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Post revised its Vietnam marketing year 2022/2023 (MY 2022/23) coffee production estimate down to 29.750 million bags, green bean equivalent (GBE), based on lower yields, high production costs, and a drop in cultivation area.
The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.
This report provides an unofficial translation of Vietnam’s Prime Minister Decision 300/QD-TTg dated March 28, 2023, to approve the National Action Plan on Food Systems Transformation toward Transparency, Responsibility and Sustainability in Vietnam by 2030.
Vietnam has notified a draft Circular to revise the List of Quarantine Pests to the World Trade Organization (WTO) as G/SPS/N/VNM/148 dated March 22, 2023. This report provides an unofficial translation of the draft Circular. The due date for comments is May 21, 2023.
FAS Rangoon (Post) forecasts Burma’s rice exports, corn exports, and wheat import smaller in MY 2023/24. Exporters and importers continue to face a lot of uncertainties with the continuing changing policies on export/import procedures and foreign currency controls.
Growth in Vietnam’s economy, including a rebound in tourism, is expected to fuel protein demands which will increase demand for feed grains in Market Year (MY) 2023/24. Post forecasts feed demand up to 27.7 million metric tons (MMT), a three percent year on year increase.
Vietnam’s economy has continued to rebound after the COVID-19 pandemic, while also being affected by global inflation and local price hikes for ingredients.
Post estimates that Vietnam cotton imports in marketing year 2022/23 (MY22/23) will decrease at least 5 percent year on year to nearly 6.3 million bales due to ongoing global low demand for textile and apparel products.
Vietnam’s food processing and manufacturing sector grew by 8.8 percent in 2022 versus 2021, while food retail revenue increased by 10 percent.
FAS Rangoon forecasts Burma’s corn production lower due to rising production costs, unstable security conditions in some production areas, and unfavorable weather especially in Shan State.
Vietnam’s Ministry of Agriculture and Rural Development (MARD) issued Circular 19/2022 on December 2, 2022, revising the List of Pesticides Approved for Use and the List of Pesticides Banned from Use in Vietnam.
This report serves as a practical guide for U.S. exporters wishing to initiate or increase exports of U.S. consumer-oriented and seafood products to Vietnam. It provides an overview of the market potential, practical tips, consumer preferences and trends, food standards and regulations, import and inspection procedures, and useful contacts.