Green-skinned grapefruit from Ben Tre is sold in the US market. Photo: Contributor

Export to the United States

According to the Department of Finance, in 2024, the province's exports to the United States reached 537 million USD, an increase of 14.51% over the same period in 2023 and accounting for 30.67% of the province's total export turnover. The province's main export items to the United States are textiles and garments, accounting for more than 45%, coconut products accounting for about 38%, seafood 4%... There are currently about 26 enterprises in the province exporting to the United States.

In 2024, the province imported 18 million USD from the US, an increase of 4.6% over the same period in 2023. The main imported items are production materials, machinery and equipment.

In the province, there is one project with direct investment capital from the United States: The project "Production, processing, trading of coconut products" in Mo Cay Nam district, which was granted an investment certificate in 2011, invested by COCOVINA Investment LLC, with a total registered capital of 8.6 million USD. In addition, the province also has one enterprise investing in the United States, Luong Quoi Coconut Processing LLC (one of the 22 leading enterprises in the province), with a total investment capital of 950 thousand USD.

On April 2, 2025, US President Donald Trump announced the imposition of reciprocal tariffs on imported goods from many countries, of which Vietnam was subject to a tax rate of up to 46%. But just a few days later, Mr. D. Trump suddenly announced a 90-day suspension of the application. This decision has given Vietnamese businesses more time to prepare and find solutions to adapt to the complex fluctuations of global trade.

Ben Tre is a province that produces many coconut products for export to the United States. The imposition of high reciprocal tax rates has significantly affected production and export in the province. Mr. Cu Van Thanh - Director of Luong Quoi Coconut Processing Company Limited - Permanent Vice President of the Provincial Business Association shared: “Currently, in the context of a polarized world market, US tariffs and many external factors cause difficulties... but our businesses are full of confidence. Because our internal strength is in terms of thinking; the assessment of leaders from the Central to the province is very clear and enthusiastic. That is a great motivation for our businesses. As for external difficulties, difficulties in production and business are always there. In danger there is opportunity, in difficulty if we try to rise up, we will grow up and overcome everything. Therefore, our businesses are full of confidence to move forward in the era of national growth”.

Accelerate development

On April 29, 2025, Chairman of the Provincial People's Committee Tran Ngoc Tam signed and issued Document No. 2970/UBND-TH on the implementation of a number of key tasks and solutions to promote economic growth in 2025. The Chairman of the Provincial People's Committee requested heads of agencies and units, according to their assigned functions and tasks, to continue to resolutely and effectively implement Conclusion No. 123-KL/TW dated January 24, 2025 of the Central Executive Committee, Resolution No. 192/2025/QH15 of the National Assembly, Resolution No. 25/NQ-CP dated February 5, 2025 of the Government, Resolution No. 14-NQ/TU dated December 5, 2024 of the Provincial Party Committee...

Heads of provincial departments, branches, sectors, central agencies in the province, chairmen of district and city People's Committees need to proactively monitor developments in the world and the region to have timely, appropriate and effective response policies, proactively develop response scenarios, and avoid being passive and surprised. In particular, it is necessary to immediately deploy flexible and effective adaptation solutions both in the short and long term to the new US tariff policy. Continue to thoroughly grasp, lead and direct agencies, units and localities to focus on removing difficulties, obstacles and shortcomings to help unblock the economy, in implementing closely the growth scenario set out in Report No. 123/BC-UBND dated February 27, 2025 of the Provincial People's Committee, especially directing and effectively implementing key tasks and solutions to maintain growth momentum.

A notable content that the Provincial People's Committee requested in Document No. 2970/UBND-TH is: To more resolutely, strongly and effectively implement tasks and solutions to promote disbursement of public investment capital, striving to disburse public investment capital in 2025 to reach 100% of the plan assigned by the Prime Minister. Speed ​​up the progress of key and important projects. Propose timely handling of violations, weak capacity, fear of responsibility, shirking, avoiding, and failure to complete disbursement tasks. Take full responsibility before the Provincial People's Committee and the Chairman of the Provincial People's Committee for the results of public investment capital disbursement in 2025 of agencies and units.

Heather

Source: https://baodongkhoi.vn/chu-dong-thich-ung-linh-hoat-trong-san-xuat-kinh-doanh-05052025-a146128.html