WOOD AND WOOD PRODUCT EXPORTS CONTINUE TO GROW AMID TARIFF UNCERTAINTY
In the face of global trade turbulence caused by sudden tariff changes in the US and shifts in global supply chains, Việt Nam’s wood and wood product exports have managed to maintain positive momentum. However, the industry is still confronting mounting challenges that demand adaptability and proactive efforts to build domestic resilience.
FRUIT AND VEGETABLE EXPORTS REACH OVER $3.8 BILLION IN SEVEN MONTHS
Việt Nam’s fruit and vegetable exports are expected to reach over US$3.8 billion in the first seven months of 2025, showing a strong recovery after a sharp decline earlier this year, according to preliminary data from the Ministry of Agriculture and Environment. July alone is expected to see an estimated export revenue of around $731.4 million, up 33 per cent year-on-year, although slightly down from June.
CHINA BECOMES VIETNAM’S TOP SEAFOOD BUYER IN H1
China overtook the U.S. as Vietnam’s largest seafood importer in the first half of this year, with a total value of US$1.1 billion, up over 45% year-on-year. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the U.S. imported around US$905 million worth of seafood from Vietnam in January-June, up nearly 18% year-on-year.
VIETNAM LOOKS TO 8.3-8.5% ECONOMIC GROWTH IN 2025
The Government has set an ambitious target for Vietnam to achieve a growth rate of 8.3-8.5% this year, aiming to build strong momentum and lay a solid foundation for reaching double-digit growth between 2026 and 2030. Today morning (July 16), Prime Minister Pham Minh Chinh chaired an online Government conference with local authorities to discuss economic growth scenarios for 2025 and the key tasks and solutions needed to achieve the growth target.
VIỆT NAM TARGETS US$4.5 BILLION IN CASHEW EXPORTS FOR 2025
Việt Nam is aiming to export cashews worth US$4.5 billion in 2025, up 2.7 per cent year-on-year, according to the Ministry of Agriculture and Environment. To hit this target, the sector must generate around $2.2 billion in the second half. Figures from the first six months show cashew exports reached 346,800 tonnes, earning $2.36 billion, a drop of 2.7 per cent in volume but a surge of 20.4 per cent in value annually.
FDI INFLOWS ON TRACK FOR 2025 SCENARIO
Total foreign direct investment poured into Vietnam in the first half of 2025 reached more than $21.51 billion, marking a 32.6 per cent increase compared to the same period in 2024, according to the Foreign Investment Agency under the Ministry of Finance. The figure includes newly registered, adjusted, and contributed capital.
HCM CITY SEES STRONG RECOVERY IN INDUSTRIAL PRODUCTION
The Index of Industrial Production (IIP) of HCM City increased 8.6 per cent in the first half of 2025, indicating positive growth amid global trade and economic uncertainty. Manufacturing and processing grew by 8.8 per cent, electricity production and distribution by 1.5 per cent and water supply and waste treatment by 2.3 per cent.
BẮC NINH RANKS SECOND NATIONWIDE IN FDI ATTRACTION
According to the provincial People’s Committee, total investment capital into the province from the start of the year has reached approximately US$12.04 billion. Of the total, $943.7 million came from 186 newly licensed FDI projects and $2.43 billion from 141 capital-added projects, along with the remainder from new and existing domestic projects.
