VOV.VN - Vietnam secured the largest export growth rate to Singapore over the past 11 months of the year compared to other markets that imported its products.

Vietnam's aquatic exports reached US$10 billion in 2024, driven by shrimp and pangasius, despite challenges related to markets, logistics, and raw materials, the Vietnam Association of Seafood Exporters and Producers (VASEP) said on December 23.

VOV.VN - Vietnam grossed US$1.26 billion from exporting nearly 242,000 tonnes of pepper by mid-December this year, according to the General Department of Vietnam Customs.

While Vietnam's exports to the US have bolstered GDP growth this year, domestic factors, including the Government’s increasing spending on infrastructure, real estate market recovery, and consumption, will help the country maintain its economic expansion at around 6.5% in 2025.

Vietnam’s agro-forestry-aquatic product exports are projected to surpass US$62 billion this year, with a record trade surplus of US$18.6 billion, marking a new milestone for the sector.

Vietnam’s efforts in expanding export markets for its fruit and vegetables in 2024 has paid off as for the first time, the export of these products has brought home US$7.2 billion, much higher than the figure of US$3.3 billion two years ago.

The economic and trade mechanisms between Vietnam and the US have shown efficiency throughout 2024, according to Do Ngoc Hung, trade counsellor and head of the Vietnam Trade Office in the American country.

Vietnam’s export products face a significant increase in the number of trade defence investigation cases this year on rising protectionism worldwide, according to the Ministry of Industry and Trade (MOIT).

VOV.VN - The European Union has decided to increase pesticide residue checks at border gates for Vietnamese durian exported to the bloc to 20%, up 10% from the previous rate.

Vietnamese export businesses need to prepare for the United Kingdom (UK)’s carbon border adjustment mechanism (CBAM), which will take effect from 2027.