Việt Nam now ranks third among countries, with the largest trade surplus with the US, after only China and Mexico. Strong export growth to the US is recorded through items such as wooden furniture, machinery, optical equipment, medical measurement, office machines, printers, hand tools and hydraulic pneumatics, footwear, rubber and rubber products besides plastics and plastic products, iron and steel.

Green growth and sustainable development continue to be a prominent trend in the garment industry in 2025. This is a pressure but also brings opportunities for businesses.

According to the Vietnam Tea Association, Vietnam is currently the fifth largest tea producer and exporter in the world. However, Vietnam’s average tea export price is only 65% of the leading tea-exporting countries’ average price and 55% of that of India and Sri Lanka. Therefore, improving product quality to create a new export identity is a challenge for Vietnam’s tea industry.

Việt Nam is the 13th largest tuna product supplier to the UK, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

E-commerce stands out as a promising channel to further enhance Việt Nam’s trade presence in this dynamic market. The United Kingdom (UK) is rapidly emerging as an attractive export destination for Vietnamese goods, fuelled by the Việt Nam – UK Free Trade Agreement (UKVFTA).

Vietnam’s garment-textile export value is expected to reach 44 billion USD in 2024, marking an 11.26% increase from 2023, according to the Vietnam Textile and Apparel Association (VITAS).

The Ministry of Commerce (MoC) and the Ministry of Trade, Industry and Energy of the Republic of Korea (MOTIE) Saturday jointly organised a business event to strengthen bilateral relations by fostering strategic trade partnerships and enhancing the Kingdom’s investment potential.

Trade between Cambodia and Vietnam reached $7.08 billion in the January to November period of the year, a rise of 20.6 percent, even as the neighbouring country consolidated its position as the second-biggest export market of the Kingdom, next only to the United States.

A delegation from the Vietnamese Embassy in Bangladesh and a group of Vietnamese businesses led by Ambassador Nguyen Manh Cuong visited and worked with government agencies and business partners in Sylhet city of Moulvibazar province, and Habiganj province.

India is likely to impose a "safeguard duty" or temporary tax of up to 25% on steel imports, industry and government sources said, to help to curb cheap imports from top producer China.