The city’s total import-export turnover reached US$60.1 billion in 2024, up 11% year-on-year.

The city will continue to support businesses in exploring new markets, capitalizing on the Free Trade Agreement of which Vietnam is a member.

Local consumers prefer shopping options that offer convenience and assurance of product origin.

On February 1, a forum held in Sydney discussed about Vietnamese and Australian trade opportunities that will be created by the Trans-Pacific Partnership (TPP) Agreement.

The Government held its regular press briefing in Hanoi on January 29 under the chair of Prime Minister Nguyen Tan Dung.

Becoming standard practice for many years, on the occasion of Tet, Spring Fair to be held at Giang Vo Exhibition and Fair Centre, Hanoi with many items from different enterprises in the country. This is an opportunity for businesses, distributors to boost trade promotion activities.

Vietnam shipped abroad phones and phone components worth US$30.18 billion last year, up 27.9% from a year earlier, according to the General Department of Customs.

Of more than 200 countries and territories that Vietnam had trade relations with last year, there were 29 countries that the country had export turnover of more than US$1 billion.

The rate of exports in 2015 increasing by 8.1% compared with 2014 have been attributed by the National Trade Promotion Programme, however, in 2016, the programme need to be more effective, aiming to help businesses seek markets and expanding their relationships with foreign partners.

Vietnam and the EU finished their fifth round of negotiations on the Voluntary Partnership Agreement (VPA) on Forest Law Enforcement, Governance and Trade, with sound outcomes, as heard during a press conference held on January 22.

Many domestic producers have moved their markets to rural areas as local fast-moving consumer goods (FMCG) firms are facing severe competition with imported products in urban areas.

Logistics trading is not provided adequate conditions for development in Vietnam though it is considered a cash cow sector, Nguyen Cam Tu, Deputy Minister of Industry and Trade, said. International logistics cooperation is essential for Vietnam, especially in the context of global integration and ASEAN Economic Community.

The Trans-Pacific Partnership (TPP) agreement will provide economic impetus predominantly to Vietnam, Japan and Malaysia among other parties to the deal by 2030, according to a Global Economic Prospects report recently released by the World Bank Group (WBG).

Minister of Agriculture and Rural Development Cao Duc Phat said at a conference in Hanoi on January 5 to review the sector’s 2015 performance that the export turnover of the agro-forestry-fisheries products reached 140.6 billion USD in the 2011 to 2015 period, a growth rate of 9% year-on-year.

Vietnam`s gross domestic product was expected to have grown 6.2 percent in 2015, driven mostly by industrial expansion and growth in construction and services.

The ASEAN Economic Community (AEC) officially came into being on December 31, opening up opportunities for more intensive cooperation in various areas among member countries.

Vietnam, more than most countries, relies heavily on international trade as a pillar of its economy. The Ministry of Industry and Trade (MoIT) has pledged to help the nation’s businesses increase foreign trade.

In the atmosphere of Christmas Day and Tet Holiday that are coming, a myriad of promotional programmes have been launched by supermarket chains to serve consumer demand.

A free trade agreement between Vietnam and the Republic of Korea (RoK) is set to come into effect on December 20, 2015, reports the Ministry of Planning and Investment.

On December 16, at a reception for President of the French National Assembly’s Foreign Affairs Committee Elisabeth Guigou in Hanoi, President Truong Tan Sang asked for more efforts from both Vietnam and France to raise two-way trade above the current nearly 3 billion USD level.

On December 16, Vietnam-China international tourism trade fair 2015 officially opened at the Center of Culture, Sports of Mong Cai City in the northern province of Quang Ninh (Mong Cai, Vietnam - Dong Xing - China).

KTĐT - An online meeting to review the performance of the National Steering Committee on fighting smuggling, trade fraud and counterfeit in 2015 was held in Hanoi on December 11. Deputy Prime Minister (PM) Nguyen Xuan Phuc, who is also head of the committee, chaired the event.

Russian news website Lenta.ru reported that Vietnam has set a world record on the number of free trade agreements (FTA) signed with foreign partners in one year, quoting a remark by an expert of the Russian International Affairs Council (RIAC).