VOV.VN - Vietnamese coffee exports have witnessed positive signs thanks to constant soaring prices in recent times, according to the Mercantile Exchange of Vietnam (MXV).

Prices of Vietnam’s exported rice are still the highest in the world, with that of 5% broken rice reaching US$638 per tonne, and 25% broken rice US$623 per tonne, according to the Vietnam Food Associaion.

VOV.VN - While Vietnamese tuna exports to major markets such as the United States, Japan, and Canada continued to decline, exports to the EU market have prospered, according to the General Department of Vietnam Customs.

Vietnam’s exports have gained tens of billions of dollars each year from free trade agreements (FTAs) that Vietnam is a signatory, the Ministry of Industry and Trade (MoIT) revealed.

There are concrete signs that Vietnam’s exports are set to recover in the fourth quarter driven by a bottoming out of the US inventory cycle and by an acceleration in multinational firms’ movement of manufacturing to Vietnam.

VOV.VN - Fruit and vegetable exports during the past eight months stood at an estimated US$3.5 billion, up nearly 56% over the same period from last year, hitting a record high for the fruit and vegetable industry, according to statistics released by the General Department of Vietnam Customs.

VOV.VN - Vietnam's import and export turnover to the Asian market during the opening seven months of the year reached US$241.84 billion, accounting for the largest proportion at 65% of the total import and export value of Vietnamese goods to the world and a drop of 13.5% on-year, according to the General Department of Customs.

Although difficulties remained, enterprises expect to see slight improvements in orders in the coming months, pinning hopes on easing inflationary pressure for a better year in 2024.

Many foreign retail distributors, promoting strategies to diversify their supply chains and ensure a sustainable and resilient supply, have chosen Vietnam as a strategic location in the global supply chain, according to Ta Hoang Linh, Director of the European-American Market Department under the Ministry of Industry and Trade (MoIT).

The UK-Vietnam Free Trade Agreement (UKVFTA) has had a significant impact on Vietnam’s export-oriented industries, driving growth and opening up new opportunities for both countries, experts have said.