Bilateral trade ties between Vietnam and other ASEAN countries are increasingly developing with the 4.5-fold growth in total trade turnover from US$8.9 billion in 2003 to US$40 billion in 2013, Pham Thi Hong Thanh, Deputy Head of the MoIT's Asia-Pacific Department said.
Exports to these markets is expected to continue to grow steadily as more than 99 percent of tax lines of six ASEAN countries – Brunei, Indonesia, Malaysia, the Philippines, Singapore and Thailand – will be slashed to zero in 2015 under the ASEAN Trade in Goods Agreement (ATIGA) signed on February 26th2009 in Thailand. This will provide a big opportunity for Vietnam to improve its trade balance, Thanh added.
ASEAN is one of Vietnam's leading trade partners, accounting for 15 percent of the country's total trade value (statistics in 2013). In 2013, the region made up 22.4 percent of Vietnam's total foreign direct investment (FDI) capital with Singapore, Malaysia and Thailand being key investors, Deputy Minister of MoIT Do Thang Hai said.
AEC and free trade agreements (FTAs) have contributed to promoting Vietnam's exports to ASEAN and ASEAN's partners as well as expanding Vietnam's market share in other markets, Hai stressed.
According to the Ministry of Industry and Trade (MoIT), the country imports tens of billions of US dollars worth of goods annually, mostly machinery, equipments and products for human consumption. Its import value hit US$113.79 billion in 2012 and increased to US$132.12 billion in 2013.
Vietnam always runs a huge deficit with China in goods trade, with import surplus from the market rising from only US$210 million in 2001 to a staggering figure of US$23.8 billion in 2013.
Thus, boosting exports to main markets such as the U.S., EU and ASEAN plays an important role in reducing Vietnam's trade deficit.
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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