The US is now a comprehensive strategic partner and one of Vietnam's largest export markets. Meanwhile, Vietnam ranks as the US's eighth-largest trading partner, and American consumers favour Vietnamese products for their their quality and affordability.
Vietnam recorded a trade surplus of 26 billion USD in 2023, nearly tripling the figure last year and the highest on record, Deputy Minister of Industry and Trade Phan Thi Thang said at a teleconference held in Hanoi on December 20.
Thailand's exports are expected to rise 12 percent this year thanks to the global economic recovery and a return of economic activities after a widened coverage of vaccinations among major trading partners, according to the Thai National Shippers' Council (TNSC).
The Ministry of Trade, Industry and Energy of the Republic of Korea (RoK) on February 3 said the country and Cambodia have clinched a free trade agreement (FTA) after seven months of negotiations.
Export turnover of the Mekong Delta province of Ben Tre reached nearly 591 million USD in the first half of 2019, up 13.85 percent from the same period last year and equivalent to 50.94 percent of the yearly plan.
Identifying HCM City’s typical export products should not be based simply on their export volume or value or subjective decisions, but on careful analysis, experts have said.
Mobile phones and spare parts have become one of Vietnam’s key exports to China with turnover of 1.35 billion USD as of end of August, up 137 percent year-on-year, according to the General Department of Vietnam Customs.
Vietnamese cultural products were showcased at the Asia-Pacific American Heritage Month Celebration held at Stony Brook University, Sufolk county in New York City on May 13.