Việt Nam’s 2024 export performance overview

December 27, 2024 - 10:51

With proactive measures to support domestic production and expand export markets, Việt Nam's trade activities have shown strong recovery, becoming a bright spot in the economy. Explore Vietnam’s remarkable export growth, trade surplus achievements and key markets in this data-driven visual journey.

Export tax to increase for 13 construction materials

The rate was specified in Chapter 68 of the Government’s Decree 26, issued on May 1, 2023.

Economy

VN's import-export surges 15.3 per cent

Việt Nam's total import-export turnover reached US$745 billion as of December 14.

Economy

MoIT sets export growth at 6% in 2025

The recovery of major markets such as the US and EU will be an important driving force for exports, especially in electronics, consumer goods and textiles, the MoIT said.

Bank stocks drive market gains as VN-Index closes final Friday of 2024 on a positive note

Economy

MoF proposes exit bans for individuals owing over $2,000 in taxes

Economy

Petrovietnam's impressive recovery shows resilience and strategic management

Economy

Tân Vũ Port handles one million TEUs for the fourth consecutive year

Economy

Petroleum firms asked to promote selling of biofuel

Economy

Việt Nam becomes second biggest garment exporter globally

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Economy

PV Trans set to achieve record-high business results this year

Consolidated revenue for the year 2024 is estimated to reach VNĐ12 trillion (US$472.1 million), with profits before tax expected to hit VNĐ1.8 trillion.

Economy

Even high earners struggle to afford to buy homes due to the current price surge

According to VARS' most recent report, based on data from the General Statistics Office’s (GSO) 2023 Residential Living Standards Survey, housing affordability in Việt Nam has declined.

Economy

Insurance companies have moderate capital increases

The exploitation of new insurance premium revenue in Việt Nam has decreased sharply over the past few years, which has caused the parent companies to not prioritise investing in their Vietnamese insurance subsidiaries as in the past.

Economy

Việt Nam’s real estate market on a path to recovery

Many real estate developers continue to face difficulties in meeting their profit targets this year, with data showing a significant drop of 20 per cent in revenue and 43 per cent in profit, primarily due to a sharp decline in sales in 2023.

Economy

Bình Dương Province creates many incentives for large FDI projects

Bình Dương Province attracted more than US$2 billion in foreign direct investment in 2024, exceeding the set target, continuing to affirm its position as one of the leading localities in the country in attracting foreign direct investment (FDI).

Economy

Forecast upbeat for banking industry in 2025

In a recent report, ACB Securities Companies analysts said that the net interest margin (NIM) of banks in 2025 will increase by five basis points over 2024.

Economy

Petrol prices down in latest adjustment

The Ministry of Industry and Trade, and the Ministry of Finance have adjusted down the retail sale prices of petrol products from 3pm on December 26.

Economy

Pepper export value reaches highest level since 2017

The Ministry of Agriculture and Rural Development explained the increase in pepper export value is attributed to a significant rise in prices.

Economy

NA approves fuel environmental tax cut for another year

The National Assembly Standing Committee has issued a resolution on Việt Nam’s environmental protection tax rates for petrol, oil, and lubricants in 2025, keeping in effect a tax cut introduced to support the post-COVID-19 economic recovery.