Hanoi: Vietnam has set an ambitious export target of 454 billion USD for 2025, a 12% year-on-year increase, despite recent signs of deceleration in exports due to global economic pressures.

According to Vietnam News Agency, Vietnam exported 65.2 billion USD worth of products in January-February, a 9.9% increase compared to the same period last year. Meanwhile, imports totaled 62.9 billion USD, rising 16%, resulting in a trade surplus of 235 million USD.