This report provides an overview of Vietnam’s certification requirements for imported food and agricultural products. In the first six months of 2022, Vietnam made no changes to its certification requirements.
The United States is the largest bilateral agricultural trading partner without a free trade agreement with Vietnam. This report summarizes the tariff and non-tariff competition that U.S. agricultural products face in Vietnam, as the result of the numerous bilateral and regional free trade agreements that Vietnam has signed with other trading partners.
Burma’s aquaculture production and export in MY 2021/22 will remain flat as COVID-19 restrictions and the military coup continue to dampen the economy. Post anticipates lower U.S. soybean meal (SBM) and distiller’s dried grain with solubles (DDGS) exports to Burma in MY 2021/22 in line with slower aquaculture development and changes in foreign currency controls.
Social media has become an indispensable tool for marketing food and beverages in Thailand. Effective social media marketing is the key for growth in any food and beverage business; however, the social media landscape is changing continuously as new platforms and features emerge.
Russian invasion of Ukraine is expected to significantly affect Thai agriculture. Agricultural production costs are expected to increase 7-13 percent in livestock production and 10-17 percent in field crops due to the surge in prices of feed-quality grains and fertilizers.
The COVID-19 health crisis continues to change the behavior of consumers and shaping new trends in the food and restaurant industry. Restaurants and retail stores are producing new products and services that are based on the consumer trends towards health and wellness.