The conflicts have caused serious disruptions to Israel’s external supply chains, leading to greater demand for a wide range of imported goods. As a result, Israeli enterprises are intensifying efforts to diversify sources of supply, including from Vietnam, to meet domestic consumption needs.
Workers produce textile and garment for export. (Illustrative photo: VNA)
Tel Aviv (VNA) – Despi🐻te ongoing conflicts in the Middle East, trade between Vietnam and Israel continued to grow strongly in the first half of 2025, with Israeli firms actively seeking alternativ🍸e suppliers, including from Vietnam.
Le Thai Hoa, Trade Counsellor at the Vietnamese Embassy in Israel, said on July 7 that bilateral trade reached 1.565 billion USD in the first five months of this year, marking a 44.64% surge compared to the same period in 2024. Vietnam’s exports to Israel were valued at 354 million USD, maintaining the same level as the previous year.
Preliminary data shows that bilateral trade hit 1.825 billion USD in the first six months of 2025, up 31.2% year-on-year. Exports from Vietnam rose to 425 million USD during the period.
If current momentum continues and no significant market disruptions occur, trade between the two countries is projected to approximate 3.7 billion USD for the full year – an increase of 13.95% over 2024. Vietnam’s exports are expected to approach 900 million USD, up 13.21%.
Hoa described these trade figures, given Israel's population of nearly 10 million and latent risks of instability, as relatively impressive.
He explained that the conflicts have caused serious disruptions to Israel’s external supply chains, leading to greater demand for a wide range of imported goods. As a result, Israeli enterprises are intensifying efforts to diversify sources of supply, including from Vietnam, to meet domestic consumption needs./.
Mayor of Israel's Abu Snan city Mesheleb proposed establishing a twin relationship with a Vietnamese locality to encourage exchanges and joint projects in economy, education, and culture.
Vitad and Ginosar will establish a dedicated laboratory in Vietnam by the end of this year. Ginosar will leverage its infrastructure, genetic resources, and core technology to transfer lab capabilities to Vitad. This move will enable the company to develop superior crop varieties for large-scale cultivation, building extensive raw material zones to expand exports and create substantial economic value for Vietnamese farmers and businesses.
Tran Luu Quang, Chairman of the Party Central Committee’s Commission for Policies and Strategies, praised AES’s investment performance in Vietnam in recent years and welcomed its long-term commitment, particularly in the field of green and clean energy that supports the country's development and energy transition.
Over the past three decades, Vietnam Airlines has operated 1.2 million round-trip flights, covering 3.04 billion kilometres, and serving 350 million passengers with an average annual growth of 19%.
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Vietnam is playing a growing role in the US’s global supply chains while American businesses have contributed significantly to Vietnam’s economic transformation and development, according to Minister of Industry and Trade Nguyen Hong Dien.
Deputy Minister of Finance Nguyen Duc Chi said the upgrade would open doors for global funds eyeing exposure to one of Asia’s fastest-growing economies.
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On a global scale, verification and traceability are among the top criteria that businesses must maintain to ensure credibility, enhance competitiveness and meet stringent international trade standards.
Scandals involving counterfeit goods, unsafe food and substandard pharmaceuticals not only cause economic losses but also erode public trust. On a global scale, verification and traceability are among the top criteria that businesses must maintain to ensure credibility, enhance competitiveness and meet stringent international trade standards.
Economists, both domestic and foreign, have noted Vietnam’s ability to maintain strong momentum, with ambitions to hit 8% growth in 2025 and 10% or more annually from 2026 to 2030.
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The dialogue offered Japanese businesses an opportunity to gain the most updated insights into Vietnam’s socio-economic landscape as well as its new policies, and to exchange views on potential future collaboration in various sectors.
The SBV has proactively assigned credit growth limits to credit institutions this year, and set an annual credit growth of 16% for 2025, with room for flexible adjustments depending on market conditions.
By June 2025, Vietnam's total credit had reached over 17.2 quadrillion VND (658.43 billion USD), up 9.9% from end-2024 and 19.32% year-on-year—the highest growth rate since 2023—signalling strong recovery in manufacturing, agriculture, and supporting sectors.
