In January, Vietnam’s export to the US reached 9.8 billion USD, while import stood at 1.3 billion USD, resulting in a trade surplus of 8.5 billion USD.
The US' official recognition of Vietnam’s tra fish food safety control system as equivalent to its own will facilitate access and market expansion for the Vietnamese products. (Photo: VNA)
Hanoi (VNA) – Trade revenue between Vietnam and the US exceeded 11 billion USD in January, with Vietnam enjoying a trade surplus of 8.5 billion USD൲, a year-on-year fall of 3.5%, ac🦄cording to the General Statistics Office of Vietnam.
In the month, Vietnam’s export to the country accounted for 9.8 billion USD, while import stood at 1.3 billion USD.
Trade exp💛erts said the US is a pivotal market for Vietnamese businesses seeking to expand their international operations. Notably, the South🔯east Asian country has been attracting significant high-tech investment from the US, especially in microchips and semiconductors as it is jumping on the global science-tech innovation bandwagon. They stressed that Vietnam has emerged as a crucial player in the US global supply chain, while US enterprises have substantially contributed to Vietnam’s economic transformation and development.
The Vietnam Trade Office in the US suggested domestic firms coordinate with US importers and distributors to adopt flexible payment methods and risk-sharing strategies, particularly during initial market entry phases. With agricultural and food products, they should consider investing in cold storage facilities and distribution centres at major ports to serve multiple product categories, helping reduce costs and give Vietnamese firms more control over market access.
However, success in the US market requires strict compliance with trade regulations. Vietnamese businesses must carefully navigate potential trade defence and tax evasion measures as well as other restrictions that the US might implement to support domestic production.
Last year, two-way trade exceeded 132 billion USD, with Vietnamese shipment to the US worth nearly 119 billion USD, marking a 23.3% increase from 2023. Key Vietnamese exports to the US market included footwear, wooden furniture, machinery, and optical equipment./.
Statistics showed that since 2024, there have been 27 documented cases involving Sunview raisins, resulting in fines of over 536 million VND (21,440 USD), primarily due to the sale of smuggled goods and products of unclear origin.
A bilateral agreement between the Vietnamese and US Governments regarding anti-dumping duties on Vietnamese fish fillets was signed on January 20, marking the end of relevant disputes in Case DS536 at the World Trade Organisation (WTO).
A workshop themed US-Vietnam Getting to Net-Zero: Roadmap to Sustainable Industrial Development was held in Ho Chi Minh City on January 14 by the US Commercial Service in the city, in partnership with the International Financial Centre (IFC) and Saigon Tel.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
Vietnam is now positioning itself as a global manufacturing hub with a diversified export portfolio, improved product quality, and enhanced price competitiveness.
