this year it has also produced car camera components and medical equipment. Products are mainly exported to the markets of Japan, Thailand, and China. As of mid-August, the company has achieved 80% of its annual production plan. Although it has not expanded its market, the number of orders and customers of the company is increasing. The company has a production plan until 2027 with a stable number of orders.
Tinh Loi Garment Company Limited (Kim Thanh) currently has more than 20,000 workers, and is still the enterprise with the largest number of workers in the province. Two years ago, due to the impact of the global economic recession, workers here faced many difficulties due to lack of work, at one point the enterprise only had about 13,000 workers. The company's Board of Directors has connected with many markets to get orders, creating jobs for workers.
According to the representative of Tinh Loi Garment Company Limited, the impacts of free trade agreements have promoted global growth and connectivity, creating opportunities for many countries to participate in restructuring import-export markets in a positive direction, improving the export environment, creating more jobs. Therefore, in 2024, the company's orders have improved a lot, increasing by 70% compared to the previous year, the company produces more than 60,000 products per day, mainly exported to European countries. The company's production plan has filled the whole year of 2025.
Strive for export turnover to increase by more than 20%
In addition to high-tech and garment products, Hai Duong is also a reputable address for exporting many agricultural products. With about 500 hectares of vegetables, tubers and fruits in all districts of the province, Hoang Nam Phat Cooperative (Hai Duong City) exports about 100 tons of vegetables, tubers and fruits to markets in Laos, Thailand, Korea, India, Malaysia, etc. every day. Mr. Ho Viet Hoan, Director of Hoang Nam Phat Cooperative said: "In the coming time, the cooperative will continue to expand production, linking with members of provinces and cities to meet the export market because currently supply cannot meet demand".
With the desire to bring Hai Duong products not only for domestic consumption, from the beginning, Hoang Giang Joint Stock Company in Cam Thuong Ward (Hai Duong City) determined to build products that meet OCOP standards with the long-term goal of reaching out to the world. The company's main products are green bean cakes. After officially conquering the Japanese market through official channels, the company continued to seek partners and expand the export market.
Mr. Dao Quang Chuyen, Chairman of the Board of Directors of Hoang Giang Joint Stock Company, said: “During this period, the company has identified key markets such as the US, UK, South Korea, Taiwan, Canada and the United Arab Emirates (UAE) for trade promotion. We often bring 30-50 boxes of products to the markets to see consumer feedback. This will create a stepping stone for the export process later.”
According to the Provincial Statistics Office, in the first 7 months of 2024, the value of Hai Duong's export goods is estimated at 5 billion 699 million USD, up 7.9% over the same period last year. The main export items are textiles, footwear, electronic components, electric wires and cables, cement, iron and steel. The main export markets are the United States, the European Union (EU), Japan...
Entering 2024, Hai Duong's major export markets such as the US, South Korea, and Japan are showing signs of recovery, with increased demand for goods after a difficult year. Of which, the US market accounts for the largest proportion, in the first 7 months of this year, Hai Duong's export turnover to this country reached 1 billion 762 million USD, up 10% over the same period last year. Next are the Korean markets with an export turnover of 579 million USD, the Japanese market 527 million USD, the growth rate of these two markets both reached approximately 8.1%. All three markets, the US, South Korea, and Japan, participate in free trade agreements.
Hai Duong's main export industry is still textiles and garments, reaching 1.23 billion USD; followed by machinery and equipment with 807 million USD; computers and electronic components with 762 million USD; and footwear with 426 million USD...
With the growth rate in recent times, along with the positive recovery of the world economy, Hai Duong strives to achieve the total export turnover target of 11 billion 800 million USD in 2024, an increase of more than 20% over the previous year.
NGUYET TRANG