Imports from the US are predicted to rise sharply in the coming months as large Vietnamese enterprises are accelerating purchases from the North American market in efforts to balance bilateral trade.

To meet the 2025 revenue target of 411 trillion VND, a 9.6% rise from 2024, the department has instructed regional customs offices to implement measures to boost revenue tailored to local conditions while preventing budget losses.

The Philippines was the top importer of Vietnamese rice in 2020, purchasing 2.22 million tonnes worth 1.06 billion USD, a year-on-year surge of 4 percent in volume and 19.3 percent in value, according to the General Department of Vietnam Customs.