Vietnam’s exports to Americas exceed 8 billion USD in January
Vietnam exported goods worth 8.21 billion USD to the Americas in January and spent 1.64 billion USD on imports from this market, resulting in a trade surplus of 6.56 billion USD, according to the Ministry of Industry and Trade (MoIT).
Vietnam exported goods worth 8.21 billion USD to the Americas in January and spent 1.64 billion USD on imports from this market. (Photo: VNA)
Hanoi (VNA) – Vietnam exported goodsworth 8.21 billion USD to the Americas in January and spent 1.64billion USD on imports from this market, resulting in a trade surplus of 6.56billion USD, according to the Ministry of Industry and Trade (MoIT).
The United States remains Vietnam’s leading tradepartner in the region with Vietnam’s exports and imports to the market reaching7.2 billion USD and 860 billion USD, respectively. It was followed by Canadawith about 360 million USD and 45 million USD, res🐽pectively.
Trade between Vietnam and the Americas totalled 153.9billion USD in 2022, up 10.7% compared to 2021, the MoIT said. Of which, Vietnam’s exports to the market were valued at 128.2 billion USD, an increase of 12.4% year-on-year while imports were worth 25.7 billionUSD, up 3%.
Notably, trade with all major markets in the region recorded stable export growth, with an 11% increase in trade with the US, 6.6% with Brazil, 16.5% with Canada, 7.1% with Mexico, 9% with Chile, and 8.3% with Argentina.
Enterprises boost the export of goods since the first month of the year. (Photo: VNA)
Thanks to free trade agreements (FTAs), such as the Comprehensiveand Progress Agreement for Trans-Pacific Partnership (CPTPP) and theVietnam-Chile Free Trade Agreement (VCFTA), Vietnam’s exports to four CPTPP member countries in the region, namely Canada,Mexico, Chile and Peru, went up 8.7% compared to 2021 to hit 13.1 billion USD in 2022. Strong growth was also recorded in the MERCOSUR bloc, known as theCommon Market of the South, which includes Brazil, Argentina, Uruguay andParaguay, with the two-way trade surging by 9.2% to more than 12 billion USDlast year./.
Two years after it came into effect, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has helped Vietnam significantly boost its exports to other member nations and open the door to members in the Americas, which are bursting with potential, Deputy Minister of Industry and Trade Do Thang Hai told a seminar in Hanoi on April 27.
The Ministry of Industry and Trade will focus on solutions to tighten Vietnam’s economic and trade relations with European and American partners, Minister Nguyen Hong Dien has affirmed.
The Trade Promotion Agency under the Ministry of Industry and Trade (MoIT) will collaborate with relevant agencies in carrying out measures to help enterprises expand their shares in foreign markets, said Vu Ba Phu, head of the agency.
Vietnam’s exports to the European and American markets will continue to benefit from free trade agreements (FTAs) that Vietnam signed with partners in the regions, said Ta Hoang Linh, Director of the Europe-American Market Department under the Ministry of Industry and Trade.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
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.
Vietnam exported goods worth 8.21 billion USD to the Americas in January and spent 1.64 billion USD on imports from this market. (Photo: VNA) 
Enterprises boost the export of goods since the first month of the year. (Photo: VNA) 
