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.
HO CHI MINH CITY ATTRACTS OVER $6 BILLION IN FDI IN SEVEN MONTHS
According to the municipal Department of Finance, more than 1,000 new projects have been licensed, with a total value of $1.3 billion. Additional growth came from capital increases, contributions, and share purchases. Much of the investment has been concentrated in export processing zones, industrial parks, and high-tech sectors.
MODEL FOR GREEN AND DIGITAL ECONOMY COOPERATION
Starting with the memorandum of understanding (MoU) signed on February 9, 2023, the green and digital economic partnership not only injects a new momentum into economic growth but also contributes to shaping a sustainable development model within ASEAN. The two countries are leveraging their strengths in technology, finance, and resources to foster green growth and effective digital transformation.
