Trade between Vietnam and India in August picked up 12 percent from July, reaching 1.02 billion USD despite the complications from the COVID-19 outbreak, according to the Vietnamese Trade Office in India.
A worker at a firm specialising in electronic components (Illustrative photo: VNA)
New Delhi (VNA) - Trade between Vietnam and India in Augustpicked up 12 percent from July, reaching 1.02 billion USD despite thecomplications from the COVID-19 outbreak, according to the Vietnamese Trade Office in India.
Trade turnover stood at 6.08 billion USD in the January-August period, ayear-on-year decline of 24.4 percent. Vietnam shipped 3.12 billion USD worth ofgoods to India, down 34.2 percent, while importing 2.96 billion USD worth of Indian goods, up 4.9 percent against the same period lastyear.
Telephones and components continued to be the biggest earner for Vietnam in theperiod, bringing in 827.77 million USD, a year-on-year decline of 11.7 percent.Following were computers, electronic products, and components (542.39 millionUSD, down 32.3 percent) and machinery and tools (243.45 million USD, down 57.4percent).
Major imports from India inc☂luded steel products (832.75 million USD, up 61.5percent), machinery and components (210.78 million USD, down 32.5 percent),pharmaceutical products (172.4 m🔯illion USD, up 5.7 percent), and seafood(161.45 million USD, up 19.3 percent)./.
India’s The Diplomat newswire has run an article entitled “India – Vietnam relations: Strong and Getting Stronger” by scholar Rajeswari Pillai Rajagopalan from the Observer Research Foundation, saying that the two countries continue deepening their relationship.
The ASEAN-EU and ASEAN-India Ministerial Meetings were held virtually on September 12 within the framework of the 53rd ASEAN Foreign Ministers’ Meeting (AMM 53) and Related Meetings.
A webinar on the prospects for Vietnam-India tourism cooperation in the post-pandemic era was held on September 17, bringing together representatives from some 200 travel companies, hotels, and media agencies in the two countries.
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.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
A worker at a firm specialising in electronic components (Illustrative photo: VNA) 
