In 2025, global markets are expected to remain volatile, with trade tensions and protectionism posing risks. Amid these challenges, strengthening the domestic market is crucial for sustaining economic growth and stabilising production alongside expanding exports.
Vietnam exported 65.2 billion USD worth of products in January-February, a 10% increase compared to the same period last year. Meanwhile, imports totaled nearly 63 billion USD, rising 16%, resulting in a trade surplus of 235 million USD.
Many business representatives report that Vietnam’s enterprises have vast market opportunities thanks to newly signed free trade agreements (FTAs). Companies must seize this chance to boost exports.
Vietnam's export structure in 2024 has shown a positive shift, with a reduction in raw exports and increased participation of Vietnamese products in global supply.
Vietnam’s exports are expected to thrive in the remaining months of the year thanks to local businesses' concerted efforts and robust results during the January – September period, according to insiders.
Insiders said export opportunities are abundant in the remaining months of this year, due to rising market demand, free trade agreements, and government efforts to overcome obstacles and boost production.
The US remains the largest importer of Vietnamese goods during the first seven months of 2023 with an estimated turnover of 52.4 billion USD. It was followed by China with a projected figure of 58.6 billion USD.
A consulting session on measures to further promote Vietnam's export to the Republic of Korea (RoK) was held in the northern province of Hung Yen on March 29.
Vietnam’s export-import value reached 38.3 billion USD in January – up 39.9 percent compared to a year earlier but down 3.1 percent compared to December 2017.
Participants at a workshop held in Sydney on September 21 advised Vietnamese companies to study the local market and export regulations to successfully penetrate the Australian market.
