Trade

Prime Minister Pham Minh Chinh encouraged Brazilian enterprises to enhance cooperation and support negotiations for FTAs between Vietnam and Brazil.

VGP - Viet Nam’s total export and import turnover in the first half of this year reached US$432.03 billion, a year-on-year increase of 16.1 percent.

Since the beginning of the year, Vietnam’s raw coconut price has increased sharply, leading many processing businesses to increase coconut imports, with Indonesia being the major source.

Vietnam’s strategic focus on premium rice segments has shielded its rice exports from the impacts of a global surge in rice supply.

VGP - Viet Nam has emerged as the eighth largest export market of Singapore, according to the Vietnamese Ministry of Industry and Trade.

Within the framework of her working visit to Shandong Province, Deputy Minister of Industry and Trade Phan Thi Thang worked with the Management Board of the Shandong Pilot Free Trade Zone as well as representatives of Liqun Group, a major retail and distribution enterprise.

VGP - Prime Minister Pham Minh Chinh has issued a Directive No. 18/CT-TTg on the implementation of tasks and solutions for domestic and international trade promotion to boost commercial activities in 2025.

VGP - Viet Nam’s trade value with other ASEAN Member States reached US$38 billion over the last five months of the year, a year-on-year increase of 10.4 percent, statistics of the Department of Viet Nam Customs showed.

In the first five months of 2025, Vietnam exported nearly 277,000 tons of cashew nuts—down 5.3% in volume compared to the same period last year. However, export value surged by 19.4%, driven by a significant increase in average selling prices.

From June 9 to 12, the third round of negotiations for the bilateral Reciprocal Trade Agreement between Vietnam and the United States was held in Washington D.C., as scheduled and agreed upon by both parties.

According to authorities in Bac Giang Province, more than 100 tonnes of early-ripening lychees from Tan Yen District landed safely at Charles de Gaulle Airport in Paris, France, on June 14. The fruit was transported via low-cost cargo flights, marking a significant milestone in the growing presence of Vietnamese agricultural products in the European market.

On June 11, 2025, within the framework of his working visit to the United States, Minister of Industry and Trade Nguyen Hong Dien held separate meetings with executives from Nike and Walmart—two of the largest U.S. corporations currently operating major investment and business activities in Viet Nam.

Minister of Industry and Trade Nguyen Hong Dien recently held meetings with the US-ASEAN Business Council (USABC), the American Apparel and Footwear Association (AAFA), and leading corporations to strengthen bilateral trade relations.

The Vietnam Trade Office in Singapore has recently engaged with a delegation from the Singapore Food Agency (SFA) to enhance bilateral cooperation in the food and agricultural sector, with a particular focus on promoting Vietnamese rice.

VGP – Vietnamese businesses have signed 20 deals to import agricultural products from the U.S., with a total estimated value of up to US$3 billion.

The 2025 Online Export Conference is an occasion to honor outstanding enterprises and promote digital solutions that accelerate the global reach of Vietnamese products via the Alibaba B2B platform.

The first-ever shipment of Vietnamese frozen durian has officially entered the Chinese market through the Bac Luan II border gate, marking a significant milestone in unlocking the billion-dollar potential of this fruit.

Vietnam’s pork exports reached nearly USD 40 million in the first four months of 2025, marking a robust increase in value. Businesses are now shifting focus toward deep processing to enhance competitiveness.

Rubber prices have surged sharply, driving up import costs and prompting Vietnam to step up rubber imports from South Korea and China to satisfy growing domestic demand for processing and manufacturing.

Recently, Minister Nguyen Hong Dien held virtual talks with Azerbaijani Minister of Energy to advance bilateral cooperation in trade, industry, and energy.

E-commerce in highland regions is undergoing a transformation but continues to face significant barriers in infrastructure and digital skills. However, an upcoming series of events in Lai Chau province is expected to serve as a catalyst for breakthrough development.

VGP - The Mekong Delta region’s total exports and imports hit US$14.4 billion in the first four months of this year, a year-on-year increase of 13.9 percent.

As Cambodia enters the lucrative Chinese durian market and other regional players like Indonesia and Laos eye opportunities, Vietnam is in a race against time to meet stringent export standards and safeguard its market share.

As the tangerine season draws to a close on Republic of Korea's Jeju Island, 21 trade ministers from APEC economies have gathered, carrying with them the weight of anxiety—and the hope—that the global trade system can still be healed.

In the first four months of 2025, Vietnam exported 513,100 tonnes of cassava, generating a turnover of USD 97.78 million. This represents an 86.6% increase in volume and a 38.7% rise in value compared to the same period in 2024.

At the first discussion meeting of APEC Minister Responsible for Trade (MRT), representatives from many countries expressed their views on the application and future of artificial intelligence (AI).

Economic growth in the APEC region is forecast to moderate to 2.6 and 2.7 percent in 2025 and 2026, a sharp drop from the 3.6 percent growth recorded in 2024.

In recent years, trade in agricultural products between Vietnam and the United Kingdom has witnessed consistent, positive growth. The UK is now emerging as a high-potential market for Vietnamese businesses seeking to expand their global footprint.

According to Hoang Phuoc Binh, former Standing Vice Chairman of the Chu Se Pepper Association, Vietnam's pepper prices will continue to surge in the long term due to short supply in the global market.