Petrol imports totalled 900,000 tonnes, worth 552 million USD in the first month of the year, up 3.5 percent in volume and 10.9 percent in value year on year.
Hanoi (VNA) - Petrolimports totalled 900,000 tonnes, worth 552 million USD in the first month ofthe year, up 3.5 percent in volume and 10.9 percent in value year on year, accordingto the General Department of Customs.
However, the figures represented a decrease of 28.2percent in volume and 27.1 percent in value from the previous month.
Accordingto the agency, in January, Vietnam’s export-import value reached 38.3 billionUSD –up 39.9 percent compared to a year earlier but down 3.1 percent comparedto December 2017.
Theexport value was estimated at 19 billion USD, rising by 33.1 percent year onyear and falling 3.3 percent from the previous month.
Theimport value was projected at 19.3 billion USD, up 47.4 percent year on year,and down 3 percent month on month.
The mainexports were mobile phones and spare parts, worth 4.2 billion USD, up 7.7percent from the previous month, and 80.7 percent from a year ago.
InJanuary, exports of garment-textile, and computers and spare parts wereestimated at 2.3 billion USD and 2.2 billion USD, up 7.6 percent and 37.9percent year on year, respectively.-VNA
Petrol imports totalled 6.5 million tonnes and reached a cost of 5.9 billion USD in the first seven months of the year, accounting for 10.2 percent of the nation's total imports, according to the General Department of Customs.
Central Phu Yen province will allow the planned Vung Ro oil refinery project to increase its investment capital from 1.7 billion USD to 3.18 billion USD.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
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.
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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.
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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.
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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.
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.
Illustrative image (Source: VNA) 
