VIETNAM ENTERS TOP 15 GLOBAL TRADERS AS IMPORT-EXPORT TURNOVER TOPS US$920 BILLION
Vietnam’s total import-export turnover reached a record high of more than US$920 billion last year, up 16.9% year-on-year, lifting the country into the world’s top 15 trading economies, Nguyen Anh Son, director general of the Agency of Foreign Trade under the Ministry of Industry and Trade, said. The achievement highlighted the crucial role of external trade in driving economic growth and underscored Vietnam’s deepening integration into global value chains, Son said in an interview with Tuoi Tre newspaper.
CHINA IMPORTS JUMP 28%, ACCOUNTING FOR OVER 40% OF VIETNAM’S TOTAL IMPORT VALUE
According to Vietnam Customs, Vietnam imported goods worth US$167.5 billion from China in the first 11 months of 2025, up 28.1% year-on-year, equivalent to an increase of US$36.79 billion. The agency estimated that full-year imports from China would exceed US$182.5 billion, rising by nearly US$39 billion from 2024. China remained Vietnam’s largest source of imports by a wide margin, far outpacing other suppliers.
VIETNAM’S FRUIT AND VEGETABLE EXPORTS HIT RECORD US$8.6 BILLION IN 2025
Exports began to recover from June 2025 as durian shipments resumed. Growth accelerated between August and October during the peak harvest season in the Central Highlands, helping the sector regain momentum. Alongside durian, exports of bananas, mangoes and jackfruit posted steady gains, while pomelo and coconut emerged as new growth drivers.
VIETNAM’S RETAIL MARKET HITS US$269 BILLION
Vietnam’s retail market is estimated to have reached US$269 billion in 2025, up 9–10% year-on-year, reflecting a clear recovery in domestic consumption and continued rapid growth in e-commerce, according to the Ministry of Industry and Trade. The estimate was released in the Vietnam Domestic Market Report 2025 by the Department of Domestic Market Management and Development, which reviews market performance and outlines prospects for the 2025–2030 period.
HCMC TOURISM POSTS STRONG REVENUE GROWTH IN 2025
HCMC’s tourism sector generated around VND279 trillion in revenue in 2025, continuing strong growth and strengthening the city’s position as Vietnam’s top tourism hub. The figures were released during the annual review conference held by the HCMC Department of Tourism on December 30. The event also outlined key priorities for 2026, local media reported.
COMPUTERS AND ELECTRONICS TOP VIETNAM’S IMPORT REVENUE
According to preliminary data from the General Department of Vietnam Customs, imports of this product group are expected to total US$149.4 billion by the end of 2025, up about US$42.3 billion from 2024. This marks the largest import value ever recorded for a single commodity group. By comparison, exports of computers, electronic products and components are estimated at more than US$106 billion in 2025.
HANOI POSTS RECORD BUDGET REVENUE OF OVER VND700 TRILLION IN 2025
Hanoi City reported record-high state budget revenue of VND704.6 trillion in 2025, up more than 37% from the previous year, according to the city’s official portal. This marked the first time the capital’s annual budget revenue surpassed the VND700-trillion mark. The figure also exceeded the assigned estimate by more than 37%, making Hanoi the second-largest budget contributor nationwide after HCMC, which collected over VND800 trillion.
VIETNAM’S GDP GROWS 8.02% IN 2025
Vietnam’s economy expanded by 8.02% in 2025, marking the second-fastest growth rate in the 2011–2025 period, driven mainly by services and industrial production, official data showed on January 5. According to the National Statistics Office under the Ministry of Finance, gross domestic product (GDP) grew 8.46% year-on-year in the fourth quarter of 2025, the strongest quarterly performance since 2021.
