The 15 free trade agreements (FTAs) to which Vietnam is a member are expected to give a boost to Vietnam’s export activities this year, towards the growth target of 6%.
Hanoi (VNA) – The 15 free tradeagreements (FTAs) to which Vietnam is a member are expected to give a boostto Vietnam’s export activities this year, towards the growth target of 6%.
Phuc Sinh JSC, based in Ho Chi Minh City, hasexported 50 containers of coffee, pepper, cashew nut and other products toEurope, the US and the Middle East in early 2023.
The company shipped abroad about 50 million USDworth of goods to Europe in 2020 and 63 million USD in 2021, which grew some30% last year.
It is among the hundreds of domestic firms that areeffectively utilising the FTAs, contributing to raising Vietnam’s agro exportrevenue to over 53 billion USD in 2022.
Chairman and General Director of Phuc Sinh JSC PhanMinh Thong noted that with tax incentives, the deals will help Vietnamese goodscompete with those from other countries despite difficulties forecast for thisyear as many major importers are expected to face inflation.
Import-export was Vietnam’s bright spot in 2022,hitting a record of around 730.2 billion USD, of which 371.5 billion USD came fromexport, statistics show.
Notably, thanks to the EU-Vietnam Free TradeAgreement (EVFTA), garment-textile exports to the EU reached 4.46 billion USD,representing a year-on-year rise of 34.7%.
The sector is projected to rake in 47-48 billion USDthis year, which is within its reach as the FTAs will accelerate the relocation ofinvestment from other countries to Vietnam, according to Chairman of theVietnam Textile and Apparel Association (VITAS) Vu Duc Giang.
Minister of Industry and Trade Nguyen Hong Dien alsoheld that the agreements will further prove their role this year as the marketshare of many key exports still remains limited in foreign countries./.
The implementation of free trade agreements (FTAs) will continue to prove fruitful for Vietnam in 2023, said Minister of Industry and Trade Nguyen Hong Dien.
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.
Illustrative image (Source: VNA) 
