In his opening remarks, Minister of Industry and Trade Nguyen Hong Dien praised the achievements of the import-export business community, encouraging enterprises to remain flexible and innovative in production and business. He stressed the importance of effectively diversifying export markets to ensure sustainable medium- and long-term growth, while continuing to uphold national pride and strengthen Vietnam's position in global trade.
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Minister of Industry and Trade Nguyen Hong Dien, together with representatives of relevant agencies, launch the Vietnam Import-Export Report 2024. (Photo: tapchicongthuong.vn) |
The minister also instructed MoIT departments to work closely with business associations and enterprises to promptly address difficulties and obstacles, creating favourable conditions for production, business, and export to thrive.
Also on the same day, the MoIT launched the annual Vietnam Import-Export Report, the ministry’s official publication providing detailed insights into trade performance by commodity group and market, utilization of free trade agreements (FTAs), and trade management efforts.
According to the report, in 2024, Vietnam’s import-export sector rebounded strongly, supported by a more favorable macroeconomic environment, concerted efforts by the Government, ministries, and sectors, as well as the resilience of the business community.
The total trade turnover reached 786.9 billion USD, marking a 15.5% increase over 2023. Exports stood at 405.9 billion USD, up 14.4%, while imports amounted to 381 billion USD, up 16.7%.
In the first half of 2025, total trade turnover hit 432.1 billion USD, up 16.1% year-on-year. This robust trade growth has reaffirmed its critical role in national economic development, contributing to macroeconomic stability, generating employment, and serving as a key driver of innovation and technology transfer.
Source: VNA