Export shows sign of gradual recovery: Statistics office
Vietnam’s export turnover is estimated to reach 29.3 billion USD in June, a month-on-month rise of 4.5%, which shows that the market is gradually recovering thanks to trade promotion activities, according to the General Statistics Office.
Vietnam’s export turnover is estimated to reach 29.3 billion USD in June (Photo: laodong.vn)
Hanoi (VNA) – Vietnam’s export turnover is estimated to reach 29.3billion USD in June, a month-on-month rise of 4.5%, which shows that the marketis gradually recovering thanks to trade promotion activities, according to the General Statistics Office.
President of the Vietnam Association of Seafood Exportersand Producers (VASEP) Nguyen Thi Thu Sac told a recent conference that manyseafood enterprises have determined that after a period of market fluctuations,a decrease in orders is an opportunity for them to review production costs, notto expand investment but keep the number of employees and their income stable. Thisis also a period when some businesses spend time researching and analysingnew products to suit the market context.
Expecting a positive sign for shrimp exports, Le Van Quang, General Directorof Minh Phu Group Joint Stock Company, analysed that the export market fromAugust 2023 onwards will be better when the shrimp supply sources in majorexporting countries such as India, Ecuador and Vietnam all decrease sharply,and world demand gradually recovers.
A representative of Viet Thang Jean Co., Ltd. said that forthe third quarter of 2023, many businesses are confident that they can competebetter in the market as their products meet green standards from raw materialsto technology.
Illustrative image (Photo: VASEP)
Tran Duy Dong, Director of the Ministry of Industry andTrade (MoIT)’s Import-Export Department, said that in the remaining months ofthis year, his ministry will speed up the implementation of activities topromote export.
The ministry will focus on completing legal documents onimport and export, recommending additional financial and monetary policies tosupport businesses to increase supply, reduce costs, and create more competitiveproducts.
The MoIT and its Import-Export Department will concertedlycarry out programmes in Vietnam's import and export strategy to 2030 and a strategyon development of several key commodities of Vietnam.
Attention will be paid to soon completing procedures towardsthe signing of a free trade agreement (FTA) with Israel, and speeding upnegotiations on other deals with potential markets such as the United ArabEmirates and the Southern Common Market (Mercosur) which includes Argentina,Brazil, Paraguay, and Uruguay./.
Although Vietnamese rice has been exported to 150 countries and territories, markets for the product are mainly Asian countries and thus need to be diversified, according to experts.
Only a handful of Vietnamese enterprises have taken advantage of expanding the Halal industry in general and increasing demand for Halal food in particular to boost exports, heard at a workshop held on July 13 in Ho Chi Minh City.
Despite a downward trend in aquatic product exports in the first half of 2023, the lower pace of month-on-month decline is giving hopes for a recovery in the remaining months of this year.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
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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A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
Vietnam’s export turnover is estimated to reach 29.3 billion USD in June (Photo: laodong.vn) 
Illustrative image (Photo: VASEP) 
