Hanoi (VNA) – State budget revenue from import-export activities in January decreased 11.7% year-on-year to over 27.66 trillion VND (over 1 billion USD), the General De🌳partment of Vietnam Customs reported on February 7.
The country's total trade value hit 63.25 billion USD in the month, down 3.3% compared to the same time of 2024. Exports fell 4% to 33.19 billion USD, while imports slid 2.6% to 30.06 billion USD, resulting in a trade surplus of 3.13 billion USD.
Smuggling and trade fraud cases rose 9.6%, particularly fireworks and consumer via the borders with China and Laos during the Lunar New Year holiday, and gold and currency smuggling cases detected in the Southwest border region. The value of the seized goods increased 19.4% year-on-year, the department said.
Drug trafficking remained a significant challenge, especially through international airports and postal services. Traffickers employed sophisticated concealment methods, hiding narcotics in candy packages, pet food, cosmetics, and animal products.
In response, customs authorities launched a special campaign targeting smuggling and counterfeit goods, handling 1,430 cases of customs law violations, with seized goods worth 1.46 trillion VND. As much as 95 billion VND was collected in fines./.
Vietnam's total state budget revenue for 2024 is projected to surpass 2.02 quadrillion VND (approximately 79.24 billion USD), marking an increase of 19.1% compared to the estimate, according to the Ministry of Finance.
The state budget revenue topped 1.8 quadrillion VND (71 billion USD) in the first 11 months of this year, equivalent to 106.3% of this year's target and up 16.1% from the same period in 2023, the Ministry of Finance reported on December 4.
The National Assembly passed a resolution on state budget allocation plan for 2025 with all 432 deputies present at the November 13 afternoon sitting voting in favour.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
