Business News

Việt Nam’s agricultural, forestry and fishery exports hit a five-year high in the first two months of 2025, according to data released by the Ministry of Agriculture and Environment on Tuesday. Export turnover reached US$9.38 billion, up 8.3 per cent year-on-year. February alone saw a sharp 32.7 per cent rise to $4.4 billion.

With a trade volume nearing $800 billion, Việt Nam ranks 23rd in terms of global exports and 22nd in imports, which represents an average annual growth rate of over 13 per cent since 2007. Amid intensifying trade competition and shifts in tariff policies, Prime Minister Phạm Minh Chính has directed ministries, agencies and local departments to develop comprehensive strategies aimed at achieving a trade balance with key partners.

The Vietnamese coffee industry made a distinct impression in the first two months of this year, with export turnover rising by 26.2 per cent year-on-year to US$1.58 billion while volume falling by 28.4 per cent to 284,000 tonnes, according to the Ministry of Agriculture and Environment. This achievement not only affirmed Việt Nam's position in the global coffee market but also opened bright prospects for exceeding the $6 billion target this year.

Import and export activities between Việt Nam and China were moderate in the first two months of the year, with a value exceeding US$31 billion, data from the General Statistics Office (GSO) showed. The value of imports from China in the past two months reached $23.3 billion, an increase of 20.7 per cent compared to the same period last year.

The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.

In the first two months of 2025, Ho Chi Minh City has lured $365.8 million in foreign direct investment (FDI) capital, a remarkable increase of 87 per cent on-year. On March 6, the representative of Ho Chi Minh City Department of Finance briefed the performance of the city's socioeconomic development in the first two months of the year, showing many positive results.

Fly Hong Kong from Vietnam, explore the bustling streets, cultivated experiences through art, attractions, scenery, and cuisine like no other. Fall in love again with the scenic harbour and at the city of Asia from only USD200* all-in on a roundtrip flight.

We are pleased to invite you to an exclusive seminar on "Opportunities and Challenges for Chinese Manufacturers Expanding to Vietnam," co-hosted by WHA Vietnam, Yingke Law Firm, and CTAC Group. This event will bring together industry leaders and experts to share valuable insights into Vietnam's evolving manufacturing landscape and its implications for Chinese businesses.