The US was the largest importer of Vietnamese goods in the first quarter of 2021, with total export turnover hitting 21.2 billion USD, an increase of 32.8 percent year-on-year, according to the Ministry of Agriculture and Rural Development (MARD)’s Agro Produce Processing and Market Development Authority.
Vietnamese rice for export - Illustrative image (Photo: VNA)
Hanoi (VNA) – The US was the largest importer of Vietnamese goods in thefirst quarter of 2021, with total export turnover hitting 21.2 billion USD, anincrease of 32.8 percent year-on-year, according to the Ministry of Agriculture andRural Development (MARD)’s Agro Produce Processing and Market Development Authority.
The Authority said thestrong growth is likelyto be maintained in next months despitethe COVID-19 pandemic.
Export turnover of vegetables and fruits, and aquatic products to the US in thereviewed period was valued at 23.4 million USD, and 189.15 million USD, up 3.7percent and 5.4 percent, respectively, compared to the same period last year.
Statistics of the Ministry of Industry and Trade (MoIT) also show that theexport value of machinery, equipment and spare parts to the US expanded by 215percent to 1.58 billion USD in January this year.
Meanwhile, the export turnover of telephone and components to the country hit 6.1billion USD in January, up 3.4 billion USD from the same period last year.
According to the MoIT, the purchase power in the US has recovered in recentmonths and this offers a good opportunity for Vietnamese goods in the contextthat the global economy is still severely affected by the COVID-19 pandemic.
Deputy General Director of the MoIT’s Export-Import Department Tran Thanh Haiunderlined the necessity to pay special attention to accelerating digitalizationand applying e-commerce in export activities.
The Government, ministries, sectors and localities need to define neworientations amid great changes in the world, he said, adding that the MoIT willpropose issuing a new strategy for export activities in the coming time./.
The first direct shipment of US corn to Vietnam has arrived in the country with the assistance of the Quang Ninh Port Joint Stock Company, the USDA, and the US Grains Council.
Despite high anti-dumping tariff imposed by the US, Vietnam exported to the market 108 million USD worth of Tra fish products between January and April, up 26 percent from the same period last year.
Various challenges face Vietnam’s shrimp exports to the US, as aside from high anti-dumping duties, Vietnamese businesses have to tackle harsh policies the US uses to protect domestic production.
The Department of Agriculture and Rural Development of the southern province of Vinh Long is joining hands with the Green Path Vietnam Trading and Import-Export Company to increase mango export to the US.
Trade experts agreed at a workshop in Ho Chi Minh that there is great potential for Vietnam to expand exports to the US market, especially consumer and handmade products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
Vietnamese rice for export - Illustrative image (Photo: VNA) 
