VOV.VN - Beyond expectations, trade between Vietnam and the Philippines surpassed US$8 billion for the first time last year, hitting over US$8.66 billion, a year-on-year increase of 11%, according to the Ministry of Industry and Trade.

VOV.VN - Vietnam and the Philippines vowed to increase economic, investment and trade cooperation, aiming to raise two-way trade turnover to US$10 billion in 2025 from US$7.8 billion recorded in 2023.

VOV.VN - Vietnam and the Philippines established diplomatic ties in 1976 and lifted their relationship to a strategic partnership in 2015. Since then, bilateral ties have continuously developed across all spheres.