Business News

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The US remains Việt Nam's largest export market, with an estimated trade value of US$10 billion in January. However, the figure was down 2.1 per cent over the same period in 2024. Last year, the US was also Việt Nam’s top export partner, with key exports including electronics, textiles, footwear and agricultural products.

Despite fluctuations in raw material prices, rising costs, and increasingly fierce competition from other countries, shrimp exports can still contribute over a third of seafood export turnover for Vietnam in 2025, as well as improve its sustainability credentials.

In January 2025, seven export items exceeded 1 billion USD in turnover, accounting for 67.9% of the country's total export value.

Vietnam's data centre market was valued at $654 million in 2024, and is projected to reach $1.75 trillion by 2030, rising at a compound annual growth rate (CAGR) of 17.93 per cent, according to Research and Markets.

Vietnam’s economy is projected to grow 7.2% in 2025, fueled by government-led infrastructure investments, exports, and domestic consumption, according to a macroeconomic report by Thien Viet Securities JSC.

Recent financial disclosures from over 900 listed enterprises reveal a 20.9 per cent year-on-year growth in profits after tax for the fourth quarter (Q4) of 2024.

Vietnam’s seafood exports are projected to maintain strong growth this year, potentially reaching 11 billion USD. According to the Directorate of Fisheries, efforts will focus on improving production quality and efficiency, with deep processing playing a key role in extending the value chain and minimizing waste to enhance product value.