There has been a significant shift in the country’s approach to trade promotion, including the adoption of IT and digitalization in trading activities.

Trade turnover this year could be well over US$667 billion, representing an increase of 22.4% year-on-year, which resulted in a surplus of $3 billion.

2022 would remain to be a favorable year for trade, especially as enterprises have improved their resilience and several economic sectors continue to benefit from CPTPP, EVFTA, and RCEP.

Industrial and manufacturing goods made up the majority of Vietnam’s exports during the two-month period.

Foreign-invested companies continue to be the main driving force for Vietnam’s exports by making up 73.4% of the total foreign trade revenue, or $65.36 billion.