According to the Ministry of Industry and Trade, Vietnam's export turnover of goods has grown significantly in the past 5 months, showing a strong recovery after the recession.
As of May, total import-export turnover of goods reached 66.62 billion USD, up 9.1% over the previous month and up 22.6% over the same period last year. In the first 5 months of the year, the total import-export turnover of goods reached 305.53 billion USD, an increase of 16.6% over the same period last year, of which exports contributed 156.77 billion USD, an increase of 15.2%.
In particular, export commodity groups such as vegetables, fruits and wooden products all had a breakthrough. Vietnam's fruit and vegetable export turnover reached 2.49 billion USD on May 20, up 25.7% over the same period last year, thanks to increased demand from key markets such as China, Korea, United States, Japan and Thailand.
Wood products and wood products also recorded a positive recovery, with exports estimated to reach 6.1 billion USD in the first 5 months of 2024, up 23.5% over the same period last year. This reflects the efforts of businesses to adapt and update market trends, from export processing to designing new, unique and high-quality products, attracting the attention of international customers. international.
In addition, thanks to the advantages of Free Trade Agreements (FTAs), such as CPTPP and EVFTA, Vietnam has taken advantage of its competitive advantage to maintain strong growth in agricultural and food markets. Products. These FTAs not only commit to reducing tariffs but also promote foreign investment in the agricultural sector, contributing to the global supply chain.
It is evident that digitalization has become the defining trend of the modern era. Across all industries and sectors, businesses are shifting from traditional development strategies to automation and digital transformation, aiming to optimize operational efficiency and productivity.
Europe remains one of the most important and promising export markets for Vietnamese enterprises, especially following the implementation of the EU–Vietnam Free Trade Agreement (EVFTA). With a population of over 740 million and a total GDP of approximately USD 18 trillion, the region has a strong and diverse demand for imports ranging from agricultural products and processed foods to industrial goods, electronics, and textiles.
The Trump administration is planning to import eggs from Turkey and South Korea while negotiating with other countries in an effort to lower record-high prices for American consumers, officials have confirmed.
In an effort to continuously enhance our position and expand our global network, Glotrans actively participated in the PPL AGM 2025 Annual Meeting in Hong Kong from May 25 to May 28. This is a key event, providing us with valuable opportunities to enhance our expertise and develop international partnerships.
On May 18, 2025, Glotrans HCM officially entered its 13 years of operation, marking an ever-growing journey in international logistics and freight forwarding.
