The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is one of the first new-genereration free trade agreements (FTAs) to take effect, playing a vital role in Vietnam’s export growth, especially amid the impacts of the US’s tax policies, according to insiders.
Vietnam’s shrimp exports have surged to their highest level in three years, reaching more than 3.4 billion USD in the first nine months of 2025, a 22% year-on-year increase.
Vietnam’s economy may expand between 5.9% and 6.3% in 2025, outpacing the global average despite subdued external demand. The country's exports are estimated at 390–400 billion USD, maintaining their growth momentum, while public investment exceeding 7.2% of GDP will continue to support infrastructure and energy development.
The two sides discussed measures to promote cooperation in economy, trade, and investment, as well as coordination within regional and global frameworks such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
General Secretary of the Communist Party of Vietnam (CPV) Central Committee To Lam has expressed his appreciation for the active and consistent contributions of the UK’s All-Party Parliamentary Group for Vietnam (Vietnam APPG) to advancing Vietnam–UK relations across various fields.
During their meeting on October 27 on the sidelines of the 47th ASEAN Summit in Kuala Lumpur, Malaysia, the ministers highly valued the strong political and diplomatic ties between Vietnam and Canada, noting that bilateral trade has advanced in recent years but remains below the potential and strength of each side.
A trade promotion delegation from the Vietnam Textile and Apparel Association (VITAS), comprising nine enterprises, is attending the fair with the goal of expanding market access and maximising free trade agreement benefits. While the US has traditionally been Vietnam’s leading market, accounting for over 40% of total exports, recent tariff barriers have prompted many Vietnamese firms to seek new destinations.
Held at the Chamber of Deputies, the ceremony took place at a time when the two countries are celebrating the 50th anniversary of diplomatic relations (1975 – 2025), highlighting the growing role of parliamentary diplomacy in strengthening political trust and promoting cooperation across multiple fields.
Malaysia is Vietnam’s third-largest trading partner in ASEAN and ninth globally, as well as a key investor with 731 valid projects worth about 13 billion USD. Bilateral trade reached 9.23 billion USD by July 2025, up 8% year-on-year, nearing the 18 billion USD target.
Since the 2005 Joint Declaration of Cooperation, their relations have been upgraded to a Comprehensive Partnership (2009), a Strategic Partnership (2020), and a Comprehensive Strategic Partnership in February 2025. This marks not only a diplomatic milestone but also reflects growing strategic trust and political commitment as both countries enter a new phase of collaboration.
Vietnam is now Japan’s third-largest banana supplier, behind only the Philippines and Ecuador.
Speaking with the Vietnam News Agency ahead of the 30th anniversary of Vietnam’s ASEAN membership (July 28, 1995 – 2025), Tran Ba Phuc, Chairman of the Vietnamese Business Association in Australia and Vice Chairman of the Overseas Vietnamese Business Association, emphasised Vietnam’s active role in strengthening intra-regional solidarity and promoting peace, order, and stability in the region.
Mexico's Nuevo León leaders underscored the state’s keen interest in partnering with ASEAN – a region known for dynamic economic growth, a young population, an expanding middle class, and a growing role in global supply chains.
An official of the UK Department for Business and Trade identified green technology, fintech, health care, and many others as promising areas for deeper collaboration between Vietnam and the UK.
ASEAN is seeking to expand its membership in two key trade agreements - the Regional Comprehensive Economic Partnership (RCEP) and Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). To date, only four ASEAN countries are members of the CPTPP, namely, Brunei, Malaysia, Singapore, and Vietnam.
Looking forward, Hai revealed that the two sides are actively pursuing an upgrade in their relationship, beginning with a Comprehensive Partnership and aiming toward a Strategic Partnership.
The Vietnamese companies showcased a wide range of goods, from raw input materials for production chains to high-value processed food products.
Vietnam's tra fish exports continued its strong recovery in March, reaching 182 million USD, up 21% month-on-month and 16% year-on-year.
In 2024, two-way trade reached nearly 1.8 billion USD, with Vietnam’s exports, mainly seafood, coffee, rice, and cement, accounting for 1.4 billion USD.
Amid global economic restructuring and deeper regional cooperation, Vietnam–China economic and trade ties have grown significantly. with larger scale and major projects actively promoted, creating strong momentum for both nations' socio-economic development.