Việt Nam posts trade surplus of $24.77 billion in 2024

Vietnam’s trade revenue surged significantly in 2024, driven by robust export growth and a sustained trade surplus. The data reveals a dual economy where foreign-invested sectors dominate export volumes, while domestic industries also expanded their market share. This performance underscores the resilience of Vietnam’s integration into global supply chains and its capacity to diversify key export commodities. For 2025, government strategy focuses on institutional reform and regulatory modernization to sustain this momentum. Efforts include refining laws on electricity and chemicals to improve industrial competitiveness, alongside optimizing existing free trade agreements. These measures aim to create a more stable business environment, encouraging deeper international economic integration and expanding market access for domestic agricultural and industrial products. This report is highly relevant to open data because it relies on official statistical outputs from the General Statistics Office. Transparent, accurate trade metrics are essential for researchers and policymakers analyzing global economic trends. By making such detailed sectoral and trade flow data publicly available, governments enable better verification of supply chain dynamics and foster accountability in international commerce.

Source: vietnamnews.vn
Published on 2025-01-07

Tierra del Fuego entre los registros más altos del país en ventas en supermercados - Actualidad TDF »

Open Data

Related news