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Vietnam Economic News – Oct 2024 – MPL Newsletter

Published on 30.11.24

_Eng_MPL Newsletter 102024

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In 11 months, Vietnam had a trade surplus of 3.474 billion USD to the Philippine market
05/02/2025

According to statistics from the Import-Export Department, Ministry of Industry and Trade, the total import-export turnover between Vietnam and the Philippines by the end of November 2024 has officially exceeded 8 billion USD (8.042 billion USD). Specifically, Vietnam’s export turnover to the Philippine market in the first 11 months of 2024 reached 5.758 billion USD, […]

Dong Thap exports nearly 1.4 million tons of rice
04/02/2025

At the conference summarizing the Industry and Trade sector of Dong Thap province in 2024, the Department of Industry and Trade of Dong Thap province said that in 2024, the province’s export turnover in 2024 is estimated to reach 2 billion USD, an increase of more than 53% compared to 2023, reaching more than 142% […]

Fruit and vegetable exports in 2024 set a record of 7.12 billion USD
03/02/2025

Mr. Phung Duc Tien, Deputy Minister of Agriculture and Rural Development, said that the estimated export turnover of fruits and vegetables in 2024 will reach 7.12 billion USD, an increase of 27.1% compared to 2023. This is the first year that the fruit and vegetable industry has reached and surpassed the threshold of 7 billion […]

Vietnam e-commerce market 3rd largest in Southeast Asia
23/01/2025

Vietnam’s e-commerce market is estimated at US$22 billion, the third largest in Southeast Asia behind only Indonesia ($65 billion) and Thailand ($26 billion). The market has grown by 18% from last year, the third fastest rate behind the Philippines (23%) and Thailand (19%), according to the annual “e-Conomy SEA 2024” report by Google, Temasek and […]