VOV.VN - Vietnam’s plan to open its market to US goods with a 0% import tariff not only creates opportunities for consumers to access high-quality products at better prices, but also serves as a major test for the competitiveness and adaptability of domestic enterprises under pressure from foreign imports.
VOV.VN - The country’s total trade reached US$355.79 billion in the first five months of 2025, up 15.7% year-on-year. Exports grew 14.0% to US$180.23 billion, while imports rose 17.5% to US$175.56 billion, resulting in a trade surplus of US$4.67 billion.
VOV.VN - Based on the GDP growth rate in 2024, the Ministry of Industry and Trade has set a target of increasing export turnover this year by roughly 6%, equivalent to US$377 billion, with the trade balance maintaining a surplus of about US$15 billion.
VOV.VN - Vietnam maintained a positive trade balance of US$3 billion in October, raising the country’s total trade surplus during January – October 2023 to more than US$24.6 billion, the highest in five years.
The period of strong volatility of the US dollar has ended, and the US$/VND exchange rate in the last six months of 2023 will remain stable, experts have forecast.
VOV.VN - The UK-Vietnam Free Trade Agreement (UKVFTA) has promoted the export of Vietnamese goods to the UK market, with the trade balance continuously recording a trade surplus exceeding billions of US$.
The macroeconomic outlook of Vietnam is bright as the country has witnessed strong domestic consumption, received foreign direct investments and maintained a surplus in trade balance with other countries, wrote an article recently published on the US’s seekingalpha.com.
VOV.VN - The export turnover of agricultural, forestry and fishery products in November hit more than US$4.2 billion, bringing the total export value throughout 11 months of this year to over US$49 billion, marking a-year-on-year rise of nearly 12%, according to the Ministry of Agriculture and Rural Development (MARD).
VOV.VN - Vietnam’s merchandise trade balance recorded a surplus of US$1.4 billion in March, while FDI commitments and disbursement remained resilient amid global uncertainties over the Russian invasion of Ukraine, according to the April edition of the World Bank's monthly Vietnam March Monitoring.
VOV.VN - The Hong Kong & Shanghai Banking Corporation (HSBC) has moved to lower Vietnam’s GDP growth rate for the year from the previously-projected 6.5% to 6.2% amid fears of rising oil prices globally.