Vietnam ran a trade surplus of 4.07 billion USD in the first quarter this year, with 79.17 billion USD in export revenue and 75.1 billion USD in imports, down 11.9% and 14.7% annually, respectively, reported the General Statistics Office on March 29.
Hanoi (VNA) – Vietnam ran a trade surplus of 4.07billion USD in the first quarter this year, with 79.17 billion USD in exportrevenue and 75.1 billion USD in imports, down 11.9% and 14.7% annually,respectively, reported the General Statistics Office on March 29.
Of the export revenue, 19.26 billion USD was contributed by the domestic economicsector and the remaining from the foreign-invested sector, marking a respectiveannual decrease of 17.4% and 10%.
During the period, four types of goods earned over 5 billion USD, accountingfor 52.8% and 14 others raked in more than 1 billion USD, making up 77.4%.
The domestic sector also spent 26.03 billion USD in imports, down 13.3% whilethe foreign-invested sector poured 49.07 billion USD or a 15.4% drop. Most ofthe imports were materials for production, equivalent to 93.5%.
The US remains the biggest importer of Vietnam with a turnover of 20.6 billionUSD, followed by China with 23.6 billion USD. Vietnam’s trade surplus with theUS was estimated at 17.5 billion USD, down 23.4% year-on-year while that withthe EU reached 6.9 billion USD.
In a scheme on restructuring the industry and trade sector till 2030, thesector targets maintaining annual trade surplus growth of 6-8%.
To that end, the sector looks to continue diversifying export markets andgoods, developing export via e-commerce, digitalising trade promotion activities, and popularising Vietnamese trademarks./.
Despite decreases in both imports and exports, the country still enjoyed a trade surplus of 3.6 billion USD in the first month of 2023, according to the General Statistics Office (GSO).
Total import-export revenue in the first two months of this year is estimated at 96.06 billion USD, down 13.2% year on year, with a trade surplus of 2.82 billion USD, reported the General Statistics Office (GSO).
The southern province of Binh Phuoc enjoyed an impressive growth in export turnover in the first two months of 2023 with trade surplus reaching 220 million USD, according to the provincial Statistics Office.
Total import-export revenue in the first two months of this year is estimated at 96.06 billion USD, down 13.2% year-on-year, with Vietnam posting a trade surplus of 2.82 billion USD, the General Statistics Office (GSO) has reported.
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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.
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.
At Saigon New Port (Photo: VNA) 
