Conference discusses ways to boost exports for double-digit growth

The conference was attended by representatives from central ministries and agencies, localities, industry associations, export businesses, and media organizations.

In her opening remarks, Deputy Minister of Industry and Trade Phan Thi Thang said exports continue to be one of the main drivers of economic growth, contributing to production expansion, job creation, macroeconomic stability, and Vietnam’s stronger position in global supply chains.

Over the past years, despite increasingly complex global economic developments, rising trade protectionism, geopolitical conflicts, exchange rate fluctuations and logistics costs, along with stricter technical, environmental and sustainability standards in many markets, Vietnam’s exports have maintained positive growth momentum.

As of June 15, the nation’s total export turnover reached US$239.9 billion, up 21.1% year-on-year, while imports totaled US$256.72 billion, up 33.1%.

Import growth continued to outpace export growth, resulting in a trade deficit of around US$16.8 billion as of mid-June. Import growth mainly served production needs, with raw materials, mobile phones and components, machinery and equipment, and energy accounting for around 87.8% of total imports, helping ensure supply for production activities.

According to Phan Thi Thang, these results were made possible by the close direction of the Government, the Prime Minister and deputy prime ministers, as well as proactive efforts by ministries, sectors and localities to expand market access and remove difficulties for businesses, together with the adaptability, innovation and resilience of Vietnam’s business community.

In the first half of 2026, the Ministry of Industry and Trade actively organized seminars and discussions on export promotion strategies and solutions.

The ministry also closely monitored geopolitical developments and policy changes in import markets, providing timely recommendations to relevant agencies and the business community, while tracking both international market developments and domestic production to formulate appropriate solutions.

However, to achieve high economic growth in the coming period, particularly the double-digit growth target set by the Party and Government, stronger momentum from the production and export sectors will be needed, Phan Thi Thang emphasized.

This will require more decisive action and fresh thinking from state management agencies, local authorities, industry associations and the business community. The conference called on participants to focus discussions on three key priorities.

First, reviewing export performance across sectors, consumption trends, technical barriers and green standards, while identifying difficulties and challenges facing businesses in order to propose timely and appropriate response measures.

Second, improving the competitiveness and added value of export goods through technological innovation, digital transformation, deeper processing and brand-building, while supporting businesses in overcoming production, trade and import-export challenges.

Third, expanding and diversifying export markets, making effective use of new-generation FTAs, strengthening trade promotion, supporting businesses’ access to credit and logistics, and building a modern, green and sustainable export ecosystem.

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