Export activities bustle on first workday after Tet
Export activities bustled on the first workday after the Lunar New Year (Tet) holiday on February 15 with many batches of goods departing for foreign markets such as the US, the EU and Australia.
A lot of 15,000 tonnes of plastic beads leaves Long An international port for Europe on February 15 (Photo: baodautu.vn)
Hanoi(VNA) – Export activities bustled on the first workday after the LunarNew Year (Tet) holiday on February 15 with many batches of goods departing for foreignmarkets such as the US, the EU and Australia.
In Long An international port, 15,000 tonnes of plasticbeads left the port for Europe on the day. Meanwhile, two containers with about18 tonnes of coffee branded Meet More each were sent to Australia.
Data from the Ministry of Industry and Trade (MoIT) showedthat import-export activities have been bustling since the beginning of 2024, withtotal revenue hit over 64 billion USD in January, up nearly 38% year on year,including 33,57 billion USD from exports, a rise of 42%.
The majority of export markets are recovering, itsaid, adding that the US continued to be the biggest market of Vietnam inJanuary with an export revenue of about 9.6 billion USD, up 55.8% year on year.
A strong rise was also seen in other major markets such asChina with 57.8%, the EU with 17.9%, ASEAN 38.5%, Japan 39.6%, and the Republic ofKorea 22.4%.
MoIT Minister Nguyen Hong Dien said that in January, thecountry enjoyed a trade surplus of 2.92 billion USD, while industrialproduction also grew 18.3%. However, he underlined the need for strong effortsright from the beginning of the year to realise the set target of 6% growth inexports this year.
In the first month of 2024, Vietnam's Purchasing ManagersIndex (PMI) rebounded to 50.3 points compared to 48.9 points in December2023. The index reveals that the health of the manufacturing industry improved forthe first time in five months.
The European Chamber of Commerce in Vietnam (EuroCham)commented that Vietnam’s economic recovery is on the right track. It advised thecountry to focus on building stronger trade relations with major export marketsand increase export value through processing.
Experts said that the fulcrum for export growth in 2024 isthe system of 17 free trade agreements that have been implemented, givingbusinesses advantages in negotiating orders and opening up markets./.
Vietnam shipped 230,000 tonnes of coffee abroad in January, earning 623 million USD, up 61.6% in volume and 100.3% in value year-on-year, according to the Ministry of Agriculture and Rural Development.
The first month of 2024 has seen coffee exports showing a robust performance, surging to a trade value of 621 million USD, marking a 99.6 % increase compared to the same period in 2023, according to data from the Ministry of Industry and Trade (MoIT).
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Vietnam's export earnings in January posted a year-on-year rise of 42% to about 33.6 billion USD – the highest monthly turnover since April 2022 when the figure stood at 33.26 billion USD, reported the Ministry of Industry and Trade (MoIT).
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The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
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In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.