Business News

Industries under the ministry’s management accounted for an estimated 17.23% of national gross domestic product (GDP), up about 0.17 percentage point from 2024. They contributed around 1.96 percentage points to overall GDP growth, reported the Vietnam News Agency. The contribution helped push Vietnam’s economic growth to above 8% in 2025 and supports the Government’s aim of pursuing double-digit growth in the coming years.

The promotion of the Cai Mep Ha Free Trade Zone is a concrete step to implement the revised Resolution 98, which was passed by the National Assembly on December 11 this year. Alongside the development of an international financial center, free trade zones are seen as a new but challenging area that could become a key driver for investment attraction and revenue growth in HCMC, Quang said.

Vietnam and China will launch a one-year pilot program on December 10 to allow two-way cargo transport through the Huu Nghi–Youyi Guan international border gates in Lang Son Province, reported the Vietnam News Agency. The Dong Dang-Lang Son Economic Zone Management Board said the trial aims to reduce transport costs and improve customs clearance capacity. 

The total value of Vietnam’s imports and exports was nearly US$840 billion between January and November this year, the highest level ever recorded, according to the National Statistics Office. In its latest report on the country’s socio-economic performance, the National Statistics Office highlighted a series of positive economic indicators, with trade emerging as one of the strongest drivers of growth.

Vietnam’s exports to the U.S. reached more than US$126 billion in the first 10 months of the year, the highest level on record and up nearly 28% from the same period in 2024. According to the General Department of Vietnam Customs, the U.S. accounted for over 30% of the country’s total export value, reinforcing its role as Vietnam’s largest export market and a key driver of trade growth heading into 2026.

During the same period, the country’s total import–export value reached more than US$762 billion, up 17.4% from a year earlier. Exports amounted to nearly US$391 billion, an increase of 16.2%, while imports grew 18.6% to US$371.4 billion, resulting in a trade surplus of over US$19.5 billion. In October alone, Vietnam’s total trade stood at US$81.49 billion, down a slight 1.2% from September, but the nation still posted a monthly trade surplus of US$2.6 billion, the Vietnam News Agency reported.

During January-October, total export turnover reached US$391 billion, a year-on-year increase of 16.2 percent. Of the figure, the domestic economic sector accounted for US$94.17 billion, representing 24.1 percent, while the foreign-invested sector (including crude oil) reached US$296.83 billion, accounting for 75.9 percent.

According to the Department of Vietnam Customs, the country’s total import-export value reached US$680.66 billion in the first nine months of 2025, up 17.3% year on year. This strong growth demonstrates the effectiveness of recent policies that have supported production, boosted exports, and expanded markets.