The Vietnamese trade office system proactively develops plans and solutions to both promote bilateral trade cooperation and strongly open up export markets.
'Busy' from the first months of the year
In 2025, the Government has set a target of domestic economic growth of over 8-10% and aims for double-digit growth in the next period. In particular, export is identified as one of the three main growth drivers of the economy, in the "trio".
Contributing to the whole country's successful implementation of the goals set by the Government, in 2025, the Ministry of Industry and Trade sets a target of import-export turnover growth of about 12% compared to 2024.
Together with the whole country to successfully complete the set goals, right from the first days of the new year, the leaders of the Ministry of Industry and Trade - directly Minister Nguyen Hong Dien - directed and emphasized that economic integration and trade connection will be one of the important tasks in implementing the growth goals of the industry and trade sector in particular and the whole country in general.
Accordingly, the Ministry of Industry and Trade has directed the Foreign Market Departments and the Vietnamese trade office system to closely monitor and grasp information on market developments, economic, political and policy fluctuations in the region and the world that affect trade with Vietnam in order to promptly advise the Government on appropriate policy responses. At the same time, actively organize and connect trade activities to enhance the promotion of domestic goods.
Seriously implementing the direction of Minister Nguyen Hong Dien, since January 2025, the system of Vietnamese trade offices abroad has proactively developed plans and proposed solutions to both promote bilateral trade cooperation with partners and contribute to strongly opening up export markets for domestic goods.
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| Vietnam Trade Office in Malaysia supports Malaysian business delegation to survey and work with manufacturing enterprises in Thai Binh |
Mr. Le Phu Cuong - Commercial Counselor, Vietnam Trade Office in Malaysia said that Malaysia is one of many key export markets of Vietnam in Asia. Therefore, the Trade Office always prioritizes implementing activities to support and connect trade between domestic enterprises and goods with partner markets.
Specifically, from February 9-12, the Vietnam Trade Office in Malaysia has been supporting a delegation of Malaysian distribution and retail corporations (including AEON Co. (M) Berhad and LS Sales and Marketing Sdn. Bhd) to survey and work with manufacturing enterprises in the Northern region, including manufacturing enterprises in Thai Binh province, to seek opportunities to connect and support these enterprises and corporations in purchasing processed food and beverage products from Vietnam.
In Thai Binh, introducing to Malaysian partners, businesses have promoted and offered strong products such as: Vermicelli, dry pho, canned drinks, beer products...
Along with the survey to work with businesses in Thai Binh province, the Vietnam Trade Office in Malaysia also connected and brought leading businesses and retail distribution corporations of this country to meet and work with many leading businesses and distribution corporations in Vietnam such as: BRG Group, TH Group, T&T Group, Hapro...
Mr. Le Phu Cuong stated that through survey activities and connecting with businesses in the North, LS Sales and Marketing Sdn. Bhd will act as a bridge to import and supply processed food and beverages to AEON Malaysia for distribution in the local market.
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| Malaysian businesses and partners learn about products and goods in Vietnam |
Similarly, in the Philippines market, Mr. Phung Van Thanh - Vietnam Trade Counselor here said that the Philippines is an attractive destination for domestic export enterprises. Therefore, to promote trade between the two countries in 2025, the trade office has stepped up the implementation of many propaganda activities, promoting the image of the country, people and products/goods of Vietnam to business partners, partners and consumers of the Philippines through fairs, exhibitions, weekly activities or conferences, seminars to introduce and promote trade between the two sides.
Notably, from the US market, Mr. Do Ngoc Hung - Commercial Counselor, Head of the Vietnam Trade Office in the US - has been having busy days. Since US President Donald Trump took office and there have been many changes in trade policies, trade officers and trade offices in the US have monitored, grasped and continuously updated information from the host country to promptly report and advise the leaders of the Ministry of Industry and Trade on appropriate response policies as well as provide information to guide domestic public opinion.
Specifically, regarding the US President Donald Trump's imposition of an additional 25% tax on imported steel and aluminum, the trade office said that Vietnam still has many opportunities to continue exporting because in reality, the production capacity of US steel and aluminum manufacturers cannot immediately meet domestic demand. However, the profit margin of exporting enterprises may decrease. In addition, Vietnamese goods exported to the US market have competitive prices and good quality, can supplement the US economy, contribute to reducing inflation, and greatly support bilateral trade activities.
Providing additional information, the Ministry of Industry and Trade emphasized that Vietnamese goods exported to the United States mainly compete with third countries, not directly with US businesses in the US market. On the contrary, it also creates conditions for US consumers to use cheap Vietnamese goods.
“ Any existing issues in bilateral trade and economic relations will be proactively discussed through the policy dialogue mechanism of the Vietnam - US Trade and Investment Council (TIFA), which is being maintained regularly, continuously and effectively at all levels to strengthen strategic trust between the two countries, create a common vision, contribute to long-term orientation and stabilize the development roadmap of bilateral economic and trade relations,” the Ministry of Industry and Trade stated.
Diversify markets and export products
In 2025, the world market will have many complicated developments, so in order to successfully achieve the target of increasing import-export turnover by 12% compared to 2024, Vietnamese trade offices abroad in general and the Asia-Africa market in particular have prioritized the task of "not only connecting trade but also connecting investment" as directed by Minister Nguyen Hong Dien at the Asia-Africa Trade Counselor Conference held on December 19, 2024 in Japan.
“ Along with organizing, coordinating and supporting domestic enterprises to participate in promoting and introducing goods in fairs and exhibitions in Malaysia, the Trade Office will also promote survey activities, acting as a bridge to support enterprises of the two countries to learn about the market and diversify export products. Survey and working activities not only promote trade activities but also greatly support investment cooperation between Vietnam and Malaysia,” said Mr. Le Phu Cuong.
Mr. Cao Xuan Thang - Commercial Counselor, Head of the Vietnam Trade Office in Singapore said that in 2025, the trade office will continue to update the situation, mechanisms and policies of the locality; support Vietnamese enterprises in connecting trade, displaying goods, promoting business brands and product brands, increasing the presence of Vietnamese goods in the locality.
At the same time, supporting working groups from Singapore to Vietnam to seek sources of goods, promote industrial, trade and service investment in Vietnam. In particular, focusing on promoting market opening for poultry meat and egg products in Singapore is one of the top priorities.
The Ministry of Industry and Trade emphasized that in 2025, the industry and trade sector will firmly implement the strategy of diversifying import and export markets; diversifying product lines and products; using science and technology as a lever, increasing the value-added content/technology content of products manufactured and processed in Vietnam as the goal; taking advantage of Vietnam's existing advantages to gradually enhance the role and position of Vietnam in the world's supply chain as well as in the international market.
Contributing to the whole country's successful implementation of the goals set by the Government, in 2025, the Ministry of Industry and Trade sets a target of import-export turnover growth of about 12% compared to 2024. |
Source: https://congthuong.vn/hoat-dong-thuong-vu-tat-bat-tu-nhung-thang-dau-nam-373346.html
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