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Subscribe to
The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
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Ho Chi Minh City
Friday, July 18, 2025

FDI sector’s foreign trade down in Jan-Feb

The Saigon Times

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HCMC – Sharp drops in new orders led the foreign direct investment (FDI) companies achieving only US$68.2 billion in import and export value in the first two months of this year, falling by US$9.15 billion against the same period last year.

Recent data of the General Department of Vietnam Customs showed that the country saw foreign trade dropping 13.4% to US$95.83 billion in January-February.

Imports and exports of FDI businesses in the two-month period totaled US$68.2 billion, down 11.8% while the respective figures of local enterprises were US$27.62 billion and 17.1%.

In February alone, FDI enterprises reported export revenue of US$9.23 billion, declining US$914 billion against the previous month.

Total exports of the FDI sector in January-February amounted to US$37.34 billion, a 7.3% drop over the same period of last year. The sector’s import spending decreased by 16.8% to US$30.87 billion.

According to the Ministry of Industry and Trade, two major export markets of Vietnam, the U.S. and the EU, achieved economic growth of under 1%, thus affecting their demand for imports.

The Ministry of Industry and Trade is taking measures for boosting market and product diversification to reduce reliance on some markets and products. A focus will be given to Northern Europe, Eastern Europe and Latin America.

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