Vietnam posted a trade surplus of 2.41 billion USD with the Philippines in the first eight months of 2024, according to the General Department of Vietnam Customs.

Viettel High Technology Industries Corporation (VHT), a subsidiary of the Viettel Military Industry and Telecoms Group (Viettel Group) has signed a contract worth nearly 2 million USD with ContactPoint, Inc. of the Philippines to provide a firearm training simulation system to the Philippine National Police (PNP).

Agriculture ministers of Vietnam and the Philippines have agreed to establish a rice industry alliance between the two countries and upgrade the trade relationship to an investment partnership in the rice industry.

Vietnam Airlines has inaugurated a route between Vietnam and the Philippines, making it the first Vietnamese carrier to establish a direct connection to the island nation.

Vietnamese EV maker VinFast on May 31 announced the signing of cooperation agreements with the first four Philippine dealers, paving the way for a strong retail network and solidly establishing the company's presence in the Southeast Asian country's electric vehicle market.

Given its large population, diverse demand for goods and services, not too strict import standards, and production complementarities, the Philippines is a high potential market for Vietnamese exports, said the Trade Office of Vietnam in the archipelago nation.

The Vietnamese Government commits to accompanying and creating favourable conditions for Philippine enterprises to land successful, sustainable and long-term investment in Vietnam in accordance with the country’s regulations, Prime Minister Pham Minh Chinh said on January 30.

The Mekong Delta city of Can Tho hopes to attract Philippine investments to agro-aquatic product processing, and organic and hi-tech agriculture, and its industrial parks, Vice Chairman of the municipal People’s Committee Nguyen Thuc Hien told Philippine Ambassador to Vietnam Meynardo Los Banos Montealegre on November 3.

Philippine tourists were the biggest spenders in Vietnam last year, according to the Statistical Yearbook 2022, recently released by the General Statistics Office.

The Department of Trade and Industry (DTI) of the Philippines has initiated a safeguard investigation on imported liquefied petroleum gas (LPG) steel cylinders, according to the Trade Remedies Authority of Vietnam (TRAV) under the Vietnamese Ministry of Industry and Trade.

Chairman of the Vietnamese National Assembly Vuong Dinh Hue on November 24 reiterated the goal of lifting two-way trade between Vietnam and the Philippines to 10 billion USD in a more balanced manner by 2026 when they celebrate the 50th anniversary of diplomatic ties.

The Vietnam Cement Industry Corporation (VICEM) will ship a total of 6 million tonnes of cement and clinker to the Philippines from 2023-2025, as its demand for construction materials of various kinds is huge.

There is no safeguard measure imposed by the Philippines on the importation of Linear Low-Density Polyethylene (LLDPE) Pellets and Granules from various countries, including Vietnam, the Vietnamese Ministry of Industry and Trade (MoIT) has announced.

The Philippines Department of Trade and Industry (DTI) has announced that it will suspend three safeguard investigations on some imported steel products, according to the Trade Remedies Authority of Vietnam (TRAV) under the Ministry of Industry and Trade.

Vietnam's rice exports to the Philippines still won a lion share of 87 percent in the first half of this year.

The Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade has sent a consultation letter to the Philippines’ Department of Trade and Industry asking it to exclude Vietnam from three safeguard investigations on some steel products.

Vietnam has won a tender offered by the Philippines to export 60,000 tonnes of rice to the partner country at a higher price than that of countries which won the bids.

Vietnam shipped 884.94 million USD worth of rice to the Philippines in 2019, a year-on-year rise of 92.58 percent, according to the General Department of Customs.

Truong Hai Auto Corporation (Thaco) held a ceremony in the central coastal province of Quang Nam on December 28 to hand over 15 Vietnamese branded buses for export to the Philippines.

A Vietnam – Philippines business matching took place in Hanoi on September 6 to help Vietnamese enterprises explore opportunities to export goods and services to the Philippines.