The UK’s exports of goods to Việt Nam grew by 9.9 per cent last year, and the country is aiming to maintain this momentum in 2025.

Vietnam’s textile sector, comprising around 7,000 companies and over 3 million workers, dedicates 80% of its production capacity to exports and 20% to domestic consumption. The industry’s growth is supported by a well-developed logistics network, a skilled workforce, and a stable political environment.

Vietnam’s rice exports to the Philippines reached record highs in 2024, solidifying the country’s position as the leading rice supplier.

Export markets, such as South Korea and Japan, have their own regulations and do not ask for the conformity certification mandated by the Vietnamese government, leaving local businesses with extra costs and time wasted on paperwork.

President Donald Trump said tariffs scheduled to hit Canada and Mexico next month were “on time” and “moving along very rapidly” following an initial delay, even as a US official cautioned the schedule could be less certain.

The Trump administration took aim at China with a series of moves involving investment, trade and other issues that raises the risk ties may soon worsen between the US and its top economic rival.

Since January 2025, the market departments of the Ministry of Industry and Trade (MoIT), together with Vietnamese trade offices abroad, have developed plans and proposed solutions to promote bilateral trade cooperation with partners and open up export markets for domestic goods.

Việt Nam will ramp up efforts to meet the European Union’s (EU) stringent food safety regulations, ensuring that its agricultural products continue to thrive in one of global large markets.

In the long-term, enterprises hope that the Government will manage exchange rates flexibly to benefit exports and prioritise reasonable loan quotas for agricultural exports as domestic raw material prices increase.

The EU is already ASEAN's third largest trade partner, and they have free trade agreements with two ASEAN members, and four more are under negotiations