(Dec 27): From mobile phones to furniture, Vietnam’s export boom shows no signs of losing steam, defying a gloomy outlook at the beginning of the year when US President Donald Trump persisted with his trade threats.

Furniture maker Xuan Hoa Viet Nam Co. is planning for a 20% increase in export orders next year by investing US$3 million ($4.03 million) on equipment to expand production, General Director Le Duy Anh said in an interview. The company, based near Hanoi, makes office tables and cabinets for clients including Ikea.

“I’m quite optimistic about our sales next year,” Anh said. “We have new customers in Europe while our regular clients also sent more orders than last year.”

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