Vietnamese exports have ample room to grow in the second half of this year since their large markets such as the US and the UK are expected to cut interest rates which will a boost to economic expansion and consumption, according to experts.

In order for Vietnam's aquatic product exports to reach the target of US$10 billion this year, businesses need to be more adaptative and adjust their operation plans to suit the market context, according to Chairwoman of the Vietnam Association of Seafood Exporters and Producers (VASEP) Nguyen Thi Thu Sac.

VOV.VN - Vietnam grossed US$919 million from durian exports during the five-month period, representing a sharp annual rise of 74%, according to the General Department of Vietnam Customs.

VOV.VN - Vietnamese crab exports to the Chinese market during the opening five months of the year soared by 502% to reach more than US$41 million, thereby turning China into the largest consumer of Vietnamese crab, according to statistics released by the General Department of Vietnam Customs.

Vietnam exported 4.68 million tonnes of rice in the first six months of this year, earning US$2.98 billion, according to the Ministry of Agriculture and Rural Development.

The export value of Vietnamese coffee to Canada reached over US$4.4 million in the first quarter of 2024, up 12.2% compared to the same period last year.

VOV.VN - The rebound in consumption demand in many countries globally indicates positive signs ahead for Vietnamese exports, contributing to accelerating Vietnamese economic growth at about 6% this year, according to insiders.

VOV.VN - Vietnam earned US$29.2 billion from agro-forestry-fishery exports in the first half of this year, marking a rise of 19% year on year, and it is now on course to meet the export target set for 2024.

The reduction of the rice import tax by the Philippines will create more advantages and increase opportunities for Vietnamese rice to enter the market later this year, insiders said.

The UK’s participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to provide more opportunities for Vietnamese firms to expand export markets and create momentum for economic development, according to experts.