Agricultural exports play a pivotal role, maintaining export turnover of over USD 50 billion in recent years and making an important contribution to Vietnam’s economic growth. However, in the context of deep global economic integration, enterprises are facing substantial financial losses due to the lack of specialized risk prevention and hedging instruments. To bridge the gap in firm-level empirical research on multidimensional risk mechanisms, this study aims to identify and quantify the impacts of risk factors on the financial stability of agricultural exporting enterprises. The study employs quantitative methods based on a survey of 312 managers and finance officers from Vietnam’s key agricultural exporters (rice, coffee, cashew nuts, pepper, and fruits and vegetables). The findings provide important empirical evidence and recommend that the Government and the State Bank of Vietnam improve export credit insurance policies, maintain a flexible but managed exchange rate regime, and accelerate investment in and support for logistics infrastructure to enhance the competitiveness and sustainability of Vietnam’s agricultural sector.
Binh et al. (Wed,) studied this question.