Preliminary data from MoAE shows seafood exports in July reached an estimated US$920 million, up nearly 15% year on year. Shrimp led the growth, buoyed by rising demand from the United States and Japan as the year-end consumption season begins. Major shrimp exporters like Minh Phu and Sao Ta reported full order books for August signaling a promising outlook for the second half of the year.

Meanwhile, both domestic and export markets heated up again, though price gains were modest. By late July, domestic Robusta prices in the Central Highlands climbed to around VND92,000–93,000/kg, up about VND3,000 from earlier in the month, driven by increased global demand and limited supply from Brazil. Coffee exports in July were estimated at 180,000 tonnes, valued at approximately US$700 million, a 35% increase in volume and nearly double in value compared to the same period last year. However, businesses have warned of tightening domestic raw material supply, which is squeezing processing profit margins.

Notably, durian continued its strong run, remaining as the standout performer in Vietnam’s fruit export market. In July alone, durian exports to China exceeded US$220 million, raising the seven-month total to over US$1.6 billion. Despite a surge in harvest volume in the Central Highlands and southeastern regions, farm-gate prices were high at VND70,000–90,000/kg thanks to unwavering market demand. Many provinces are actively expanding the number of growing areas with export codes, aiming to meet official export requirements.

Beyond these three major products, wood and wood product exports in July brought back an estimated US$1.2 billion, a 7% increase year on year. In contrast, rice and pepper exports dipped slightly in volume due to seasonal factors.

Businesses are optimistic that global demand for agro-forestry-fishery products will continue to rise toward year-end, particularly from key markets such as the US, China, and Europe during the festive season. However, they also caution that currency fluctuations and rising shipping costs may pose significant challenges in the coming months.

Circular agriculture - a must for Vietnam's green future

VOV.VN - In response to the growing impacts of climate change, the transition toward a green economy, particularly green and circular agriculture, has become an inevitable development trend, said experts at a forum in Hanoi on July 16.