Hanoi (VNA) – Total import-export revenue thisyear reached 400 billion USD in mid December, representing a fourfold increasein ten years.
At a ceremony marking the record figure held in Hanoi onDecember 19, Deputy Prime Minister Vuong Dinh Hue said the country firstachieved 100 billion USD in foreign trade value in 2007, the year it joined theWorld Trade Organisation.
The figure rose to 200 billion USD in 2011, and 300 billionUSD in 2015.
Hue noted that it took Vietnam just two years to push thenumber to 400 billion USD.
He attributed the outcome to concerted efforts of the entirenation and praised the customs sector for its hard work in administrativereform.
The Deputy PM stressed Vietnam’s rankings in the WTO’s tradeprofile have improved significantly. The country was ranked at 50th in export and 41st in import in 2007, respectively increasing to 26th and 25th in 2016.
Finance Minister Dinh Tien Dung said his ministry willcoordinate with relevant agencies and localities to remove barriers facing thebusiness community, with a goal toward 500 billion USD worth of import-exportrevenue in the next two years.
According to the General Department of Vietnam Customs,Vietnam’s import – export value was 385.77 billion USD in the first 11 monthsof 2017, soaring by 67.93 billion USD from 2016, the highest annual increase todate. During the period, the country posted the highest-ever trade surplus of3.17 billion USD.-VNA
Vietnam saw a trade deficit of 300 million USD in March, equivalent to 1.2 percent of the country’s total export- import turnover, according to the General Statistics Office (GSO).
The progress on and quality of negotiations for an EU-Vietnam free trade agreement (EVFTA) have been ensured, making the target for the conclusion of the talks feasible, Minister of Industry and Trade Vu Huy Hoang said following his working session with EU Commissioner for Trade Cecilia Malmstrom in Brussels on June 23.
The southwestern region grew 6.5 percent in the first half of 2016, with Gross Regional Domestic Product (GRDP) estimated at 250 trillion VND (11.25 billion USD).
Total import-export revenue of the Mekong Delta region reached 10 billion USD in the first six months of 2017, a year-on-year rise of 11.2 percent, with 6.75 billion USD of exports.
Vietnam’s total import-export revenue is expected to reach 37.9 billion USD in October, a rise of 0.8 percent from the previous month, reported the General Department of Vietnam Customs.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
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.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
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.
Illustrative image (Source: VNA) 
