Vietnam eyes expanded exports to Halal markets via Malaysia gateway
Vietnam – Malaysia trade reached 14.2 billion USD in 2024. In the first half of 2025, bilateral trade increased 6% year-on-year to 7.7 billion USD.
Zaimah Osman, Malaysia’s Trade Consul in Ho Chi Minh City, discusses cooperation opportunities between Vietnamese and Malaysian businesses in the Halal food sector. (Photo: baochinhphu.vn)
HCM City (VNA) - Vietnam is seeking to boost exports to Halal markets through Malaysia, which is viewed as a straꦇtegic gateway to the global market, heard a business fo🗹rum in Ho Chi Minh City on August 7.
Vietnam – Malaysia trade reached 14.2 billion USD in 2024. In the first half of 2025, bilateral trade increased 6% year-on-year to 7.7 billion USD. Officials see significant room for growth, as Malaysia’s consumer culture is close to Vietnam’s and tariff barriers are low under ASEAN and CPTPP agreements.
The global Halal market is projected to hit 5 trillion USD by 2030, with Malaysia’s share expected at 113.2 billion USD, spanning food and beverages; cosmetics, and pharmaceuticals with 85.2 billion USD, 10.5 billion USD and 5.9 billion USD, respectively.
Malaysia’s trade promotion agency MATRADE highlighted its pro-business environment and invited Vietnamese firms to tap into its network of over 200 trading partners. Vietnam’s Halal industry is backed by a government strategy to 2030, aiming to make the country a trusted global Halal hub.
Experts urged Vietnam to pursue mutual recognition agreements with major Halal certifiers, develop dedicated Halal industrial zones and logistics hubs, digitise certification with blockchain, and create a national “Vietnam Halal Certified” brand. Human resource training and stronger university–industry links were also emphasised.
Maybank Malaysia's Halal Product Director Shariza Abdul Rasheed noted that Vietnam’s Halal Certification Agency has been officially recognised by the Department of Islamic Development Malaysia (JAKIM), enabling easier access to Malaysia’s distribution system. She stressed that Halal certification signals global hygiene, ethics, and sustainability standards, not just religious compliance.
Businesses were encouraged to join key Halal trade events, including the Malaysia International Halal Showcase (MIHAS) from September 17–20, 2025, where the Ho Chi Minh City Investment and Trade Promotion Centre will organise a pavilion.
E-commerce platforms such as Malaysia’s Salaam Market and business matchmaking programmes were also recommended to connect Vietnamese producers with local partners, with the aim of raising Vietnam – Malaysia trade to 25 billion USD by 2030./.
The draft decree states that Vietnamese halal certification organisations will be supported in improving their capacity, achieving international recognition and having their certification results accepted by different countries and territories, especially in target export markets.
If Vietnamese businesses can meet Halal requirements, they won’t just reach Muslim consumers, she said, adding that they’ll also tap into the high-end segment in global markets increasingly focused on quality and product safety.
Vietnamese seafood processing and export enterprises are in the process of completing procedures and adopting necessary technologies to bring their products into the Halal market.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
Vietnam is now positioning itself as a global manufacturing hub with a diversified export portfolio, improved product quality, and enhanced price competitiveness.