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Vietnam’s Import-Export Growth 2024–2025: Strong Trade Performance Amid Global Challenges

10/09/2025

In the midst of global trade fluctuations, from geopolitical tensions to increasingly stringent non-tariff barriers, Vietnam has emerged as a bright spot in import and export activities. With decisive direction from the Government and the tireless efforts of the business community, trade has maintained strong growth, affirming its role as a vital pillar of the economy. Join Tin Thanh Phat in exploring Vietnam’s import-export performance in 2024 – 2025 in the article below.

Import-Export: A Key Driver of the Economy

Honoring the Import-Export Business Community

On August 1, 2025, in Hanoi, the Import-Export Department (Ministry of Industry and Trade) organized the event “Vietnam Import-Export: Recognition – Announcement – Connection – Cooperation.” The event recognized the contributions of enterprises while also outlining directions for trade development amid deeper international integration.

Results of 2024 and the First Half of 2025

  • 2024: Total trade turnover reached USD 786.9 billion, up 15.5% from 2023.

    • Exports: USD 405.9 billion (+14.4%).

    • Imports: USD 381.0 billion (+16.7%).

  • First 6 months of 2025: Total trade reached USD 432.1 billion, up 16.1% year-on-year.

    • Exports: USD 219.9 billion (+14.5%).

    • Imports: USD 212.2 billion (+17.9%).

These figures confirm that import and export activities continue to be a main growth engine of Vietnam’s economy.

Challenges from the Global Trade Environment

A Volatile Global Context

According to Minister Nguyen Hong Dien, Vietnam faces multiple challenges:

  • Strategic competition among major economies.

  • Disruptions in global supply chains due to geopolitical instability.

  • Rising trade protectionism, technical barriers, and strict environmental standards.

Impact on Vietnam

As a highly open economy, Vietnam is directly affected by these obstacles, requiring timely, flexible, and strategic responses.

import-export

Ministry of Industry and Trade’s Response Solutions

Connecting Supply and Demand – Promoting Trade

  • Strengthen domestic and international business linkages.

  • Enhance market information and remove technical barriers.

Expanding Export Markets

  • Maintain traditional markets while exploring new ones.

  • Organize trade promotion and consumption events, with direct participation of the Prime Minister.

Three Strategic Solutions for Breakthrough

  1. Improving Policies and Trade Promotion

  • Incorporating FTA commitments into domestic law.
  • Expanding cross-border e-commerce.
  • Enhancing trade defense capacity and early warning systems.

  1. Supporting Production and Market Access

  • Addressing enterprise difficulties through coordination.
  • Negotiating to open new markets for agricultural and seafood products.
  • Prioritizing credit for import-export sectors.

  1. Enhancing Enterprise Competitiveness

  • Staying close to market trends and responding flexibly.
  • Promoting official exports and brand building.
  • Participating in policy discussions and FTA negotiations.

Vietnam Import-Export Report 2024 A Handbook for Enterprises

Report Content

The report, released by the Ministry of Industry and Trade, covers:

  • Import-export performance by product groups and markets.

  • Effectiveness of FTA utilization.

  • Government management and enterprise support activities.

Practical Significance

Over 8 years of publication, the report has become an essential resource, providing transparent and systematic information for policymakers, associations, and businesses.

Minister Nguyen Hong Dien emphasized:
“This report will serve as an important handbook, helping businesses seize opportunities and promote sustainable exports.”

Conclusion

Despite global trade uncertainties, Vietnam’s import and export activities in 2024 – 2025 have maintained strong momentum, continuously setting new records and remaining a cornerstone of the national economy. With decisive leadership from the Government and Ministry of Industry and Trade, along with the relentless efforts of the business community, Vietnam’s trade is expected to continue making breakthroughs and contributing significantly to sustainable economic growth in the coming years.

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