Trade surplus reached 24.44 billion USD as of November 15 this year. (Photo: VNA)
Hanoi (VNA) – Vietnam enjoyed a trade surplus of24.44 billion USD as of November 15 this year, according to data released by theGeneral Statistics Office (GSO).
The office reported that the total import-export turnover of goods hit 587.68 billion USD, down 9% year-over-year,with exports decreasing by 6.4% and imports dropping by 11.7% compared to thesame period last year.
The domestic sector saw a trade deficit of 19.05 billion USD, and the foreign-invested sector(including crude oil) posted a trade surplus of 43.49 billion USD.
In the first 11 months, 33 products posted an export turnover of over 1 billion USD each, accounting for 92.9% of the country'stotal. Particularly, seven commodities recorded an exportturnover of more than 10 billion USD, accounting for 66.1%.
Deputy Minister of Industryand Trade Do Thang Hai said that the ministry will promote negotiations, signnew agreements, commitments, free trade agreements,and trade agreements with more potential partners in order to diversifymarkets, products, and supply chains.
The ministry will supportbusinesses to take advantage of commitments in new generation FTAs to boostexports; and coordinate with the Ministry of Agriculture and Rural Developmentto negotiate with the Chinese side to open the market for more Vietnamese fruitand vegetable products such as green-skinned grapefruit, fresh coconut, avocado,pineapple, star apple, and lemon.
It will also focus on strengthening early warning of trade defencelawsuits, giving them consultations on how to respond to lawsuits, and providingbusinesses and associations in a timely way with new market information, demand, and relevant regulations./.
The southern province of Dong Nai posted a trade surplus of 4.8 billion USD with its export earnings and import turnover reaching more than 17.8 billion USD and over 13 billion USD in the first 10 months of 2023, respectively.
Amid difficulties in the world market, greater attention should be paid to promoting the domestic market, one of the "healthy" pillars at present of the economy, to boost growth, according to Prof. Dr. Bui Quang Tuan, Director of the Vietnam Institute of Economics.
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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.
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.
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.
Trade surplus reached 24.44 billion USD as of November 15 this year. (Photo: VNA) 
