Vietnam

Xuất nhập khẩu Việt Nam gần chạm 840 tỷ USD

VN Express | Local Language | News | Dec. 9, 2025 | UndeterminedTrade Issues and Numbers

Vietnam's total turnover of goods imports and exports in November reached nearly 77.1 billion USD, representing a 5.4% decline compared to the previous month but a 15.6% increase compared to November of the previous year. Export values fell by 7.1%, while imports dropped by 3.7%.

For the first 11 months of 2025, Vietnam's total import-export turnover amounted to 839.7 billion USD, a 17.2% increase from the same period last year. This marks the highest level ever recorded and the first time the country has surpassed the 800 billion USD mark. Export turnover reached about 430.1 billion USD, growing 16.1%, while imports totaled 409.6 billion USD, up 18.4%, resulting in a trade surplus of more than 20.5 billion USD.

Key products drove much of this growth, with 36 export items exceeding 1 billion USD in value and 8 surpassing 10 billion USD. On the import side, 47 items were valued over 1 billion USD, and 6 exceeded 10 billion USD. The United States remained the largest export market at 138.6 billion USD, while China was the main import partner with 167.5 billion USD.

At a government meeting on December 6, Minister of Industry and Trade Nguyễn Hồng Diên projected that total imports and exports for 2025 could reach 920 billion USD or more, positioning Vietnam among the top 15 countries worldwide in trade volume. To meet this target, the ministry plans to support businesses in leveraging free trade agreements and expanding both traditional and emerging markets with high growth potential.

Vietnam Net - E | English | News | Dec. 9, 2025 | Supply Chain Issues

Vietnam has culled over 1.23 million pigs in the past 11 months due to African Swine Fever (ASF), with additional losses from recent floods contributing to a significant reduction in pork supply. Ahead of Tet 2026, pork prices are rising sharply, with live pig prices currently at 59,000–63,000 VND/kg, up 7,000–10,000 VND/kg since late October. Market supply has halved compared to last Tet, primarily coming from large-scale farms as small household producers have largely exited the market.

ASF outbreaks and low live pig prices earlier in 2025 caused heavy losses for farmers, discouraging reinvestment and scaling back production. While prices dipped earlier in the year, a recent rebound is evident with prices hitting 62,000–63,000 VND/kg by early December. For Tet 2026, prices may reach 70,000 VND/kg due to increased seasonal demand and limited supply from small farms. Some supply constraints stem from small producers selling underweight pigs and hoarding by companies waiting for price gains, although government intervention is expected if prices rise excessively.

In response to ASF-related shortages, Vietnam has nearly doubled pork imports in the first ten months of 2025, reaching 159,400 tons valued at USD 358.3 million. Historically, pork prices increase in two phases before Tet—one month and one week prior—due to stockpiling by food producers and consumer demand. Despite rising prices, officials maintain that the current increase is manageable and the pig herd is recovering, with efforts underway to stabilize food supplies and control inflation ahead of Tet 2026.

Hơn 360.000 tỷ đồng vốn đầu tư công chờ giải ngân

VN Express | Local Language | News | Dec. 9, 2025 | UndeterminedBudgets-Budgeting

Vietnam's public investment capital disbursement for 2025 faces significant delays, with over 360,000 billion VND remaining unspent as the year-end deadline of January 31, 2026 approaches. So far, only about 61% (553,250 billion VND) of the more than 1 million billion VND plan has been disbursed, despite the amount disbursed being substantially higher than last year. This rate falls short of the government's target of 95-100% to support GDP growth of 8.3-8.5%.

Prime Minister Phạm Minh Chính has strongly criticized slow disbursement units and emphasized the urgency of this issue, labeling it a key political task tied to leadership accountability. There are currently 22 ministries and central agencies, along with 12 localities, performing below the national disbursement average. To boost spending, the Prime Minister urged removal of bottlenecks in site clearance and mine permitting and required weekly public disclosure of disbursement rates.

The government instructed ministries and sectors to review project progress urgently and to reallocate funds from underutilized areas to projects with higher disbursement potential. The Ministry of Finance is tasked with monitoring sluggish units and proposing flexible management solutions. Achievement of infrastructure targets includes completing 3,000 km of expressways, 1,000 km of coastal roads, and starting the Hanoi - Lào Cai - Hải Phòng railway. Public investment remains critical as seed capital for key infrastructure and as a driver for economic recovery and growth, with a 1% increase in disbursement potentially raising GDP by 0.058 percentage points during 2021–2025.