1. At this time every year, the production and export-serving industries in the province are preparing for the peak season. However, this year, the market has slowed down, not hoarding as usual but still following the outstanding export trend from the beginning of the year until now, which is "running ahead". This comes from the mentality of companies and corporations wanting to avoid new US tariffs. The worrying thing is that it is not only the US market but also causes a chain reaction with other markets.
That is the reason why, up to now, export companies and corporations are in a state of fulfilling orders, otherwise stopping, instead of focusing on storing raw materials and goods like before. This assurance of safety in production and business is in line with the company's plan, but on the other hand, it also creates a widespread stagnation in related activities, even the provision of food.
The leader of the Chicken Egg Production Company in Tra Tan Commune (Lam Dong Province) said that for a long time, at this time, factories in industrial parks in Ho Chi Minh City, Dong Nai, Binh Duong ... have been buying eggs to prepare meals for workers. Because workers are working overtime to produce stock, but now, the company's egg sales have decreased by 30%. Therefore, at this time, the company is focusing on building a brand from farm to table, as well as completing the required procedures and conditions to prepare for exporting products to Singapore, Saudi Arabia markets next year...
Meanwhile, a company specializing in shoe manufacturing for export to the US and French markets in the Nam Ha Industrial Park (Tra Tan Commune) is also slowing down orders. During this time, the unit is building a phase 2 factory, recruiting more training workers, increasing the number of workers at the company to more than 4,000 people. It is preparing to carry out orders that are expected to increase by the end of the year or in 2026.
2. The above moves show that insiders are aware of the transformation of the export market. In fact, over the past 10 months, companies and corporations, after taking advantage of "preemptive" exports to avoid US tariffs, are now cautiously stepping up their exports towards the end of this year.
This is the general situation of the whole country. From a certain perspective, it is thanks to this "running ahead" that the country's export growth in the past 10 months has been very positive. Lam Dong is no exception. Specifically, in the Southeast region of the province, where many industrial parks and industrial clusters with a variety of export products are concentrated, the export turnover of goods in 10 months reached more than 668 million USD. This shows that both the state and private economies have increased turnover, and especially the economy with foreign investment capital has an increase in turnover of 152.4% compared to the same period last year. Besides, some products with high export turnover have emerged such as: rubber increased by 624.4% and earned nearly 29 million USD, vegetables and fruits increased by 175.4% with 16.5 million USD, footwear of all kinds increased by 202%, reaching more than 98 million USD... Meanwhile, export products with large turnover are still maintaining a stable position, although the increase is not high such as textiles with nearly 215 million USD, equal to 102% compared to the same period, seafood 240 million USD, equal to 75% compared to the same period...
In the last months of the year, according to the assessment of the export market, many difficulties have appeared at present. That is, in addition to the US's reciprocal tax, some key markets have temporarily stopped importing Vietnamese rice, most recently the new decree on tax on imported wooden furniture from the US: From October 14, 2025, softwood and sawnwood imported into the US will be subject to a 10% tax; kitchen cabinets, bathroom cabinets and upholstered wooden furniture products will be subject to a 25% tax. In addition, from January 1, 2026, the tax rate on upholstered furniture will be 30%; kitchen cabinets and bathroom cabinets will be 50%. This will affect the export of product groups.
Therefore, the end of this year, the export turnover is full of challenges and opportunities. Because the market is unpredictable like every year, the answer will be clear at the end of the year, with unexpected factors.
Lam Dong Statistics said: “The world economy in the first 9 months of 2025 recorded a short-term optimistic signal when international organizations slightly raised their full-year growth forecast to 2.4% - 3.2%, mainly due to “front-running” export activities to avoid new US tariffs. However, this is only a temporary driving force and global growth is forecast to slow significantly by the end of the year, when trade tensions increase and macro risks become more evident.”
Source: https://baolamdong.vn/xuat-khau-chay-truoc-397953.html
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