Vietnam enjoys trade surplus of 3.1 billion USD as of mid-April
Vietnam recorded a trade surplus of 3.1 billion USD as of April 15, 2018, according to the latest statistics of the General Department of Vietnam Customs.
Hanoi (VNA) – Vietnam recorded a tradesurplus of 3.1 billion USD as of April 15, 2018, according to the lateststatistics of the General Department of Vietnam Customs.
🏅 The country’s total import-export turnover rose17 percent to 125.7 billion USD. Of the figure, 64.4 billion USD came fromexports, a year-on-year rise of 22.8 percent.
Vietnam’s major export staples include mobile phones and components,garments-textiles, computers and electronic components, machines and equipment,footwear, transport vehicles and accessories, timber and wooden products,aquatic products, coffee, and iron and steel. As of mid-April, foreign direct investment (FDI) businesses posted a tradesurplus of 9.4 billion USD. FDI firms raked in 45.9 billion USD from exports, up 24.3 percentagainst the same period last year, making up 71.3 percent of the nation’s totalexport turnover. Meanwhile, FDI enterprises imported 36.5 billion USD worth ofgoods. Vietnam’s export-import turnover hit 400 billion USD in 2017,representing a fourfold increase in ten years.
The country first achieved 100 billion USD in foreign trade value in2007, the year it joined the World Trade Organisation (WTO). The figure rose to200 billion USD in 2011, and 300 billion USD in 2015.
🗹 According to the WTO, in 2006, Vietnam’s totalexport and import turnover ranked 50th and 44th in the world. In 2015, thenation jumped 23 and 16 steps, occupying 27th and 28th positions,respectively.
At present, Vietnam has 30 export groups with an annual turnover of atleast 1 billion each, including textiles, leather, footwear, coal and crudeoil. Vietnam has trade relations with more than 200 countries and territoriesaround the world, gradually moving import-export markets from Asia to Europeand America.-VNA
Vietnam’s trade surplus hit a record high of 2.92 billion USD in 2017, according to a report released by the Ministry of Industry and Trade in Ho Chi Minh City on March 22.
Total import-export revenue of Vietnam is estimated at 38.8 billion USD, a surge of 36.8 percent over the previous month, according to the General Department of Vietnam Customs.
Total import-export value is estimated at 107.32 billion USD in the first three months of 2018 (with export value at more than 54.31 billion USD and import 53.01 billion USD).
Vietnam posted an impressive growth rate of 7.38 percent in the first quarter of 2018, but there remain many problems behind this 10-year high expansion, many experts said at the April 10 launch of a report on the country’s macro-economy in Q1.
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.
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.
Processing shrimps for export (Photo: VNA) 
