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Import and export in early 2025, new momentum, new victory

Việt NamViệt Nam02/01/2025


Bustling from the border gate to the factories

According to the representative of the Management Board of Mong Cai International Border Gate (Quang Ninh province), as of 10:00 a.m. on January 1, 2025, there were 25 trucks carrying 137 tons of temporarily imported goods through the Km3+4 Hai Yen pontoon bridge opening. Also at the opening, there were 61 vehicles carrying nearly 1,400 tons of export goods, including 880 tons of fruit; 470 tons of frozen seafood and 18 tons of fresh seafood. At Bac Luan II Bridge Border Gate, there were 70 people exiting the country, 40 trucks carrying more than 240 tons of frozen goods for export under the form of pre-arranged customs clearance.

Hoạt động xuất - nhập khẩu hàng hóa tại Cửa khẩu Quốc tế đường bộ số II Kim Thành ngày đầu năm 2025 thuận lợi. (Ảnh: Báo Lào Cai)
Import and export activities at Kim Thanh International Road Border Gate No. II on the first day of 2025 were smooth. (Photo: Lao Cai Newspaper)

On the first day of the new year (January 1, 2025), at Mong Cai International Border Gate, the Bac Luan I bridge area and the opening of the pontoon bridge Km3+4 Hai Yen/Dong Hung border market pair (China) still operate normally. The customs clearance flow for people entering and exiting the Bac Luan II bridge area still operates normally. The customs clearance flow for import and export goods in the Bac Luan II bridge area implements the pre-appointment customs clearance regime.

In 2024, the total import-export turnover of goods in Mong Cai City is estimated to reach over 13 billion USD; the state budget revenue is estimated to reach 5,076 billion VND, an increase of 4.1% compared to 2023. In order to create conditions for import-export enterprises to operate effectively, every month, the border gate sectors organize to review, strengthen inspection and supervision of the implementation of discipline and administrative discipline; focus on removing arising difficulties and problems; be on duty 24/7 to ensure the arrangement and regulation of means of transport for import and export smoothly.

Similarly, according to Lao Cai Border Gate Customs Branch, the import of goods through Lao Cai Border Gate on the first day of 2025 reached over 1.6 million USD. Mr. Pham Van Phuc - Deputy Head of Lao Cai Border Gate Customs Branch - said that the volume of imported and exported goods through Kim Thanh International Road Border Gate No. II on the first day of 2025 took place smoothly and quickly.

Accordingly, the number of import and export vehicles passing through Lao Cai border gate tends to increase. As of 2:00 p.m. on January 1, the total import and export turnover of goods through Kim Thanh International Road Border Gate No. II reached more than 1.6 million USD; of which nearly 929 thousand USD was exported and more than 710 thousand USD was imported. Exported goods on the first day of the new year are still mainly agricultural products such as dragon fruit, watermelon, durian, jackfruit, banana, rambutan, mango, cassava, etc.; imported goods are mainly flowers, ornamental plants, fresh vegetables and fruits.

To support businesses participating in import and export on the first day of the new year, the Management Board of Lao Cai Economic Zone has directed functional forces working at the border gate to be on duty to ensure sufficient staff according to regulations, complete procedures as quickly as possible, and ensure smooth and fast circulation of goods.

Along with the excitement at the border gates, on the production front, although it is the New Year holiday (January 1, 2025), many businesses still organize production activities with an urgent and exciting atmosphere. This shows the determination and expectations of workers and businesses for a successful and victorious new year 2025, joining the whole country in entering a new era - the era of national growth. For example, at A My Industrial Joint Stock Company (Lap Thach district, Vinh Phuc province), on the first day of 2025, more than 700 employees of the company still entered the production shift with an excited and joyful spirit.

Aiming for double-digit export growth

According to the General Department of Customs, the total value of Vietnam's import and export of goods in 2024 is estimated at 786.07 billion USD, an increase of 15.4% (equivalent to an increase of 105 billion USD) over the same period in 2023; the trade balance is estimated to have a surplus of 23.75 billion USD. This is the highest import and export turnover ever.

Xuất nhập khẩu năm 2024 đạt kỷ lục
Import and export in 2024 hit a record. (Photo: Illustration)

Vietnam's import and export situation in 2025 is expected to be more favorable thanks to the recovery of economic growth and global trade growth. According to Reuters, the growth rate of the world economy is expected to be at 3% in 2025. Most economies in the world have falling interest rates.

China, the world’s second-largest economy, has introduced strong monetary stimulus measures and a fiscal stimulus package expected to reach $1.4 trillion to achieve its growth target. The recent increase in foreign investment in Vietnam promises to improve production capacity and create a source of goods for export.

Export markets continue to be expanded and diversified, exploiting FTA partner markets with preferential tax rates continuing to decrease according to the roadmap; at the same time, searching for and developing new markets and new products.

Implementing the latest direction of the Government and the Prime Minister aiming for a high GDP growth target of 8% in 2025, the Ministry of Industry and Trade has proposed raising growth targets in the industrial and commercial sectors in 2025 to include in Resolution No. 01/NQ-CP of the Government on key tasks and solutions to implement the Socio-Economic Development Plan and State Budget Estimates in 2025.

Regarding the import-export target for 2025, the Ministry of Industry and Trade sets a target of total export turnover increasing by 10-12% compared to 2024. The trade balance continues to have a trade surplus of over 20 billion USD.

Regarding import and export activities, to achieve the set goals, the Ministry of Industry and Trade will focus on effectively exploiting free trade agreements (FTAs) that have come into effect and been signed, implementing new agreements to expand and diversify markets, import and export products, and supply chains. Strengthening the exploitation of neighboring markets with potential, shifting strongly to official exports associated with brand building, promoting sustainable exports. Continuing to innovate and improve the effectiveness of trade promotion activities.

With the "getting started" right from the first days and months of the new year by businesses, localities, ministries, and sectors, along with the support of the Government, it signals a prosperous year for Vietnamese trade. And the figure of 1,000 billion USD for import-export activities will not be too far away.

To resolutely and effectively implement solutions to achieve double-digit economic growth by 2025, one of the tasks set by Prime Minister Pham Minh Chinh is to request the Ministry of Industry and Trade, ministries, agencies and localities, according to their assigned functions and tasks, to focus on improving the quality of export products, while building a strong national brand, making Vietnamese products present everywhere in the world, thereby contributing to GDP growth.

Strengthen trade promotion, make the most of opportunities from signed free trade agreements; expand and effectively exploit new markets; support businesses to meet new standards of export markets; improve trade defense capacity, prevent and combat fraud of goods origin.

Source: https://congthuong.vn/xuat-nhap-khau-dau-nam-2025-khi-the-moi-thang-loi-moi-367441.html


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