Hanoi (VNA) –🔴 Export-importturnover hit 668.5 billion USD in 2021, up 123 billion USD compared tothe previous year and posting the highest growth ever.
The informationwas revealed by the General Department of Vietnam Customs during a recent conference to review the sector's performance this year and deploy tasks in 2022. State budgetcollection from imports and exports posted a year-on-year expansion of 19.2 percent, heardthe event. Although variouslocalities applied social distancing measures to curb the spread of COVID-19, export-importturnover of goods handled by customs offices of 19 southern provinces and citiesexpanded 16 percent against the previous year. Ho Chi Minh City'scustoms office in particular handled more than 117 billion USD worth of goods,and Binh Duong office tackled over 47 billion USD. Tax collectionfrom exports-imports enjoyed a 19.2 percent growth to top 370 trillion VND (16.21 billion USD). Theincrease was driven by the surge in tax collection of some commodities like petrol,crude oil and iron ore.
Of note,the number of imported automobile grew 1.6-fold against that of the previousyear, bringing in over 14 trillion VND in tax.
⛎ In thecoming year, the customs sector sets a target of collecting 352 trillion VND intax, said Deputy Minister of Finance Vu Thi Mai./.
Vietnam witnessed the growth of exports and imports in the first four months of 2021 hitting 10-year record high with exports totalled nearly 104 billion USD, an increase of over 28 percent against the same period last year.
Minister of Industry and Trade Nguyen Hong Dien and Chinese Ambassador to Vietnam Xiong Bo agreed to facilitate bilateral export-import activities during their meeting in Hanoi on May 25.
Vietnam's total import-export revenue was estimated at more than 316.7 billion USD in the first six months of 2021, according to the General Statistics Office.
Vietnam’s export-import could reach 640-645 billion USD, with a slight trade surplus this year, according to deputy head of the Ministry of Industry and Trade’s Export and Import Department Tran Thanh Hai.
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PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
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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.
At a customs office (Photo: tuoitre.vn) 
