HCM City (VNA) – Ho Chi Minh City’s export turnover in the first half ofthis year reached an estimated 19.42 billion USD, down 22.4% year-on-year.
The total import turnover of enterprises of the country's economic locomotive through the national border gatesin the period also decreased by 24.2% over the same period last year to 25.55billion USD.
Statistics from the municipal Department of Customs show that theexport value of computers, electronic products and components; aquatic products;and coffee via the municipal border gate in the January – June period respectively droppedby 31%, 37% and 30% year-on-year.
The situation was blamed on strong impacts from geopolitical conflicts,high global inflation, and a downward trend in consumption globally.
According to Dinh Ngoc Thang, Director of the municipalDepartment of Customs, the drop in the export and import value led to adecrease of 9.4% in the budget revenue from import and export activities in theperiod.
Pham Binh An, Deputy Director of the HCM City Institute for Development Studies, said in the context of difficulties facingexport activities, municipal authorities should focus on supporting specificsectors, and soon implement solutions to stimulate domestic consumption demand suchas expanding consumer credit, establishing new commercial space such as rivereconomy and night economy.
🐠 The cityneeds to restore business confidence by effectively implementing supportivepolicies on interest, credit, and taxes, he stressed./.
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The Ho Chi Minh City Welfare Association in collaboration with the Vietnam-Denmark Friendship Association on June 28 reviewed a project on protecting children and preventing child abuse in the southern city.
Ho Chi Minh City’s consumer price index (CPI) edged up 0.17% in June with eight out of 11 groups and services recording an increase in prices, according to the municipal Statistics Office.
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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.
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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.
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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.
Tan Cang - Cat Lai Port in HCM City (Photo: VNA) 
