The European Market Department under the Ministry of Industry and Trade (MoIT) noted that Vietnam and Belarus are enjoying a fruitful traditional friendship and multi-faceted co-operation.
Statistics showed that two-way trade revenue reached US$94.5 million in 2016 including US$2.5 million worth of Vietnam's export revenue and US$92 million of Vietnam's import revenue. In the first quarter of 2017, two-way trade was reported at US$37.7 million, including US$1.4 million worth of export revenue and US$36.3 million worth of import revenue.
Vietnam's main exports to Belarus include seafood, furniture, textiles, footwear, rice, natural rubber, cashew nuts, pepper, spices, tea, canned vegetables, pharmaceuticals, and computer.
Meanwhile, Vietnam's key imports from Belarus include fertilizers, machinery, equipment, spare parts for automobiles, tractors, trucks, and chemicals.
According to the MoIT's Import-Export Department, there are about 938 Vienamese enterprises exporting to Eurasia. Of which, about 200 enterprises report large revenue, accounting for 90% of the total export revenue in the areas of seafood, coffee, rubber, tea, rice, cashew nuts, pepper, textiles, footwear, and wood.
It is believed that the enhanced co-operation with the EAEU will open up significant opportunities for the export of Vietnamese products combined with many challenges due to fierce competition with products from EAEU itself.
At the recent meeting of Vietnam-Belarus Inter-Governmental Committee on Economic, Trade, Scientific and Technological Cooperation in Hanoi, Belarusian Deputy Prime Minister Vladimir Semashko was delighted at the expanded co-operation between Vietnam and Belarus in economy, trade and science-technology.
In particular, the effectiveness of the Vietnam - EAEU FTA has created favourable conditions for businesses of the two countries to enhance trade and investment co-operation.
Vietnamese Minister of Industry and Trade Tran Tuan Anh affirmed that the effectiveness of the Vietnam-EAEU FTA marks a turning point in the process of Vietnam's integration with large countries in the world.
To make full use of the agreement, businesses should strive to develop its new strategies and solutions to create high value products capable of competing with foreign partners and standing steady on the domestic market, Anh said.
Minister Anh noted that Vietnam and Belarus will continue to promote co-operation in trade, investment, industry, transport, education and training in order to bring the bilateral relations to a new level.
Source: Nhandan
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
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