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The manufacturing sector is rebounding strongly, showing resilience after last year’s difficulties. Purchasing Managers' Index (PMI) data reveals five consecutive months of expansion, with industrial production notably improving in textiles and footwear. This resurgence has led to double-digit export growth, driven by broader market access for Vietnamese agricultural products.
During a recent trade mission to Malaysia, representatives from various Vietnamese firms engaged in discussions focused on technology transfer, joint ventures, and product development tailored to meet Halal standards. The mission included meetings with key stakeholders in Malaysia's Halal sector, aiming to establish long-term collaborations that can leverage each country’s strengths.