In December alone, Singapore’s total trade with Việt Nam reached nearly 4 billion SGD (over US$3.1 billion), representing a year-on-year increase of 30.1 per cent.
Chairman of the Regional Comprehensive Economic Partnership (RCEP) Industry Cooperation Committee Xu Ningning has expressed his belief that China and Việt Nam would achieve better quality in their economic-trade ties on the existing foundation, setting a model for regional cooperation.
Đỗ Hà Nam, Chairman of the Vietnam Food Association (VFA), said that this year presents numerous difficulties and challenges, and the global supply glut significantly impacts all exporters, including Việt Nam.
Despite a challenging global environment, seafood exports topped US$11.3 billion in 2025, a 13 per cent rise from 2024 and in excess of the target, according to the Việt Nam Association of Seafood Exporters and Producers.
The city aims to lift average investment intensity to $8–10 million per hectare, with a focus on high-tech, high-value-added and environmentally friendly industries.
The figures represented a year-on-year decline of 10.8 per cent in volume and 27.6 per cent in value, clearly reflecting the impact of the global downturn in rice prices over the past year.
Việt Nam’s total trade reached more than US$930 billion in 2025, up 18.2 per cent year on year, with a trade surplus of $20 billion, according to the National Statistics Office (NSO).
Việt Nam’s fruit and vegetable exports are set to reach $10 billion in 2026, driven by durian, coconuts and bananas, with sustainable growth and global demand boosting the sector.
Local authorities said the 2025 revenue performance provides a critical springboard for the city to enter its next development phase with higher expectations, as it seeks to meet ambitious fiscal targets in 2026 and beyond.
The tariff increases on finished wood products, including upholstered chairs, kitchen cabinets and bathroom cabinets will be delayed by one year, from January 1, 2026 to January 1, 2027, under the US President Donald Trump’s decision on adjusting import tariffs...
Việt Nam’s economy is on track to close 2025 on a strong footing, having maintained macroeconomic stability, fostered a favourable business environment and sustained market confidence.