AGRO-FORESTRY-AQUATIC PRODUCT EXPORTS INCREASE OVER 13% IN FIRST QUARTER
Việt Nam's agro-forestry-aquatic product exports reached US$6.14 billion in March, bringing the total export value in the first quarter of this year to $15.72 billion, a year-on-year increase of 13.1 per cent. According to the Ministry of Agriculture and Environment, Việt Nam recorded a trade surplus of $4.4 billion in agro-forestry-aquatic products in the first quarter, up 13.1 per cent compared the same period last year.
VIỆT NAM'S FOREIGN INVESTMENT SURGES 35% IN Q1
Việt Nam recorded approximately US$10.98 billion in foreign investment during the first quarter of this year, marking a 35 per cent year-on-year increase, according to the Foreign Investment Agency (FIA) under the Ministry of Finance. A total of 401 operating projects registered for investment capital adjustments in the first quarter of 2025, marking a 50 per cent increase. The total additional capital reached nearly $5.16 billion, a fivefold increase compared to the same period last year.
VIỆT NAM'S GDP EXPANDS BY 6.93 PER CENT IN Q1
According to the NSO, the agro-forestry-fishery, industry-construction, and service sectors expanded by 3.74 per cent, 7.42 per cent and 7.7 per cent, contributing 6.09 per cent, 40.17 per cent, and 53.74 per cent to the total GDP expansion during January–March, respectively. Việt Nam’s gross domestic product (GDP) grew 6.93 per cent in the first quarter of 2025 compared to the same period last year, the highest Q1 rate since 2020, the National Statistics Office (NSO) reported at a press conference in Hà Nội on Sunday.
MONG CAI BORDER TRADE SURGES 45% IN Q1
Cross-border trade through the Mong Cai international border gate in northern Vietnam surged 45% in the first quarter of 2025 compared to the same period last year. Customs data showed that total import-export revenue reached over US$1.31 billion between January and March. Exports accounted for US$754.4 million, while imports stood at US$557.7 million, the Vietnam News Agency reported.
MANUFACTURING SECTOR REBOUNDS IN MARCH
Vietnam’s manufacturing sector rebounded in March after three months of contraction, according to the latest S&P Global Vietnam Manufacturing Purchasing Managers’ Index (PMI). The PMI climbed above the 50.0 threshold for the first time in four months, reaching 50.5 in March from 49.2 in February. This improvement signals a modest uptick in overall manufacturing conditions at the close of the first quarter of this year.
HCMC’S GRDP GROWTH HITS FIVE-YEAR HIGH IN Q1
HCMC’s gross regional domestic product (GRDP) in the first quarter of this year expanded by over 7.51% year-on-year to more than VND457.6 trillion, the highest Q1 growth rate since 2020. The data was released by the HCMC People’s Committee at a meeting held today, April 2, to review the socio-economic performance in January-March.
SMALL BUSINESS GROWTH SOARS TO FOUR-YEAR HIGH
Vietnamese small businesses experienced a successful 2024, with 82 percent reporting growth, up from 77 percent in 2023-the country’s highest result since 2019, a survey shows. This momentum is expected to accelerate in 2025, with 92 percent of small businesses expecting to grow, the highest projection among 11 markets surveyed, according to annual small business survey of CPA Australia - one of the largest professional accounting bodies in the world.
AGRO-FORESTRY-FISHERY EXPORTS NEAR US$16 BILLION IN Q1
Vietnam’s exports of agricultural, forestry, and fishery products totaled US$15.72 billion in the first quarter of this year, up by 13.1% against the same period last year, according to the Ministry of Agriculture and Environment. Of the total, agricultural exports reached US$8.53 billion, up by 12.2% year-on-year, while livestock products brought in US$131.3 million, an increase of 18.5%.
