Workshop seeks consultation on priorities in national export strategy
The Ministry of Industry and Trade, in collaboration with the International Trade Centre (ITC), held a virtual workshop to seek consultation on priority sectors and areas in developing the national export strategy on March 16.
Hanoi (VNA) – The Ministry of Industry and Trade, in collaboration with the International Trade Centre (ITC), held a virtual workshopto seek consultation on priority sectors and areas in developing the nationalexport strategy on March 16.
The event was part of the Trade Policy and Export PromotionProgramme in Vietnam funded by the SwissTrade.
An expert from the ITC delivered a report on Vietnam’sexport situation and its untapped potentials and put forward recommendations onfive priority sectors, namely food, textile-garment, electronics, furniture, andenvironmental goods.
Other areas, including digital transformation, tradefacilitation, sustainable development, and quality certification and standards,are suggested to be prioritised in the next phase of the strategy.
In the first stage of the strategy development, the ITC hasconsulted the MoIT, several other ministries and the private sector to producein-depth assessment on Vietnam’s competitiveness in trade, said Dr. AlbertoArmugo Pacheco, a member of the national export strategy development team.
The ITC has been focusing on formulating separate strategiesfor each selected priority sector and area, he said, adding that the threelargest hard-currency earners – electronics, textile-garment, and footwear –account for up to 60 percent of untapped potential, so they can be viewed aspriorities.
The consultation workshop is held by the Ministry of Industry and Trade, in collaboration with the International Trade Centre (ITC). (Photo: VNA)
Machinery is close behind these three, he added,noting that they create many jobs but some of which are at risk of beingreplaced with automation.
Other experts held that agricultural processing andfurniture, though having relatively low export potential index now, hold otheradvantages and that is why it is important to heighten their position in the market in thefuture.
Nguyen Cam Trang, Deputy Director of the MoIT’s Agency forForeign Trade, said the consultation workshop provides a basis for the ITC to makebetter reviews and recommendations for its report.
The SwissTrade is represented by the Swiss Secretariat ofEconomic Affairs (SECO) from 2021 to 2024. Its overall objective is to improve trade performance and international competitiveness of SMEs through enhancedfavourable framework condition for trade, public-private dialogue mechanisms,and a strengthened eco-system for dynamic export promotion./.
Vietnam’s exports of wood and wooden products are expected to rake in 18.5 billion USD in 2025 and 20.4 billion USD in 2030, per a project freshly approved by Deputy Prime Minister Le Van Thanh on March 10.
An Italian lawyer has recommended Vietnamese exporters who lost track of 36 sets of original documents in a suspected scam involving 100 cashew nut containers from Vietnam team up with one another and take swift actions to prevent losses.
Minister of Industry and Trade Nguyen Hong Dien responded to the National Assembly (NA) Standing Committee’s questions on the settlement of congestion of agricultural products at northern border gates at an question-and-answer session on March 16.
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 photo. (Source:VNA)
The consultation workshop is held by the Ministry of Industry and Trade, in collaboration with the International Trade Centre (ITC). (Photo: VNA) 
