Hanoi (VNA) –The Ministry of Industry and Trade is seeking measures to boost exports in thesecond quarter of 2020.
The Vietnam Trade Office in Singapore recently connected with Vietnamese and Singaporeanindustry associations to make use of trade opportunities.
In February 2020, it arranged a trip for a group of Singapore’s fruit andvegetable importers to Vietnam to find supply sources.
As of March 2020, the office had secured over 20 orders for various productssuch as coffee, instant noodles, sweet potato, and fruit.
Meanwhile, the containment of COVID-19in China has presented opportunities for Vietnam to boost its exports to themarket.
According to the ministry, customs clearance for exports to China at bordergates in the north has gradually improved.
As well as China, major markets like the Republic of Korea and Japan witnesseda recovery in March as the pandemic slowed.
In January-March, Vietnam’s exports to China andJapan posted year-on-year growth of 11.5 percent and 3.5 percent, respectively. In the three-month period, Vietnam exported59.08 billion USD worth of goods, up 0.5 percent against the same period lastyear, but the lowest growth since 2003./.
Prime Minister Nguyen Xuan Phuc has said though social lives have slowed down, those involved in COVID-19 prevention and control and administrations at all levels, especially the health sector, must speed up work and take more drastic actions to combat the pandemic.
Chairspersons of the people’s committees of centrally-run cities and provinces have been asked to review the overall impact of COVID-19 on local socio-economic development.
The Ministry of Industry and Trade (MoIT) has asked the Government to resume rice exports. However, the export volume would be limited at 800,000 tonnes for April and May.
Vietnam’s tra fish exports to some major markets like the US and China are gradually increasing though the fisheries industry is still struggling to cope with the fallout of the COVID-19 pandemic.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
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.
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.