Vietnam recorded a year-on-year rise of 9.7 percent in aquatic exports to 3.12 billion USD in the first five months of 2018, according to the Ministry of Agriculture and Rural Development (MARD).
Hanoi (VNA) – Vietnam recorded a year-on-year rise of9.7 percent in aquatic exports to 3.12 billion USD in the first five months of2018, according to the Ministry of Agriculture and Rural Development (MARD).
Fishery exports in May alone were estimated at671 million USD.
The US, Japan, China and the Republic of Koreawere the four biggest importers of Vietnamese aquatic products between Januaryand April, making up 52.7 percent of total fishery exports in the period.
Meanwhile, markets with strong growth in aquaticimports from Vietnam were the Netherlands (60.2 percent), China (28.8 percent),the UK (27.4 percent) and Germany (27 percent).
Also in May, the country imported about 165million USD worth of fishery products, raising the five-month aquatic importvalue to 698 million USD, up 33.5 percent from a year earlier.
The MARD added in the first five months, whiletotal export value of agro-forestry-fishery products reached 15.6 billion USD,about 12.29 billion USD was spent on importing these products, respectively up9.9 percent and 10.6 percent from the same period last year.-VNA
Along with ensuring quality and safety, Vietnamese firms should make their products’ price suitable and meet customers’ demands to sell in foreign distribution channels, said Naohisa Saeki, AEON Vietnam’s Deputy General Manager.
The export value of forest products from early this year until May 24 surpassed that of seafood products to become the leader in the agro, forests and seafood export group.
The total export value of agro-forestry-fishery products in the first five months of the year reached 15.6 billion USD, a year-on-year surge of 9.9 percent, according to the Ministry of Agriculture and Rural Development.
Vietnam’s Tan Long Group has won three contracts to sell 50,000 tonnes of Japonica rice to Korea Agro-Fisheries & Food Trade Corp of the Republic of Korea, 70 percent of the bidding volume.
Vietnam’s total import-export value was estimated at 182.8 billion USD in the first five months of this year, up 11.9 percent annually, said the General Department of Customs on May 30.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.