VIỆT NAM’S COFFEE INDUSTRY SPOTS OPPORTUNITY AMID RISING GLOBAL PRICES
As global coffee prices surge, Việt Nam's coffee industry is presented with a significant opportunity to expand its export market share, industry insiders say. A recent study by the Food and Agriculture Organization noted that coffee prices rose globally by around 40 per cent in 2024, largely due to unfavourable weather conditions caused by climate change.
HCMC AIMS FOR ECONOMIC GROWTH OF OVER 10% IN LAST FIVE MONTHS OF 2025
Ho Chi Minh City is targeting economic growth of 10.3% in the last five months of this year to lift its full-year gross regional domestic product (GRDP) to at least 8.5%, in line with its newly issued plan to accelerate socio-economic development. The city posted growth of 6.56% in the first half of the year, or 7.49% excluding crude oil.
DAIRY MARKET REMAINS RIPE FOR NEW EXPANSION
According to figures from the Ministry of Agriculture and Environment (MoAE), Vietnam spent more than $1 billion on importing milk and dairy products in 2024, mostly powdered milk. In the first seven months of 2025 alone, Vietnam spent nearly $2.6 billion importing livestock products, with milk and dairy products accounting for more than $860 million.
VIETNAM’S SHRIMP EXPORTS IN FIRST 7 MONTHS: ACCELERATING IN ASIA, FACING HEAVY PRESSURE FROM THE US
Vietnam’s shrimp exports to the US – the second largest market after China – are under heavy pressure from taxation policies, causing orders from exporters to stagnate. Compared to rivals such as Ecuador (import tariff only 15%) or Indonesia and the Philippines (19%), Vietnam is gradually losing competitiveness with a 20% countervailing duty.
VIETNAM ATTRACTS HIGHER-QUALITY FDI WITH RISING US, EUROPEAN CAPITAL FLOWS
A highlight in recent days was ExxonMobil’s survey in South Van Phong in south central Khanh Hoa province. The US energy giant is considering a 10-billion-USD investment in a modern refinery project, which, if implemented, will be among its first near-zero emission facilities. The company plans to complete surveys by 2027, begin construction and investment procedures in 2031, and launch operations in 2035.
WOOD INDUSTRY EXPANDS MARKETS TO SUSTAIN GROWTH MOMENTUM
The wood and wood products industry holds a prominent position in Việt Nam’s export landscape, but to maintain and accelerate growth, the sector must swiftly expand into new markets and avoid overreliance on a few key destinations. With an export value of nearly US$10 billion in the first seven months of this year, the sector not only ranks among the country's top five largest export industries but also leads in the agriculture–forestry–fishery group.
VIETNAMESE FIRMS TACKLE US TARIFFS WITH SMART STRATEGIES AND GROWTH
The United States recently imposed a 20 per cent countervailing tax on goods originating from Việt Nam, a level that presents challenges but remains manageable for domestic enterprises. Many Vietnamese firms are responding proactively by restructuring operations, standardising production and diversifying export markets to maintain growth momentum amid these new trade barriers.
SWIMMING AHEAD WITH VIỆT NAM’S PANGASIUS EXPORTS
Pangasius is riding the wave as one of Việt Nam’s top seafood exports, showing strong resilience and adaptability despite the ups and downs of global trade. In the first seven months of 2025, export turnover surged past US$1.2 billion, up 11 per cent year-on-year, highlighting the sector’s impressive momentum. According to the Việt Nam Association of Seafood Exporters and Producers (VASEP), China and Hong Kong remained the largest markets, with export value hitting $302 million, accounting for nearly 25 per cent of total shipments.
