Ho Chi Minh City’s 2018 spending on Chinese imports has exceeded 8.1 billion USD to date, an increase of more than 2.4 billion USD from the same period last year.
HCM City (VNA) – Ho Chi Minh City’s2018 spending on Chinese imports has exceeded 8.1 billion USD to date, anincrease of more than 2.4 billion USD from the same period last year.
According to the municipal customsdepartment, the import of computers-electrical equipment and components and ofmachines and spare parts made up the lion’s share of the sum, exceeding 2.5billion USD and 1.1 billion USD. The respective figures recorded for 2017 were morethan 1.2 billion USD and more than 858 million USD.
During the period, the city also purchased Chinesesteel products worth some 719 million USD and cloth worth 708 million USD.
Initial estimations of the GeneralDepartment of Vietnam Customs showed the import value of the entire countryamounted to more than 110 billion USD.
China continued to be one of the biggest suppliersof Vietnam, with its goods accounting for nearly 29 percent or about 30 billionUSD of total import value.-VNA
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The ongoing US-China trade war will greatly impact on the structure of the world economy in the future, causing damage but also generating indirect opportunities for countries where the economy relies heavily on agricultural production like Vietnam.
Vietnam’s factories need some 180,000 tonnes of potatoes for processing a year, but domestic production currently meets only 40 percent of demand, according to the Ministry of Agriculture and Rural Development.
Vietnam’s exports of agricultural products are expected to face more challenges by the end of the year, so enterprises must follow market developments at home and abroad and improve the quality of their products, according to experts.
All service vessels and out-of-province fishing boats docking at fishing ports in Lam Dong province will undergo 100% inspection to ensure compliance with paperwork, port entry/exit procedures, and fishing log requirements. Their positions and voyages will be tracked around the clock from departure to return via the VMS.
The roadmap to restrict the use of petrol-powered vehicles and encourage green ones in such major cities as Hanoi and Ho Chi Minh City is creating a strong boost to the EV market.
The Ministry of Industry and Trade is drafting a scheme on diversifying imported raw material sources for domestic production, with feedback from industry associations and businesses being incorporated into concrete proposals and support policies.
Notably, the hybrid segment recorded the strongest growth, with 7,112 units sold, a 72% year-on-year increase. The figures reflect a shift in consumer preference towards more environmentally friendly vehicles.
The project rolled out 21 pilot models, from goat and pig farming to coffee cultivation and the adoption of agricultural technology, helping farmers beef up production, spruce up livestock facilities, and improve market linkages.
Vietnam is ready to serve as an important gateway for Korean enterprises to enter the Southeast Asian market. Korean firms with experience and advanced technology to engage in energy transition and national infrastructure modernisation, said Party leader To Lam.
Two-way trade between Vietnam and Cambodia topped 7 billion USD in the first seven months of the year, up 16.3% against the same time last year. Vietnam’s exports to Cambodia hit 3.2 billion USD, rising 5.1%, while imports rose 28.1% to 3.8 billion USD.
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According to the Ministry of Agriculture and Environment, in May, June, and July, the country exported 7,745 batches of fresh durians totaling over 207,000 tonnes, more than 10 times higher than in the first four months of the year, as well as 560 batches of frozen durians weighing nearly 16,000 tonnes, up almost 64.3%.
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Export value to Thailand reached 33 million USD in the first six months, accounting for 10% of Vietnam’s total squid and octopus export revenue and making Thailand the country’s fourth-largest single export market.
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Vietnam’s state budget revenue from import-export activities reached over 261.37 trillion (9.97 billion USD) in the first seven months of 2025, equivalent to 63.6% of the annual estimate and 55.6% of the targeted goal, marking a 9.1% increase year-on-year, the Department of Customs reported.
Experts warned that excessive capital concentration in high-risk sectors like real estate and securities, risks of imbalances and non-performing loans could increase.
Demand for durians in the Chinese market is surging, prompting growing interest among importers in seeking supply from Vietnam. With its geographical proximity, short transport time and distinctive flavour, Vietnamese durian is highly regarded for both quality and long-term growth potential.
Illustrative photo (Source: VNA) 
