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Vietnam emerges as key hub for int’l textile manufacturers

Vietnam’s textile sector, comprising around 7,000 companies and over 3 million workers, dedicates 80% of its production capacity to exports and 20% to domestic consumption. The industry’s growth is supported by a well-developed logistics network, a skilled workforce, and a stable political environment.   HCM City (VNA) – Vietnam’s strategic location, commitment to sustainability, and innovation […]

Vietnam becomes Singapore’s 9 largest trading partner

In January 2025, the two-way trade turnover between Vietnam and Singapore reached more than 3.39 billion SGD, an increase of 16.83%. Of which, exports from Vietnam to Singapore reached 794 million SGD, an increase of 16.97% and imports from Singapore to Vietnam were about 2.6 billion SGD, an increase of 16.79%… According to statistics from […]

Vietnam to promote sustainable trade exchanges with EU

More measures will be actively deployed in response to the EU’s  “green growth policy” In his official dispatch  No. 17/CD-TTg, dated February 20, Prime Minister Pham Minh Chinh  requested several ministries to actively deploy measures to promote circular economy, sustainable production and consumption, and sustainable trade in line with EU’s “green growth policy,” according to […]

PM directs measures to boost economic growth, ensure GDP expansion of at least 8%

Under his Directive No. 05/CT-TTg, dated March 1, Prime Minister Pham Minh Chinh outlining key tasks and breakthrough solutions to drive economic growth   Prime Minister Pham Minh Chinh signed Directive No. 05/CT-TTg on March 1 to direct measures to boost economic growth, ensure GDP expansion of at least 8%. The Vietnam News Agency quoted […]

Japan pneumatics firm SMC to start $330 mln Vietnam expansion from July

SMC Manufacturing Vietnam, under Japanese pneumatic instrument producer SMC, aims to start its $330 million expansion in Vietnam from July. The firm received an investment registration certificate for the move in Dong Nai province earlier this month, increasing its total investment to $999.4 million. SMC Manufacturing Vietnam started investing in Dong Nai, an industrial hub in […]

Việt Nam vươn lên vị trí là đối tác thương mại lớn thứ 9 của Singapore

Tháng 1/2025 kim ngạch thương mại hai chiều Việt Nam – Singapore đạt hơn 3,39 tỷ SGD, tăng 16,83%. Trong đó xuất khẩu từ Việt Nam sang Singapore đạt 794 triệu SGD, tăng 16,97% và nhập khẩu từ Singapore vào Việt Nam khoảng 2,6 tỷ SGD, tăng 16,79%… Thương vụ Việt Nam tại Singapore cho […]

Trade surplus of over 154 billion USD to Europe and America

Data presented at the “Conference to review the development of the European – American market in 2024 and deploy tasks for 2025” showed that in 2024, the import-export turnover between Vietnam and the European – American market witnessed a strong recovery and growth compared to 2023. Total import-export turnover in 2024 is estimated at about […]

In 2024, Vietnam-Russia bilateral trade reached 4.59 billion USD

According to the General Department of Vietnam Customs, in 2024, bilateral trade turnover between Vietnam and the Russian Federation reached 4.59 billion USD, an increase of 26.4% compared to 2023. Of which, exports reached 2.34 billion USD, an increase of 34.5%; imports reached 2.25 billion USD, an increase of 19%. The trade surplus with the […]

China is still the largest consumer market for cassava and cassava products from Vietnam

According to statistics from the General Department of Customs, in 2024, cassava and cassava products will be exported to 2.62 million tons, worth 1.15 billion USD, down 11.1% in volume and 11.4% in value compared to 2023. The Import-Export Department, Ministry of Industry and Trade, stated that in 2024, although cassava and cassava products exports […]

Overcoming many challenges, leather and footwear exports reached over 27 billion USD

The Vietnam Leather, Footwear and Handbag Association said that despite facing many difficulties, the export of the leather, footwear and handbag industry in 2024 is still estimated to reach 27.04 billion USD, an increase of 11.45% compared to 2023; of which, footwear exports reached 23.24 billion USD, an increase of 13.16% and suitcases-bags-briefcases reached 3.8 […]

Import and export between Vietnam and CPTPP market exceeds 102 billion USD

Synthesizing information on the cooperation and trade situation between Vietnam and CPTPP member markets by the Center for Industry and Trade Information (Ministry of Industry and Trade) shows that in 2024, two-way trade turnover between Vietnam and the CPTPP market is estimated to reach 102.1 billion USD, up 6.8% compared to 2023, accounting for 13.1% […]

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

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, […]