Vietnam Officially Sets a Record of Over 21 Quadrillion Dong

Vietnam's import-export turnover has surpassed the $800 billion mark, reaching an all-time high and marking a significant milestone in the country's trade history.

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According to the latest data from the General Department of Customs, as of November 15, 2025, Vietnam’s import-export turnover has surpassed $801 billion (approximately VND 21 trillion), marking an all-time high.

During the first half of November 2025 (from November 1 to November 15), the total import-export value reached $38.35 billion, a decrease of 11.6% ($5.05 billion) compared to the second half of October 2025.

This performance in the first half of November 2025 brought the total import-export value of the country to $801.02 billion as of November 15, 2025, representing a 17.2% increase compared to the same period in 2024. Notably, the total import-export value of foreign direct investment (FDI) enterprises reached $579.11 billion, up 25.1% year-on-year.

In the first half of November 2025, the trade surplus amounted to $141 million. From the beginning of the year to November 15, 2025, the trade surplus stood at $19.54 billion.

Regarding imports, Vietnam’s total import value in the first half of November 2025 was $19.11 billion, a 7.7% decrease ($1.6 billion) compared to the second half of October.

The decline in import value during the first half of November 2025, compared to the second half of October 2025, was primarily observed in the following groups: telephones and components decreased by $255 million (8.9%), and computers, electronic products, and components decreased by $222 million (3.2%).

As of November 15, 2025, the country’s total import value reached $390.74 billion, an 18.3% increase ($60.5 billion) compared to the same period in 2024.

Some groups with significant increases include: computers, electronic products, and components, which rose by $36.54 billion (39.1%), and machinery, equipment, tools, and accessories, which increased by $10.07 billion (23.9%) compared to the same period in 2024.

The import value of FDI enterprises during this period was $13.58 billion, a 7.8% decrease compared to the second half of October. As of November 15, 2025, the total import value of these enterprises reached $268.15 billion, a 27.6% increase ($58.03 billion) compared to the same period in 2024, accounting for 69% of the country’s total import value.

In terms of exports, Vietnam’s total export value in the first half of November 2025 was $19.25 billion, a 15.2% decrease compared to the second half of October ($3.45 billion).

The export value in the first half of November 2025 decreased compared to the second half of October 2025 in the following groups: machinery, equipment, tools, and accessories decreased by $611 million (20.6%); computers, electronic products, and components decreased by $591 million (10.9%); telephones and components decreased by $522 million (19.4%); and textiles decreased by $294 million (17.4%).

As of November 15, 2025, Vietnam’s total export value reached $410.28 billion, a 16.1% increase ($56.85 billion) compared to the same period in 2024.

Some groups with notable increases include: computers, electronic products, and components, which rose by $30.01 billion (48.3%); machinery, equipment, tools, and accessories, which increased by $5.33 billion (11.7%); and coffee, which grew by $2.93 billion (62.3%) compared to the same period in 2024.

Statistics from the General Department of Customs also reveal that the export value of FDI enterprises in the first half of November 2025 was $15.24 billion, a 15.7% decrease compared to the second half of October 2025. As of November 15, 2025, the total export value of these enterprises reached $310.95 billion, a 23% increase compared to the same period last year, accounting for 75.8% of the country’s total export value.

Over the years, Vietnam’s export structure has shifted positively from raw materials to processed and high-tech products. In terms of export markets, Vietnam has actively expanded its reach. While in 1991, Vietnam had over 20 export markets primarily in the Asia-Pacific region, by 2025, the country has established trade relations with more than 230 countries and territories.

Additionally, Vietnam has expanded its economic and trade relations with all G7 countries, major economic regions, and global economic, trade, and financial institutions. Notably, Vietnam has been proactive in signing free trade agreements (FTAs) to facilitate export activities. To date, Vietnam has participated in 20 FTAs, with 17 already in effect and being implemented.

Previously, on September 6, during the regular government meeting in August 2025, the Ministry of Industry and Trade reported that this year’s import-export turnover could reach $800 billion, a record high for Vietnam. Notably, the trade surplus for the year is expected to be nearly $14 billion.

“This achievement is partly due to businesses accelerating the fulfillment of signed orders. It reflects the significant efforts of the business community and the entire political system in directing and managing over the past period,” said the Minister of Industry and Trade.

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