In the first 7 months of 2025, the country's export turnover of goods is estimated to reach 261.8 billion USD, an increase of 14.6% over the same period in 2024 - Illustrative photo
According to information from the Ministry of Industry and Trade , in the first 7 months of 2025, the country's export turnover is estimated to reach 261.8 billion USD, an increase of 14.6% over the same period in 2024, exceeding the set export growth target. Accordingly, the average monthly export turnover is 37.4 billion USD; in which, May and June both reached more than 39.5 billion USD. In July alone, exports are expected to reach the highest level of more than 41.6 billion USD.
On the other hand, the import turnover of goods in the past 7 months is estimated at 252.1 billion USD, up 17.9% over the same period in 2024. Due to the recovery of production and export activities, businesses have stepped up the import of raw materials to serve the production of export orders.
The trade balance over the first seven months of this year is estimated to have a trade surplus of 9.7 billion USD. This figure is lower than the 12.6 billion USD in the same period last year. However, a moderate trade surplus can increase foreign exchange reserves, stabilize monetary policy and contribute to sustainable import and export development in the medium and long term.
Recently, the Import-Export Department (Ministry of Industry and Trade) has coordinated with relevant units to submit to the Ministry's leaders a report to the Government to issue Decree No. 146 dated June 12, 2025 regulating decentralization and delegation in the field of industry and trade. At the same time, the Department has submitted to the Ministry's leaders to sign and issue Circular No. 38 dated June 19, 2025 amending and supplementing a number of regulations on decentralization of administrative procedures in the field under the management of the Ministry of Industry and Trade and Circular No. 40 dated June 22, 2025 regulating the issuance of certificates of origin and approval of self-certification of origin.
In addition, the Department has considered simplifying the dossier components or implementation time of 44 administrative procedures out of a total of 85 administrative procedures of the Department; in which, the compliance cost of these 44 administrative procedures is estimated to decrease from VND 1,306 billion to VND 882 billion, equivalent to 32.5%. In particular, the decentralization of the issuance of certificates of origin (C/O) to localities is being coordinated by the Department of Import and Export with relevant agencies and units to organize training on rules of origin and self-certification of origin for exporting enterprises and officials of local departments of industry and trade.
According to Mr. Nguyen Anh Son, Director of the Import-Export Department, in the context of deep integration, enterprises need to grasp trade policies, proactively update technical barriers from import markets, improve product quality, invest in technology, and apply digital transformation to meet international standards.
On the part of the competent authorities, Minister of Industry and Trade Nguyen Hong Dien requested units under the Ministry to continue to promote and improve the quality of consultation, perfecting mechanisms and policies, especially decrees and circulars to internalize international commitments under FTAs of which our country is a member.
Along with that, well implementing the connection helps domestic enterprises participate in the production and supply chain of foreign-invested enterprises (FDI) and large global enterprises, creating a market for the development of the industry. Promoting market information, promptly providing information on market demand (especially new and potential markets), new regulations and policies of the local market and policy advice for enterprises, associations, and import-export industries.
Anh Tho
Source: https://baochinhphu.vn/xuat-khau-7-thang-vuot-ky-vong-102250804141930678.htm
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