Tag: Q2 2024 financial loss

Vietnam's seafood industry achieved a historic milestone in 2025, surpassing $11 billion in export revenue. However, as we enter 2026, sustaining this growth has become increasingly challenging due to mounting pressures from tariffs, technical barriers, and raw material supply constraints.

According to the Ho Chi Minh City Business Association, the textile and garment industry continues to grapple with the adverse effects of declining demand and rising production costs. As a result, numerous companies have been forced to scale back operations, with some even facing bankruptcy as the Lunar New Year approaches.

According to the Statistics Bureau, in December 2025, nearly 17,200 new businesses were established nationwide, with a registered capital of 166 trillion VND and 100,600 registered employees. This represents a 14% increase in the number of businesses, a 3% rise in registered capital, and a nearly 21% growth in the workforce compared to November.