Vietnam is currently experiencing a significant trade surplus with the US, but experts caution that its exports may face increasing challenges in the coming time.

The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.

Vietnam’s exports to the U.S. are forecast to rise in 2025, though there may be challenges caused by Donald Trump’s trade policies, the Ministry of Industry and Trade said at a recent seminar in Hanoi.

The export of Vietnamese seafood is anticipated to grow by 10 – 15% in 2025, building on gains recorded in 2024, according to the Vietnam Association of Exporters and Producers (VASEP).

China imports over 90 per cent of Việt Nam's durians, but recently, fraudulent activities involving planting area codes and packaging facility codes have emerged.

The total export turnover of agricultural, forestry, and fishery products reached a record high of 62.5 billion USD in 2024, an 18.7% increase compared to 2023, announced by the Ministry of Agriculture and Rural Development (MoARD). The record trade surplus of these industries also hit a new record of 17.9 billion USD, marking a 46.8% growth.

The BRICS bloc, a coalition formed by Brazil, Russia, India, China, and South Africa, is broadening its reach as it seeks to challenge the dominance of the US dollar and reshape global financial and economic systems.

Cambodian pepper exports to China are set to experience a significant surge in 2025 as numerous exporting firms are ramping up their efforts to penetrate the Chinese market.

Vibrant economic diplomatic activities in 2024 have contributed to creating a firm foundation for Vietnam and Singapore to upgrade their relations to a comprehensive strategic partnership level, according to Cao Xuan Thang, Trade Counsellor and head of the Vietnam Trade Office in Singapore.

The fruit and vegetable industry has been told to set national standards for key export products to ensure robust growth over the coming years, according to insiders.