However, along with pending internal shortcomings, the unusual and unprecedented developments in the world geopolitical situation since the beginning of 2025 have pushed international gold prices to continuously increase, resulting in strong fluctuations in domestic gold prices, and the growing gap between domestic and world gold prices.
Nguyen Duc Dung, Deputy General Director of the Mercantile Exchange of Vietnam (MXV), noted that coffee prices in the global market rose sharply. As a result, Vietnam's coffee export value increased by over 37% during this period, though its export volume decreased by 22%.
Trading through commodity exchanges would help mitigate risks for both buyers and sellers and create fair, competitive prices for Vietnamese agricultural products as well as prevent the recurring crashing of prices when farmers have bumper crops, speakers told a seminar in Ho Chi Minh City late last week.
The PetroVietnam Exploration Production Corporation (PVEP) contributed over 7.99 trillion VND (over 344,66 million USD) to the State budget in the first five months of 2022, surpassing the target by 92 percent.
Tuna export has maintained a high growth rate in the first months of 2022 despite strong fluctuations in the world market over the past more than one year, partly thanks to free trade agreements that Vietnam has signed.
There is an opportunity for Vietnamese chocolate to become a niche player in the world market with a brand of unique flavoured cocoa, according to the Belgian ambassador to Vietnam.
The escalating trade tension between the US and China will cause considerable impact on Vietnam’s export, according to Pham Tat Thang, head of the Institute for Trade Research.
Exports of aquatic products in the second quarter could increase by 8 percent at the highest, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnamese seafood companies need to work harder to realise the export target of 10 billion USD set by the Ministry of Agriculture and Rural Development (MARD) when oversea shipments in during January-July were estimated at only 4.66 billion USD.
The prices of RON 92 and E5 petrol and kerosene remained unchanged in the regular price review on December 5 while diesel prices increased slightly by 150 VND per litre as of 3:00 pm the same day.
Prices of oil and petrol products continued to decrease from 3:00pm on May 20, according to the latest adjustment of the Ministry of Industry and Trade and the Ministry of Finance the same day.