Business

Vietnam’s export turnover predicted to hit 900 bln USD in 2025

The foreign trade remained a bright spot of the economy in the first nine months of 2025, with total turnover reaching 680.6 billion USD, up 17.3% year-on-year.

Quang Ninh province's customs officers inspect export goods at Bac Luan international border gate. (Photo: VNA)
Quang Ninh province's customs officers inspect export goods at Bac Luan international border gate. (Photo: VNA)

Hanoi (VNA) - Vietnam’s total import-export turnover in 2025 is expected to reach a new milestone of around 900 billion USD, heard a regular press conference held by the Ministry of Industry and Trade (MoIT) in Hanoi on October 8.

The foreign trade remained a bright spot of the economy in the first nine months of 2025, with total turnover reaching 680.6 billion USD, up 17.3% year-on-year.

son.png
Bui Huy Son, General Director of the MoIT’s Department of Planning, Finance and Enterprise Management, speaks at the press conference in Hanoi on October 8, 2025. (Photo: VNA)

Bui Huy Son, General Director of the MoIT’s Department of Planning, Finance and Enterprise Management, reported that the exports in the third quarter rose by 18.4% year-on-year and 9.6% from the second quarter of the year, reaching 128.57 billion USD.

The export turnover totaled 348.74 billion USD in the first nine months, up 16% over the same period last year, far exceeding the 12% growth target set for the whole year.

In the January – September period, 32 export items each earned over 1 billion USD, accounting for 93.1% of total export turnover. Notably, the value of seven items surpassed 10 billion USD, making up 67.9%. The US, China, the EU, ASEAN, and Japan remained major importers of Vietnamese goods.

The processed industrial sector made the biggest contribution to Vietnam’s export growth in the period, with export earnings reaching 297.2 billion USD, up 16.7% year-on-year and accounting for 85.2% of total exports.

In addition, agricultural export value was estimated at 33.2 billion USD, up 15.2% and accounting for 9.5% of the country’s total export value.

Meanwhile, the country spent nearly 332 billion USD on imports in the first three quarters, up 18.8% year-on-year. The domestic sector accounted for 105.67 billion USD (up 4.6%), while the foreign-invested sector contributed 226.25 billion USD (up 26.8%).

China remained the largest supplier with 134.4 billion USD, up 27.9%. It was followed by the Republic of Korea with 44.4 billion USD, up 7%; ASEAN (39.1 billion USD, up 14.5%), Japan (18.2 billion USD, up 13.2%), and the US (13.7 billion USD, up 23.6%).

According to the MoIT, Vietnam enjoyed a goods trade surplus of 16.8 billion USD in the first nine months, making an important contribution to macroeconomic stability and foreign exchange reserves./.

VNA
#foreign trade #import-export turnover #Vietnam
Follow VietnamPlus

Post-pandemic recovery

International integration

Related News

Pepper export turnover surges 27.6% during the first nine months of 2025. (Illustrative photo: VNA)

Pepper export turnover surge 27.6% in nine months

In September alone, the country exported 20,487 tonnes of pepper, earning 136.3 million USD, representing a strong increase of 19.5% in volume and 23.2% in value compared to the same period last year.

Textile export turnover hits 44 billion USD in 2024

Textile export turnover hits 44 billion USD in 2024

According to the Vietnam Textile and Apparel Association, Vietnam's textile and garment industry has fulfilled its 44-billion-USD export turnover target in 2024. The US remains the largest export market with an estimated export turnover of 16.71 billion USD, up 12.33% and accounting for 37.98% of the total turnover, followed by Japan, EU, the Republic of Korea, China, and ASEAN.

See more

Nguyen Tuan Anh, Deputy Secretary of the municipal Party Committee, holds a working session with a consortium of China Harbour Engineering Company (Vietnam) and Shenzhen Energy Group on March 26, 2026. (Photo: VNA)

Can Tho city courts global investors to accelerate energy ambitions

Rising interest from major global players underscores Can Tho city’s growing appeal as an investment destination. Clean energy, particularly wind power, has been identified as a strategic pillar to drive socio-economic growth while strengthening energy security across the Mekong Delta.

Visitors savor freshly prepared dishes on-site at the “Discover US Agriculture” programme, held on July 19, 2025 in Ho Chi Minh City. (Illustrative photo: VNA)

Vietnam, US work to step up agricultural cooperation

Vietnam has strengths in tropical farm produce, seafood and wooden products, while the US is a major supplier of key inputs such as soybeans, corn, wheat and dairy products. This trade structure creates a balanced supply chain with little direct competition, delivering tangible benefits to businesses and consumers in both countries.

Deputy Prime Minister Tran Hong Ha speaks at the opening ceremony of the Vietbuild Hanoi International Exhibition 2026 on March 26. (Photo: VNA)

Vietbuild Hanoi 2026 International Exhibition opens

The five-day event, themed “Construction – Building Materials – Real Estate – Green Transport”, brings together more than 2,500 booths from domestic and international enterprises, reflecting the development momentum of Vietnam’s construction sector and the broader economy.

An overview of the International Coffee Conference 2026 (Photo: VNA)

Global Coffee Alliance launched to drive sustainable, inclusive growth

The Global Coffee Alliance is envisioned as a public–private partnership that bridges diplomatic efforts with business operations. Looking ahead to 2040, it aims to develop a global coffee ecosystem that is inclusive, technology-driven, and aligned with net-zero emissions goals.

At Dung Quat oil refinery (Photo: VNA)

Vietnam races to restart idle ethanol plants to meet surging demand

Do Van Tuan, Chairman of the Vietnam Biofuels Association, said that monthly ethanol demand for the E10 blend is projected at 92,000–100,000 cu.m. The country’s six ethanol plants have a combined design capacity of roughly 41,000 cu. m per month, but only three are now running, churning out about 25,000 cu.m, or just 25–27% of demand. Even if every plant hits full tilt, local supply would cover only around 41% of national needs.

At a supermarket in Ho Chi Minh City (Photo: VNA)

Ho Chi Minh City to pilot pork trading on Mercantile Exchange of Vietnam

Nguyen Nguyen Phuong, Deputy Director of the municipal Department of Industry and Trade, said listing pork on the MXV will finally give consumers and firms more stable prices, while slapping on stricter food safety rules and making it easier to track where the meat actually comes from. Farmers, meanwhile, stand to gain from more predictable margins and dodge fewer of the supply-demand imbalances that routinely distort prices.

Processing octopus for export to the Japanese market at Huy Nam Company in An Giang (Photo: VNA)

Squid, octopus exports pick up early in 2026

In terms of product structure, squid has emerged as the main growth driver. Export turnover of squid exceeded 64 million USD, rising nearly 30%, while octopus exports brought in more than 47 million USD, up over 16%. The development indicates that demand for squid products is recovering faster in the short term.

The world’s longest over-sea cable car to Hon Thom Island in the Phu Quoc special zone, An Giang province. (Photo: VNA)

An Giang steps up tourism development ahead of APEC 2027

Tourism in the province has recorded strong growth, affirming its position as one of the region’s leading destinations. Phu Quoc Island continues to attract the majority of international travellers, receiving more than 817,660 visitors, accounting for over 98.5% of total foreign arrivals to the province.

Import-export activities at Lach Huyen international port in Hai Phong (Photo: VNA)

Reducing risks, removing logistics bottlenecks amid Middle East volatility

According to Truong Xuan Trung, Trade Counsellor of Vietnam in the UAE, the Middle East serves not only as a consumption market but also as a key global transhipment hub, meaning instability in the region creates ripple effects across intercontinental transport networks. Shipping route adjustments and airspace restrictions have lengthened transit times, increased costs and disrupted delivery schedules, with some Vietnamese shipments forced to reroute or seek alternative markets.

Cargo is handled at container terminals No. 3 and No. 4 of Hai Phong International Gateway Port. (Photo: VNA)

Businesses seek “survival momentum” amid global geopolitical turbulence

This is an urgent move as the challenges of 2026 differ markedly from previous ones, shaped by overlapping external shocks ranging from geopolitical tensions disrupting supply chains to surging logistics and raw material costs, exchange-rate pressures, and increasingly complex tariff barriers in global markets.

At the 2025 trade connectivity week for mechanical, electrical and digital industries. (Photo: VNA)

Ho Chi Minh City gives boost to supporting industry firms

Supporting industry firms in Ho Chi Minh City are scrambling to embed themselves more deeply into both global and domestic supply chains, backed by a suite of local incentives that are speeding up their tech upgrades and market access.

Italy's national pavilion at the ongoing Food & Hospitality Vietnam 2026 exhibition at Ho Chi Minh City's Saigon Exhibition and Convention Centre (SECC) draws visitors for hands-on experiences. (Photo: IVNA)

Italian food firms eye opportunities in Vietnam

Italy’s exports of food and beverages to Vietnam reached 105.1 million EUR in 2025, up 4% year-on-year, positioning the country among the leading EU suppliers to the Vietnamese market.

An overview of the working session (Photo: baoquangninh.vn)

Quang Ninh promotes all-round cooperation with Guangxi Zhuang Autonomous Region

Quang Ninh encourages Guangxi enterprises to invest in high-tech marine aquaculture and expand aquatic product exports in China. At the same time, the province aims to develop livestock farming in line with international standards and attract investment in deep-processing plants for agricultural products such as cinnamon, star anise and tea, linked with traceability systems at border gates.

Illustrative image (Source: VNA)

Vietnam becomes fastest growing market for Norwegian salmon in Southeast Asia

The Norwegian Seafood Council (NSC) reported at the “Norwegian seafood industry in Vietnam market 2026” event held in Ho Chi Minh City on March 25 that fresh Norwegian salmon exports to Vietnam jumped 16% in volume in the first two months of 2026 compared with a year earlier, while frozen salmon shipments surged about 37%.