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Vietnam, US reach agreement on landmark trade deal framework

Vietnam’s Party chief To Lam and U.S. President Donald Trump on Wednesday stated that they welcome the agreement reached by the two countries’ negotiating teams on the Joint Vietnam-United States Statement on a Fair, Balanced, and Reciprocal Trade Agreement Framework. Lam and Trump held a telephone conversation at 8 p.m (Vietnam time) on the same […]

Vietnam posts $7.6B trade surplus in H1

Vietnam’s total import-export turnover reached $432.03 billion in the first half of 2025, marking a 16.1% increase compared to the same period last year. The country’s export earnings grew by 14.4%, while its import turnover rose by 17.9%, resulting in a trade surplus of US$7.63 billion, the National Statistics Office (NSO) under the Ministry of […]

Vietnam’s CPI in six months up 3.27%

The increase mainly driven by price hike of food, electricity and healthcare services. Vietnam’s consumer price index (CPI) rose by 3.27% in the first half of 2025 as compared with the same period last year, according to the National Statistics Office. The CPI growth was mainly driven by price increases of food and food stuff, […]

Q2 GDP growth highest in 3 years

 Vietnam’s GDP growth in the second quarter was estimated at 7.96%, highest in three years. In the 2020-2025 period, the growth rate was second only to the 8.56% recorded in the second quarter of 2022, according to the General Statistics Office. For the first six months of the year, GDP grew by 7.52%, marking the […]

Ho Chi Minh City attracts $1.78 bln in FDI, showing strong economic growth in 2025.

Ho Chi Minh City attracted nearly $1.78 billion worth of registered FDI in the first five months of 2025, marking a significant increase of 87.5% compared to the same period last year, according to the municipal People’s Committee. Reporting about the southern metropolis’s socio-economic situation in the five-month period at a meeting held on June […]

Vietnam Captures 97% of China’s Mango Import Market in Q1 2025

Vietnam accounted for 97% of China’s mango imports in the first quarter, far exceeding competitors such as Thailand and Australia. China’s US$29 million mango imports jumped 21 times year-on-year, according to China customs. Among six countries it imported from, Vietnam was the only one with growth. The remaining markets were Cambodia, Peru, Australia, Thailand and […]

Agro-forestry-fishery export revenue hits $21.15 bln in 4M

US, China and Japan remaining the three largest export markets for Vietnamese agro-forestry-fishery products. Vietnam’s export value of agriculture, forestry, and fishery products reached $21.15 billion in the first four months of 2025, an increase of 10.7% compared to the same period last year, according to the Ministry of Agriculture and Environment. Of the total, […]

Coffee export revenue tops $3.8 bln in 4M

The average export price hitting $5,700 per ton. Vietnam exported nearly 660,000 tons of coffee in the first four months of 2025, earning an estimated $3.8 billion, figures from the Vietnam Customs show. While export volume dropped 9.4%, the value rose 51.8% compared to the same period last year. The average coffee export prices in […]

Lychee output to rise 30% this year

Vietnam is set to produce an estimated 303,000 tonnes of lychee this year, a 30% increase compared to 2024, according to the Plant Production and Protection Department under the Ministry of Agriculture and Environment. Favourable weather conditions and proper disease control are attributed to the increased production. Of the total output, about 165,000 tonnes is […]

Auto sales in April increase 21% year-on-year

The Vietnam Automobile Manufacturers’ Association (VAMA) said on May 13 that its members reported sales of 29,585 units in April, down 7% month-on-month but up 21% year-on-year. Specifically, they reported the sales of 20,766 units of passenger vehicles, dropping 7% from March; 8,619 units of commercial vehicles, down 7%, and 200 others of special-purpose vehicles, […]

Russian heavyweights seek opportunities in Vietnam’s energy, high-tech fields

Prominent Russian companies Zarubezhneft, AFK Sistema, and Cyberus are seeking investment opportunities in energy and high technology in Vietnam. They disclosed the information at their separate meetings on Sunday with Vietnam’s Party chief To Lam, who was making an official visit to Russia. Kudryashov Sergei Ivanovich, general director of oil and gas giant Zarubezhneft, said […]

Vietnamese pangasius gains wider access to Brazilian market

In the first three months of 2025, Brazil maintains its position as Vietnam’s third-largest pangasius importer, following China and the United States. The Vietnam Association of Seafood Exporters and Producers (VASEP) stated that Brazil’s decision to lift the import ban on tilapia, along with negotiations to open its market to Vietnamese pangasius fish, has brought […]