Vietnam's total trade turnover up estimated 15.5-15.8% YoY in H1 2025

Export turnover reached an estimated $215-217 billion—up by nearly 14 per cent YoY. This led to a trade surplus of $3.4-4 billion during the period.

The trade performance has broadly met government expectations and exceeded those in some areas.

Textile and footwear exports saw high growth. In May 2025, textile exports reached $3.84 billion—a 6-per cent YoY increase and the highest monthly export value ever recorded for May, surpassing the surge seen in May 2022 amid post-pandemic over-ordering.

Vietnamese textile products are now exported to 132 markets, with the United States being the largest importer, accounting for $6.97 billion worth imports during the first half this year—up by 17 per cent YoY.

External risks persist, including trade policies of major economies, global price volatility, and geopolitical tensions, a domestic news agency reported.

Vietnam has set a 2025 export growth target of 12 per cent, equivalent to about $450 billion in export turnover. The target remains within reach if the current growth pace is sustained in the second half of the year.

Trade promotion activities will be intensified with a focus on professionalism and adaptability to evolving global conditions.

Fibre2Fashion News Desk (DS)