The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
Amidst global trade uncertainties prompting Canada to diversify its markets, Vietnamese agricultural exporters, particularly those in the rice sector, are encouraged to seize this opportunity. Fully leveraging free trade agreements involving both countries will be key to quickly increasing Vietnam’s food exports to the North American nation.
This milestone marked a significant boost for local farmers as well as the consumption of the province’s signature plum variety to meet growing consumer demand nationwide.
The vaccine received official approval for use from Indonesia’s Ministry of Agriculture on April 23, following nearly three years of assessment. Indonesian company PT Biotis Prima Agrisindo, based in West Java, will act as the importer and distributor.
Thailand has secured more than 500,000 tons in new rice export orders following trade discussions at the Thailand Rice Convention 2025 (TRC 2025), held recently in Bangkok.
Agricultural experts forecast that domestic prices may continue to drop to around 120,000 VND /kg due to the downward trend in global markets. Key drivers behind recent price hikes, such as weather concerns and trade tensions, are showing signs of easing.
With the US imposing reciprocal tariffs on exports, many Vietnamese firms are pivoting to the burgeoning global Halal market to diversify their revenue streams and boost export growth.
It’s expected that the first batch of 50 electric EV Buses will be delivered to the Republic of Korea (RoK) for operation in the second quarter this year.
Thailand has solidified its position as Asia’s top ice cream exporter and currently ranks fourth globally, leveraging its abundant resources and the benefits of free trade agreements.
This marks the 9th consecutive month of export growth for Thailand, reaching the highest level in three years, although steep US tariffs remain a concern, the ministry said.
Dang Ngoc Diep, Director of the Department of Planning and Finance under the Ministry of Agriculture and Environment, noted that despite mergers of units and personnel changes, the agriculture and environment sectors stayed well in the black for the first three months of this year.
In recent years, the number of Vietnamese enterprises engaging in online exports has climbed sharply, mirroring the country’s fast-paced digital transformation.
In a letter sent to US President Donald Trump, Cambodian Prime Minister Hun Manet requested negotiations after the US imposed a 49% tariff on products from Cambodia, urging Trump to postpone the tariff implementation.
In February, car exports continued to fall by 8.34% year-on-year to 81,323 units. In the first two months of this year, exports plunged by 18.1% to 143,644 units.
According to trade experts, Vietnam is ranked as the world's 20th largest exporter in the world and among the world's top exporters of various products such as rice, coffee, cashews, and garment-textiles.
