Durian is priced lower in the Chinese market than its equivalent in Vietnam. Businesses must exercise moderation due to heavy losses from export.

Although there have been several improvements in recent months, global economic headwinds could still blow Vietnam’s exports off course.

US capital flow into Vietnam and US-Vietnam two-way import-export turnover have been increasing rapidly in the last 10 years. Vietnam’s export turnover to the US in the last two years exceeded $100 billion.

Due to a depleted supply source, Vietnam's coffee exports have been experiencing a significant decline in volume which may continue into 2024 season due to the influence of El Nino.

According to the General Statistics Office of Vietnam and the Ministry of Industry and Trade, the US remained Vietnam's largest export market with an estimated turnover of US$62.3 billion in the first eight months of 2023.

Three years after the effective date of the EVFTA (August 1, 2020), Vietnam's general exports to the EU grown considerably. However, exports of agricultural, forestry and fishery products have failed due to technical barriers.

Vietnam's export rice price decreased by 15 USD in the past two days due to Philippine businesses canceling and delaying import schedules following the order to limit rice prices by this country's officials.

Exports and investments will continue driving Vietnam's economic growth in the remainder of this year, helping the nation realise the growth target of 6-6.5%, according to insiders.