Vietnam-Philippines trade likely to exceed 8 billion USD for first time

  • The Cat Hai fish sauce product of the Cat Hai Seafood Service And Processing JSC is exported to the Philippines and other countries. VNA Photo
    The Cat Hai fish sauce product of the Cat Hai Seafood Service And Processing JSC is exported to the Philippines and other countries. VNA Photo
  • The Cat Hai fish sauce product of the Cat Hai Seafood Service And Processing JSC is exported to the Philippines and other countries. VNA Photo
    The Cat Hai fish sauce product of the Cat Hai Seafood Service And Processing JSC is exported to the Philippines and other countries. VNA Photo
  • The Cat Hai fish sauce product of the Cat Hai Seafood Service And Processing JSC is exported to the Philippines and other countries. VNA Photo
    The Cat Hai fish sauce product of the Cat Hai Seafood Service And Processing JSC is exported to the Philippines and other countries. VNA Photo
  • Rice export hits 1.98 billion USD in the first nine months of this year, accounting for 42.86% of country's total export turnover to the Philippines in the period. VNA Photo: Minh Hưng
    Rice export hits 1.98 billion USD in the first nine months of this year, accounting for 42.86% of country's total export turnover to the Philippines in the period. VNA Photo: Minh Hưng
  • Packaging rice for export at a factory of the Phuoc Thanh II Co. Ltd in the Mekong Delta province of Long An. VNA Photo: Minh Hưng
    Packaging rice for export at a factory of the Phuoc Thanh II Co. Ltd in the Mekong Delta province of Long An. VNA Photo: Minh Hưng
  • Rice is Vietnam's main export item to the Philippine market. VNA Photo: Minh Hưng
    Rice is Vietnam's main export item to the Philippine market. VNA Photo: Minh Hưng
  • Rice for exports at a factory of the Phuoc Thanh II Co. Ltd in the Mekong Delta province of Long An. VNA Photo: Minh Hưng
    Rice for exports at a factory of the Phuoc Thanh II Co. Ltd in the Mekong Delta province of Long An. VNA Photo: Minh Hưng
With the current rising trend, trade between Vietnam and the Philippines is likely to exceed 8 billion USD for the first time to hit about 8.5 billion USD in 2024, with Vietnam’s surplus of more than 3 billion USD, according to the Vietnamese Trade Office in the Philippines. The office said that in the first nine months of this year, import-export turnover between the two countries neared 6.5 billion USD, a rise of over 20% year on year, with Vietnam’s exports increasing 20.7%. VNA Photo: Minh Hưng

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