Many agricultural and aquatic products of Vietnam won big when export turnover increased sharply, agricultural product prices were high, farmers and businesses both benefited.

The Ministry of Industry and Trade is drafting a scheme on diversifying imported raw material sources for domestic production, with feedback from industry associations and businesses being incorporated into concrete proposals and support policies.

In the 2014-2024 period, two-way trade turnover more than tripled, soaring from $3.3 billion to $10.1 billion, with an average annual growth rate of nearly 12%.

From now until late 2025, and possibly into the first half of 2026, some Vietnamese exports to the U.S may struggle to sustain the rapid growth seen in the first six months of this year.

Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.

The Indian stainless steel industry is pushing for anti-dumping duties on cheap imports, mainly from China, Vietnam, and Indonesia. The move comes as these imports are hurting domestic players.

The Chinese market is seeing surging demand for durian, driving increased interest from importers in sourcing supplies from Vietnam. 

Vietnamese exporters are bracing for new U.S. tariffs, but many had already prepared strategies to cope before the measures took effect.