Lam Dong's high expectations for export goods
In August 2025, export products in Lam Dong are expected to generate an income of more than $ 2.14 billion, compared to the same period last year, representing an increase of around 65% and achieving 70% of the year's plan.
The Lam Dong Department of Industry and Trade saw positive results despite a volatile global economy. Notably, the US imposed a 10% import tariff on all goods from April 5, 2025, and a 20% tariff on Vietnamese goods from August 7, 2025. However, Lam Dong’s August export turnover remained strong at nearly $300 million, up 8.2% from the previous month.
The sector reported that, over the past eight months, many key exports have risen year-on-year. Alumina and aluminum hydroxide increased nearly 30% ($438.4 million). Green coffee beans rose 11.22% ($402.5 million); garments and textiles grew almost 5% ($266.7 million); cashew kernels rose over 15% ($158.7 million).
To maintain export stability, the Department requested agencies and industry associations to update on enterprises’ production and exports under the 20% US tariff. It also made recommendations to help resolve obstacles and meet business, production, and export requirements.
The sector directed specialized divisions to help businesses boost border trade and expand exports to Cambodia. It provided timely updates on import-export activities through the Lang Son border gates, enabling enterprises to act on opportunities and avoid congestion during the harvest season for agricultural exports to China.
The Department informed businesses of trade promotion programs, such as trade missions to Germany and France (for agricultural products, food, consumer goods, handicrafts, textiles, and footwear). It also encouraged participation in the trade delegation and survey trip to the World Expo Osaka 2025 to capitalize on import-export opportunities in Japan.
For the remainder of the year, agencies will continue implementing their trade promotion plans while closely monitoring global markets. They will provide businesses with updated information, enhance product promotion, and strengthen trade links to boost exports. Enterprises are encouraged to take advantage of Free Trade Agreements (FTAs), particularly the Vietnam-UAE Comprehensive Economic Partnership Agreement (CEPA) signed in 2024, to gain access to markets in the Middle East, Africa, and other regions, including Saudi Arabia, Qatar, Kuwait, and North Africa.
These positive signals and focus on exports position the province to exceed its 2025 target, aiming for over $3.23 billion in turnover—a 14.51% rise from last year.