Vietnam’s total import-export value topping 403 billion USD as of July 15 (Photo: VNA)
Hanoi (VNA) – Vietnam’s total import-export value topped 403billion USD as of July 15, with a trade deficit of around 1 billion USD.
According to the General Department of Customs, in theperiod, the country earned 201 billion USD from exports, while spending 202billion USD on buying goods from abroad.
The trade turnover in 2022 is forecast to exceed 700 billionUSD, of which exports will approach the 400 billion USD mark.
NIllustrative image (Photo: VNA)
The Ministry of Industry and Trade said that, in order to achievethe export growth target of 8% this year and maintain the trade surplus of theprevious years, the ministry is stepping up support for businesses in market informationand export promotion by taking advantage of commitments in signed free tradeagreements (FTAs) and through joining global value chains to find new markets;and at the same time encouraging them to create new products.
It has also guided localities to build and develop brandsfor strong products, and well handle the issue of traceability to ensure thequality of goods to meet export standards of other countries./.
Vietnam enjoyed a trade surplus of 710 million USD in the first half of 2022, with export-import revenue hitting 371.17 billion USD, up 16.4% against the same period last year.
Vietnam should fully tap benefits from tariff reduction and exemption brought by the EU – Vietnam Free Trade Agreement (EVFTA) to promote cashew nut export to France, said insiders.
The Trade Promotion Agency under the Ministry of Industry and Trade (MoIT) and Vietnamese trade offices in Africa will jointly organise a session to give consultations to domestic businesses on exporting coffee to the African market.
The event took place within the Vietnam–RoK Economic Forum which is part of the Vietnamese leader’s state visit to the RoK. The documents span areas including energy, digital infrastructure, manufacturing, logistics, tourism, finance, and high-quality personnel training.
According to the Ministry of Agriculture and Environment, in May, June, and July, the country exported 7,745 batches of fresh durians totaling over 207,000 tonnes, more than 10 times higher than in the first four months of the year, as well as 560 batches of frozen durians weighing nearly 16,000 tonnes, up almost 64.3%.
The global bicycle market is projected to reach 69 billion USD by 2029, growing at 4.2% annually, according to consultancy and market research company Mordor Intelligence.
After a challenging first quarter, during which many companies recorded losses, the Vietnamese cement market has experienced a remarkable recovery, with several firms unexpectedly reporting substantial profits in the second quarter of 2025.
The Party leader said Vietnam is continuing to improve its institutions, enhance the investment and business environment, and address bottlenecks to unlock resources and push ahead with economic restructuring in tandem with renewing the growth model.
Export value to Thailand reached 33 million USD in the first six months, accounting for 10% of Vietnam’s total squid and octopus export revenue and making Thailand the country’s fourth-largest single export market.
Large-scale projects invested by Korean investors in strategic sectors such as semiconductors and energy are poised to give a strong boost to foreign direct investment (FDI) inflows into Vietnam, creating momentum to attract more high-value projects from global investors.
The recent administrative merger offers a unique opportunity to establish a unified and synchronised logistics system, turning the Southeastern Key Economic Region into a high-performing hub for trade, investment, and marine economy.
Vietnam’s state budget revenue from import-export activities reached over 261.37 trillion (9.97 billion USD) in the first seven months of 2025, equivalent to 63.6% of the annual estimate and 55.6% of the targeted goal, marking a 9.1% increase year-on-year, the Department of Customs reported.
Experts warned that excessive capital concentration in high-risk sectors like real estate and securities, risks of imbalances and non-performing loans could increase.
Demand for durians in the Chinese market is surging, prompting growing interest among importers in seeking supply from Vietnam. With its geographical proximity, short transport time and distinctive flavour, Vietnamese durian is highly regarded for both quality and long-term growth potential.
EVN leaders said CMIS has advanced to version 4.0 over the past two decades, fully digitising operations and customer services while handling data for over 32 million clients and processing hundreds of millions of transactions each year.
With a combined market of over 370 million consumers, Vietnam and Indonesia leverage agricultural strengths: Vietnam leads in rice exports, while Indonesia dominates palm oil and coffee and is advancing toward rice self-sufficiency. Key cooperation opportunities span sustainable fisheries, hi-tech farming, agricultural science innovation, integrated value chains, and market access.
In the first seven months of this year, retail sales of goods were estimated at approximately 3.05 quadrillion VND, accounting for 76.4% of the total revenue and rising by 7.8% compared to the same period last year.
Under the agreement, customers will enjoy tailored financing solutions, including attractive interest rates, flexible repayment options, 100% on-road funding, exclusive offers and priority services - applicable across VinFast’s entire product portfolio. Dedicated HDFC Bank representatives will be available at all VinFast showrooms to provide on-site support, making EV ownership more accessible and convenient for a wider range of Indian consumers.
Foreign direct investment (FDI) inflows into Ho Chi Minh City rebounded strongly in the first seven months of 2025, reaching nearly 6.2 billion USD, up 45.67% year-on-year after a slowdown last year.
To meet the ambitious annual target of 47–48 billion USD, the sector must now achieve monthly exports of over 4 billion USD during the remaining months of the year.
Vietnam’s total import-export value topping 403 billion USD as of July 15 (Photo: VNA) 
NIllustrative image (Photo: VNA) 
