Containers at Hai Phong Port. — (Photo: enternews.vn)
Hanoi (VNS/VNA) - Five commodities had export valuesexceeded 1 billion USD in August, according to the Ministry of Industry andTrade.
The five commodities included phones and components, garmentand textile and computers and electronic products.
Their corresponding export values in August were 4.4 billionUSD, 2.9 billion USD and 2.5 billion USD, respectively. The figures were up13.9 percent, 1 percent and 0.2 percent month-on-month.
The two other commodities were named as machinery, equipmentand spare parts and footwear, with export values of 1.35 billion USD and 1.4billion USD, up 3.6 percent and down 2.5 percent against last month,respectively.
Export values of the above five commodities totalled 12.55billion USD, contributing up to 60 percent of the country’s total export valuein August.
Over the month, Vietnam’s total export and import turnoverwas estimated at 41.9 billion USD, up 1.5 percent over the previous month.
In particular, exports were estimated at 20.9 billion USD, up2.9 percent over the previous month, while imports were estimated at 21 billionUSD, up 0.2 percent from the previous month.
The total import and export turnover of the country in thefirst eight months was estimated at 308.07 billion USD, up 13 percent over thesame period of 2017. Of which export turnover was 155.4 billion USD, up 14.5percent and import turnover was 152.7 billion USD, up 11.6 percent.-VNS/VNA
Vietnam’s garment-textile export turnover is expected to hit 18.5 billion USD in the second half of 2018, bringing the year’s export value to 35 billion USD, 1 billion USD higher than the target set for the year, heard a press conference in Hanoi on July 30.
Vietnam has exported timber products directly to 120 countries and territories instead of having to go through a transit market like China’s Taiwan, Singapore and the Republic of Korea (RoK) to export to the third country.
Hanoi’s export turnover in July was estimated at 1.32 billion USD, up 2.3 percent against June, and 29.2 percent higher than the same period last year.
Vietnam’s total import-export value in the first eight months of this year reached more than 308 billion USD, a year-on-year rise of 13 percent, according to the General Department of Vietnam Customs.
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.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
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.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.