Business News

Vietnam had disbursed VND388.3 trillion in public investment by the end of July, representing 39.45% of the full-year plan and 43.9% of the target assigned by the prime minister, according to the Ministry of Finance. As of June 30, cumulative disbursements under the 2025 plan had reached VND318.57 trillion, or 32.37% of the full-year plan and 36.01% of the prime minister’s target. 

Vietnam exported nearly 22 tons of peeled fresh coconuts from the former Ben Tre Province to China through the Bac Luan II border gate on August 5, according to the Mong Cai International Border Gate Customs Office. The shipment, exported by Quan Minh Investment JSC, included 2,190 cartons weighing a total of 21,900 kilograms. The coconuts carried the plantation code VN-BTOR-0188 and the packaging code VN-BTPH-064, meeting China’s import standards.

Vĩnh Long Province targets economic growth of at least 8 per cent this year after an excellent first half. Speaking at a recent People’s Council session, chairman of its committee, Nguyễn Minh Dũng, said: “Thanks to the strong leadership of Party committees at all levels, the decisive action of the People’s Committee and the efforts of local people and businesses, the province achieved positive socio-economic results in the first half of the year.”

Việt Nam pulled in US$24.09 billion in foreign direct investment (FDI) in the first seven months of 2025, a 27.3 per cent surge year-on-year, driven by strong investor confidence, the Ministry of Finance’s National Statistics Office (NSO) reported on Wednesday. The FDI inflows, covering newly-registered and adjusted capital, and capital contribution through share purchases, included $10.03 billion registered for 2,254 new projects.

The country is showing very positive economic signs after achieving an estimated export turnover of US$261.8 billion by the end of last month, marking growth of 14.6 per cent over the same period last year and exceeding set targets. Nguyễn Anh Sơn, director of the Agency of Foreign Trade (AFT) under the Ministry of Industry and Trade, provided the export data estimates, going on to note that average monthly export turnover thus far this year reached $37.4 billion, with both May and June surpassing $39.5 billion.

Exports of agricultural, forestry and fishery products totalled US$39.7 billion in the first seven months of the year, marking a rise of 14.7 per cent year-on-year, according to statistics from the Ministry of Agriculture and Environment. The sector ran a trade surplus of $11.5 billion, up by 15.9 per cent from the same period last year, driven by robust performance of major farm producers and stronger demand from key markets.

Vietnam’s trade turnover reached US$470.63 billion from January 1 to July 15 this year, a 16.2 percent year-on-year increase, according to the Department of Viet Nam Customs. Of the figure, exports were estimated at US$239.19 billion, up 14.7 percent year-on-year, while imports climbed 17.7 percent to US$231.44 billion.

In its article titled 'Cross-border trade driving China-Việt Nam ties', the China Daily wrote that at dawn, Vietnamese tourists lined up at Hekou Port, the largest land port along the Yunnan section of the China-Việt Nam border, drawn by more than mere sightseeing. These vibrant exchanges of goods and people are a microcosm of the ties between China and Việt Nam, which have been continuously deepened by the engines of shopping, trade and tourism.