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.

VOV.VN - Poland considers Vietnam to be its most important partner in Southeast Asia, and it wants to develop cooperative relations with Vietnam in all areas, President Andrzej Duda told visiting Vietnamese Prime Minister Pham Minh Chinh during a meeting in Warsaw on January 16.

VOV.VN - Vietnam imported 173,561 cars totaling US$3.62 billion in 2024, up 45.8% in volume and 27.6% in value year on year, according to the General Department of Vietnam Customs.

VOV.VN - Textile and wood product exporters in Ho Chi Minh City are actively preparing for the potential increase in US import tariffs, particularly on goods originating from China. This poses both opportunities and challenges for Vietnamese enterprises, as many rely on raw materials imported from China.

The Government and its members, and leaders of ministries and localities commit to successfully completing all tasks set for 2025, Prime Minister Pham Minh Chinh affirmed at a conference held in Hanoi on January 8 to review the Government and local administrations’ performance in 2024 and launch tasks for 2025.

Starting February 18, the value-added tax (VAT) exemption for imported goods valued under VND1 million (approximately US$40) sent via express delivery will officially be discontinued.

VOV.VN - Vietnam posted a trade surplus of US$24.77 billion last year, with total import and export reaching US$786.29 billion, up 15.4% compared to the previous year, according to details given by the General Statistics Office (GSO).

VOV.VN - 2024 saw Vietnamese economy record positive outcomes as the gross domestic product (GDP) grew by 7.09%, whilst foreign arrivals to the country surged by 39.5% on-year.

The European-American Market Department under the Ministry of Industry and Trade (MoIT) will continue keeping a close watch on the situation and policy changes in countries in the region, while intensifying policy, market research and exploring opportunities to boost economic-trade cooperation.

From February 18, 2025, Vietnam will end import duty and VAT exemptions for goods valued under VND1 million(US$40) sent via express delivery, under a new government directive.