Vietnam international trade and export developments

Vietnam is pursuing various international trade objectives, focusing on both bilateral cooperation and specific export growth.

In discussions with Bangladesh, officials are working toward a bilateral trade target of US$2 billion, building upon the approximately $1.2 billion reached in 2025. Cooperation areas include agriculture, technology, logistics, and health, alongside efforts to establish direct air links.

Simultaneously, Vietnam’s footwear and handbag exports to the United States exceeded $8 billion during the first eight months of 2026. Total exports for the footwear and bag industry reached $19.54 billion during this period, representing a 2.43% increase compared to the previous year. While footwear growth was relatively low, the segment for handbags, suitcases, and umbrellas saw an 11.51% increase.

The seafood sector is also showing significant movement. Tuna exports to Russia surged by 72% in the first seven months of 2026, reaching approximately $33.4 million. Additionally, pangasius exports to the United Kingdom reached $43 million in the first seven months of 2026, a 23% increase driven by demand for value-added products such as fish burgers and breaded fillets.

Other sectors include pepper exports, which rose 14.2% year-on-year to over 190,000 tons in the first eight months of 2026. To support a total trade volume of $770.14 billion reached during the same period, major institutions such as Vietcombank, Sacombank, and TPBank have launched credit packages to assist exporters with logistics and working capital. Notably, Vietcombank has deployed a 50 trillion VND credit program specifically targeting exports and manufacturing.

As of mid-September 2026, domestic pepper prices have remained stable at approximately 137,000 to 141,000 VND/kg. In the livestock sector, pork prices saw slight increases in Northern provinces like Hung Yen and Lang Son, reaching up to 60,000 VND/kg, while prices in the South and Central regions remained steady.