Vietnam and Philippines set sights on $10 bln trade
In 2024, Vietnam-Philippines import-export turnover reached $8.66 billion.
Topic: the Philippines
Vietnam’s rice to remain Philippines' main import source
Compared to other rice-exporting countries such as India, Pakistan, Thailand, and Japan, Vietnam retains a competitive edge in the Philippines' rice market.
Vietnam continues to lead as the Philippines' top rice supplier
Vietnam holds a commanding 73.5% share of the market.
Vietnam's businesses urged to seize Philippines trade promotion opportunities
To introduce and promote products in the Philippines effectively, domestic businesses should enhance their participation in international exhibitions and fairs in the country.
Total import-export turnover between Vietnam and the Philippines in the first half of 2024 reached $4.21 billion
With a stable growth across various export commodities, the figure is expected to cross the $8 billion mark by the end of the year.