On 4/8/2010, Mr. Tran Tuan Anh, Minister of industry and trade, Vietnam has had bilateral meetings with Mr Ramon Lopez, Minister of industry and trade of the Philippines. the two countries signed the bilateral trade agreement to extend the rice trade agreement by 2010. This shows that bilateral trade between Vietnam and Phillippin increasingly diversified commodity structure and export value. Vietnam import export structure – the Philippines with supplements, do not compete directly. So in the commercial exchange of Vietnam will provide agricultural products and processed foods (rice, 10 ml, pepper, candy ...). In contrast, the Philippines will give Vietnam the products of electronic equipment such as computers, machinery and equipment. In more recent years, the value of merchandise exports to Vietnam Philippineses is always greater than the value of imports of goods from this market, so the balance of trade surplus always inclined towards Vietnam.
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