Pakistan, July 22 -- Pakistan and Vietnam plan to boost their trade to $1 billion soon. Both countries have set a long-term target of $10 billion. Vietnam's Ambassador to Pakistan, Pham Anh Tuan, made the announcement in Islamabad. He said both prime ministers have agreed on this shared economic goal. The new partnership will go beyond basic trade to cover investment and technology.

Trade between the two nations reached $850 million in 2024, up from $750 million in 2023. Pakistan imported $522 million worth of goods from Vietnam, while it exported $328 million. Major Pakistani exports include cereals, cotton, raw leather, meat, and pharmaceuticals. Vietnam sends electronics, coffee, tea, and synthetic textiles to Pakistan. Both sides bel...