Analysts warn that Vietnam will have to struggle to implement the rice export plan this year because many key markets have tightened control over imports.

Coca-Cola's announcement that it will enter the dairy sector will increase pressure on Vietnamese producers.

Vietnam’s vegetables and fruits are finding it difficult to enter China, but the country continues to import Chinese products in large quantities.

Official reports all show that exports of farm produce have increased sharply since the beginning of the year, but the value is very low.

Vietnam’s businesses have had to change the way of organizing production to satisfy the increasingly high demand from China.

As the biggest wood chip exporter in the world, Vietnam is facing big difficulties.

Instead of continuing to be an easy-to-be-please rice importer, China has been reducing imports, showing its ambition to become an exporter.

Over the last 10 years, rice exports have brought $2-3 billion to Vietnam a year. However, they are facing difficulties in nearly all key markets this year.

It is expected that the average dairy product demand of Vietnamese will increase to 28 liters per annum by 2020.

Many of Vietnam’s agricultural products – especially rice, vegetables and cassava – have faced barriers preventing their export to China, according to the Ministry of Agriculture and Rural Development.

Vietnam’s fruit exports to China in Q1 decreased by 6.3 percent compared with the same period last year. The door to the biggest export market is narrowing.

In an effort to encourage exports in the context of the trade war, the Chinese central bank PBOC has set the yuan/US dollar reference exchange rate at 6.8365 yuan per US dollar, the lowest level since January 2019.

China has fallen from the No 1 position on the list of Vietnam’s biggest rice export markets into the seventh position. The growth of seafood exports to the market has also slowed down.

Vietnamese enterprises need to take the initiative and increase exports through official channels to China as Chinese consumers now demand higher quality products, experts say.

Vietnam takes pride as one of the world’s biggest natural rubber exporter, but it still has to spend nearly $1 billion a year to import mostly synthetic rubber products to satisfy domestic production.

VietNamNet Bridge - Seventy-five percent of Vietnam’s farm produce is exported to China, but the figure could fall as China grows more of its own food.

VietNamNet Bridge - China has been expanding the growing area of many kinds of farm produce and has gradually reduced imports from Vietnam.

VietNamNet Bridge - Vietnamese businesses face high risks when exporting farm produce to China across border gates via unofficial means. 

VietNamNet Bridge - The massive Chinese investment in Vietnam’s wooden furniture manufacturing may put Vietnam at a high risk of anti-dumping lawsuits.

VietNamNet Bridge - Since Vietnam heavily relies on China, a major import/export market, it has encountered difficulties as China has tightened cross-border imports and set barriers to Vietnamese farm produce.