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.

The Vietnamese rice sector is likely to face a host of challenges in export in 2025 after a successful year in 2024, according to experts.

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.

Vietnam’s export durian industry faces difficulties in entering the Chinese market due to new inspection regulations for durian exports.

Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.

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.

Vietnam’s rice exports to Singapore recorded significant growth in 2024, cementing Vietnam’s position as the third-largest rice supplier of the city state, according to the Vietnam Trade Office in Singapore.

Vietnamese exporters have proactively diversified their markets from the start of the year to mitigate risks as they may soon face significant tax hikes globally, said industry insiders and experts.

VOV.VN - Vietnam's exports will face a new cycle of fluctuations in 2025, with numerous uncertainties arising in the global market, especially due to new policies from the United States, according to economic experts.

VOV.VN - Vietnamese fruit and vegetable exports last year soared by over 27% year on year to reach US$7.14 billion, with exports to ASEAN surging 40%, according to the General Department of Vietnam Customs.