In 2025, strive to increase goods exports by about 12% compared to 2024.

After 2024 with many bright spots, in 2025, goods export activities strive to increase by about 12% compared to 2024.

Bright spot of goods export

According to the Vietnam Leather, Footwear and Handbag Association, despite facing pressure to reduce prices, high quality requirements, sustainability criteria, rising input costs and labor shortages, the leather, footwear and handbag industry will still reach a revenue of 26 billion USD in 2024, an increase of about 10% compared to 2023.

Vietnam is ranked 3rd in leather and footwear export production with 1.4 billion pairs/year (Photo: Can Dung)

Currently, in the world footwear supply chain, Vietnam ranks 3rd in production with 1.4 billion pairs/year, after China and India; and 2nd in export with 1.3 billion pairs/year, after China.

The export markets of the footwear industry in 2024 all have growth. Some major markets such as the US and EU have maintained an increase of over 10%. This year, China continues to be ranked in the billion-dollar export market group of the industry, second only to the US and EU, accounting for 9%.

By 2025, the footwear industry still aims to increase exports by 10% compared to 2024, reaching a turnover of about 29 billion USD. To achieve this goal, the footwear industry also depends on consumer demand and the ability to comply with green standards from import markets.

Along with footwear, seafood is also one of the industries with export turnover maintaining a good growth rate. At the ceremony to celebrate seafood exports reaching 10 billion USD in 2024 held on the evening of December 23, 2024 in Ho Chi Minh City, Ms. Nguyen Thi Thu Sac, President of the Vietnam Association of Seafood Exporters and Producers (VASEP) emphasized that the context of 2024 is more difficult than favorable, but with a creative spirit and flexible adaptability, the Vietnamese seafood industry has achieved impressive results with an export value of 10 billion USD, an increase of 12.7% compared to 2023.

These are just two of the many industries that have "reached the finish line" with high export achievements in 2024. According to the Import-Export Department - Ministry of Industry and Trade, in 2024, import-export activities of goods had a strong recovery, a bright spot in the national economy in 2024. Military conflicts and political instability continue to affect the global economy, but thanks to the Government's strong direction, Vietnam's economy has maintained positive growth momentum. Notable results in import-export activities.

Export turnover in 2024 will grow at a high rate with the positive recovery of key export groups (Photo: Can Dung)

Specifically, export turnover grew at a high rate with the positive recovery of key export groups. Exports for the whole year of 2024 are expected to reach over 404 billion USD, an increase of about 14% compared to 2023. Exports of processed industrial products increased by 14.7%; of which computers, electronic products and components; machinery, equipment, tools and spare parts; wood and wood products increased by over 20%. Textile and footwear exports increased by over 10%. Seafood exports recovered strongly, increasing by over 10%; vegetables and fruits increased by over 20%. In addition, most export markets have recovered and grown well, markets that have signed FTAs ​​with Vietnam have achieved high growth. The trade balance continues to record a high trade surplus of over 24 billion USD, contributing positively to growth and macroeconomic stability.

In particular, exports from the domestic economic sector recovered well. Both the foreign-invested and 100% domestic-owned enterprises recorded good growth in export turnover. Of which, exports from domestic enterprises reached 105.5 billion USD, up 19.5%, higher than the growth rate of the FDI sector (12.6%).

Highly appreciating the growth of domestic enterprises, in a recent interview with reporters of the Industry and Trade Newspaper, Dr. Le Quoc Phuong - Former Deputy Director of the Center for Industry and Trade Information - Ministry of Industry and Trade stated that, in the context of domestic enterprises mainly exporting low-value products such as agricultural products, aquatic products, etc., the outstanding growth compared to FDI enterprises shows the great efforts of domestic enterprises. At the same time, it shows that enterprises have been well prepared and have seized opportunities well during the market recovery period.

Ministry of Industry and Trade actively participates

The Import-Export Department - Ministry of Industry and Trade assessed that, in addition to the more positive global macro factors, this result was also achieved thanks to the close attention and direction of the Government leaders, the leaders of the Ministry of Industry and Trade and ministries and branches related to import-export activities and market development. Enterprises were also proactive and flexible in diversifying markets, overcoming difficulties, and boosting production and exports.

In particular, the Import-Export Department has contributed to the work of building institutions, reforming administrative procedures, facilitating trade, developing logistics services, promoting import-export activities and border trade.

Specifically, implementing the Party and Government's policy on reforming administrative procedures, creating favorable conditions for businesses and managing risks, the Ministry of Industry and Trade has reviewed and adjusted accordingly the issuance of preferential Certificates of Origin (C/O) in the electronic environment.

Since January 1, 2024, the Ministry of Industry and Trade has issued 13 electronic C/O forms to enterprises including: AANZ, AJ, E, AHK, RCEP, CPTPP, VJ, VC, VN-CU and S. For C/O form D and C/O form AK, VK (to Korea), and has coordinated with the Ministry of Finance (General Department of Customs) to transmit electronic C/O data. The issuance of electronic C/O has actively contributed to reducing costs and time for enterprises as well as state agencies.

In addition, enterprises that meet the criteria will be classified into the “green channel”, reducing the time for approval of C/O issuance as well as the documents that must be presented. Enterprises that violate the origin of goods are classified into the “red channel”. Depending on the level of violation, enterprises in the “red channel” must undergo stricter inspection and verification, even inspection of each export shipment before considering and granting preferential C/O. For groups of goods in the warning list, with a risk of origin fraud, the agencies and organizations that issue C/O will increase inspection and verification of the origin of goods before considering and granting preferential C/O.

At the same time, the Ministry of Industry and Trade has advised the Government to issue a Decree amending the Decree on border trade.

Accordingly, border trade activities play an important role in developing the border economy, contributing to improving people's lives and promoting socio-economic cooperation between Vietnam and neighboring countries. To strengthen the management of border trade activities and promote official trade, the Ministry of Industry and Trade has advised the Government to issue Decree No. 122/2024/ND-CP amending and supplementing a number of articles of Decree No. 14/2018/ND-CP dated January 23, 2018 of the Government detailing border trade activities, effective from December 1, 2024. Payment methods, goods standards, subjects of trading activities at border markets, entry and exit and means of transport of Vietnam... are the contents amended and supplemented in the Decree regulating border trade activities.

The Ministry of Industry and Trade also advised the Prime Minister on the draft Strategy for Logistics Services Development to 2030, with a vision to 2050; and the draft Decree amending the Decree on rice export business.

In particular, the development of the Decree amending and supplementing a number of articles of Decree No. 107/2018/ND-CP on rice export business has contributed to overcoming existing problems and shortcomings, orienting rice production and export business activities, contributing to improving the effectiveness and efficiency of rice export and import management to ensure the goal of sustainable and stable rice export, meeting market requirements and the process of international economic integration; promoting sustainable, stable and effective rice production and export in accordance with market developments and market requirements, contributing to harmoniously resolving the relationship between the common interests of the country and the interests of rice farmers, rice export traders and domestic rice consumers.

In the context of many unpredictable factors affecting import and export activities, the Ministry of Industry and Trade still shows determination and great efforts, setting a challenging target of export growth in 2025 reaching about 12% compared to 2024.

Source: https://congthuong.vn/nam-2025-phan-dau-xuat-khau-hang-hoa-tang-khoang-12-so-voi-nam-2024-365973.html