Vietnam’s industries and businesses are advised to better the diversification of markets in 2025, given that unpredictable fluctuations and escalating trade tensions may pose negative impacts on the country’s export activities.
State budget revenue from import-export activities in January decreased 11.7% year-on-year to over VND27.66 trillion (over US$1 billion), the General Department of Vietnam Customs reported on February 7.
VOV.VN - The export of fresh agricultural products and fruits, including durian, to China has resumed via Lang Son border gate after China introduced new regulations requiring an additional Basic Yellow 2 (BY2) certification.
Import-export activities at Lao Bao and La Lay international border gates in the central province of Quang Tri have experienced a sharp rise in the early days of the Lunar New Year, indicating a positive economic outlook for 2025.
VOV.VN - After a three-day break for the Lunar New Year 2025, 752 tonnes of pre-registered goods, including seafood and fruits, were successfully exported through Bac Luan II Border Gate to the Chinese market.
Total outstanding loans of credit institutions in Ho Chi Minh City as of the end of last year were worth over VND3.9 quadrillion (US$153.3 billion), a 11.3% increase for the year, according to the central bank.
VOV.VN - Since the first days of the new year 2025, Vietnamese businesses have quickly entered into a busy phase of production and exporting, as key industries such as textiles, footwear, electronics, and farm produce processing are ramping up to meet international market demands.
The Ministry of Industry and Trade (MoIT) has set a target of 6% export growth in 2025 as global inflation has cooled down and international market demand recovers.
State budget collection from import and export activities surged 14.5% year-on-year to nearly VND346.3 trillion (US$13.7 million) in the first 10 months of 2024, reaching 92.3% of the annual target, the General Department of Vietnam Customs reported on November 7.
Revenue from import-export activities hit US$578 billion in the first nine months of 2024, a rise of over 16% year on year, according to the General Statistics Office (GSO).