Vietnam–Belarus trade reached about $89.67 million in the first nine months of 2026
Vietnamese and Belarusian officials discussed expanding trade and economic cooperation on November 13. Bilateral trade reached about $89.67 million in the first nine months of 2026, up 77.7% year on year. Belarus plans to hold a goods exhibition and an economic forum in Ho Chi Minh City in December.
On November 13, during a visit to Belarus, Vietnam’s Auditor General Nguyễn Hữu Nghĩa held talks with Belarusian Deputy Prime Minister Aleksandr Terekhov. They discussed expanding bilateral trade, investment and industrial cooperation.
Vietnamese and Belarusian representatives hold bilateral talks.（VietVance）
Bilateral trade reached about $80.8 million in 2025, up 35.1% year on year, and about $89.67 million in the first nine months of 2026, up 77.7% year on year. Belarus currently has three investment projects in Vietnam with total registered capital of about $32.2 million. The two countries have held 16 meetings of their intergovernmental committee and are implementing the free trade agreement between Vietnam and the Eurasian Economic Union.
Nguyễn Hữu Nghĩa said the two countries should make better use of their respective strengths, implement their cooperation agreements and strengthen cooperation between their state audit bodies. Aleksandr Terekhov proposed expanding import and export trade and said Belarusian companies were willing to work with Vietnam in vehicle manufacturing, pharmaceuticals and agriculture.
Aleksandr Terekhov also said Belarus plans to hold an exhibition of Belarusian goods and a Vietnam–Belarus economic forum in Ho Chi Minh City in December 2026, giving businesses opportunities to showcase products and find partners. On November 12, Vietnam’s State Audit Office and Belarus’s State Control Committee renewed a memorandum of cooperation in Minsk and exchanged experience in applying digital technology, big data, artificial intelligence and risk based audit methods.
Source: VietVance
