The U.S. market accounts for nearly 40 percent of Vietnam’s total wood export turnover, which was heard at a seminar on greening logistics and FIATA World Congress 2025 in Hanoi on July 10.

Vietnam needs to do more to attract sustainable foreign investment when many international corporations and businesses flock to the Southeast Asian country.

The Vietnam Trade Office in Singapore has advised Vietnamese exporters to carefully study and keep updated on new regulations in Singapore, a market that is becoming more cautious in trade policy, in order to further exploit this market.

The Malaysian Ministry of Investment, Trade and Industry said 14 Vietnamese companies have committed to sourcing Malaysian products, including electrical and electronics, palm oil, chemicals and petrochemicals.

Besides the factors of price, product quality and delivery time, green and sustainable development are competitive criteria that more and more markets are requiring from suppliers in Ho Chi Minh City as well as across the country.

According to General Director of the General Statistics Office Nguyen Thi Huong, in the context of many difficulties in the world economy, the export growth rate is slowing down, many businesses are facing a shortage of orders..., priority should be given to stimulating demand. Domestic consumption is considered an important solution to promote economic growth in 2024.

In the first six months of 2024, services continued to record decent growth, with several sectors such as logistics, accommodation and catering posting better growth than in the pre-pandemic period, supported by the strong travel demand during the summer months.

According to the Import – Export Tax Department (Ministry of Industry and Trade), Vietnam's rubber exports in June 2024 reached about 150 thousand tons, worth 238 million USD, up 77.6% in volume and 76.6% in value. Price compared to May 2024.

In the first half of this year, Vietnamese businesses spent $67 billion on imports from China and raked in $27.8 billion from exports to this market, respectively rising nearly 35 per cent and 5.3 per cent year-on-year.

Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Japanese Minister in charge of CPTPP Shindo Yoshitaka have pledged to work closely together to improve the effectiveness of the CPTPP implementation, aiming to bring greater benefits to businesses and citizens while also elevating the deal's role in global and regional trade.