Hanoi (VNA)𓆏 – In the first five months of thisyear, Vietnam had a trade surplus with the US at 35 billion USD, ranking third afterChina and Mexico.
Commercial Counsellor in the US Do Ngoc Hung saidthat Vietnam gained the trade surplus as in the market, Vietnamese productscompeted with those from third countries, not the US. Moreover, Vietnamese exporters offer products with diversified patterns and competitive prices. Among the group of Vietnam's top 10 exports to the US, six account for 10-27% of theUS’s total import. Hung said that those factors show that in the long-term,Vietnam will remain a reliable partner of the US in its supply chainshifting policy. From now to the end of this year, Vietnam’s exports to theUS can enjoy more favourble conditions now that the US economy has seen signs of recovery and consumer demand improved, the official said. The US Government and businesses continue to pay attentionand are strongly committed to business cooperation with Vietnam, Hung added, pointing out that major US groups such as Walmart, Boeing, andAES have committed to join Vietnam International Sourcing Expo 2023 scheduled from September 13-15 in Ho Chi Minh City. Major retail chains have started resuming orders to Vietnamwhile Vietnamese goods worth hundreds of billions of USD have been sold viaAmazon’s e-commerce network. According to Hung, his office will strengthen cooperation withministries, agencies, localities, and associations to organise trade promotionin the provinces of Bac Giang, Vinh Phuc, and Ca Mau. More promotion activities will be conducted to facilitate theexport of Vietnamese fruits to the US including mango, longan, lychee, dragon fruit, grape fruit, and coconut./.
Vietnam has great potential to increase fruit exports to the US in the future, said Hoang Trung, director of the Plant Protection Department under the Ministry of Agriculture and Rural Development.
Six groups of products posted an export revenue of over 1 billion USD to the US market in the first quarter of this year, with the group of machinery, equipment, tools and spare parts topping with 3.98 billion USD, according to the General Department of Vietnam Customs.
The year 2023 is an important milestone in Vietnam-US relations as it marks the 10th anniversary of the establishment of their comprehensive partnership (2013-2023).
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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.
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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.
Illustrative photo (Photo: congthuong.vn) 
