The lack of stringent sanctions and inadequate planning have had a detrimental impact on the competitiveness of Vietnamese agricultural products, hindering their success in the global market.

According to experts, the upcoming policies of the Trump administration will likely have an impact on helping Vietnam's economy develop rapidly.

Since the first days of the new year 2025, Vietnamese businesses have quickly entered into a busy phase of production and exporting, as key industries such as textiles, footwear, electronics, and farm produce processing are ramping up to meet international market demands.

One Vietnamese durian exporter said that it's 170 tonnes of produce could be not cleared at custom gates, because China applies the strict inspection of BY2 that is believed to be used to enhance the yellow colour of durian fruit.

In the agricultural value chain, farming and production represent the least profitable stages, contributing merely 12 percent-13 percent of the total added value.

In 2024, the Chinese and Hong Kong (China) markets will still be the top destinations for Vietnamese pangasius.

Vietnam’s 2024 digital industry revenue was projected to reach US$152 billion. The country ranks second globally in smartphone exports, fifth in computer components, sixth in computer devices, seventh in software outsourcing, and eighth in electronic equipment and components.

European investments are expected to pick up in Vietnam following Prime Minister Pham Minh Chinh’s engagement with Czech and Polish enterprises as part of his trip to Europe to attend the 55th Annual Meeting of the World Economic Forum.

With difficulties in exporting durian to the Chinese market, the Vietnam Fruit and Vegetable Association forecasts that fruit and vegetable exports in January 1 will reach less than 400 million USD.

The Indonesian government is optimistic that its exports to the United States (US) will continue to show a surplus during Donald Trump's second term as president.