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This report provides an unofficial translation of Vietnam's Government Decree 120/2024, issued on September 30, 2024.

Growth in the agricultural sector slowed in the first nine months of 2024 due to extreme weather, particularly Typhoon Yagi, which severely affected crop cultivation and livestock farming.

Vietnam’s food retail market consisted of over 665,000 outlets generating sale revenue of $55 billion in 2023, up four percent compared to 2022. Although the global economic downturn has slowed growth, key retailers remain optimistic about the potential of Vietnam's retail market.

Post maintains Vietnam’s soybean meal consumption forecast for the marketing year (MY) 2023/24 at 5.85 million tons, aligned with feed consumption. It expects consumption to rise to 6.1 million tons in 2024/25 due to increased demand for animal and aquafeed.

This report supersedes VM5022 and provides a new summary and revised un-official translation of the Ministry of Agriculture and Rural Development (MARD)’s Circular 12/2015/TT-BNNPTNT, dated March 16..

This report consists of two Parts which provide summaries of two new regulations issued by the Ministry of Agriculture and Rural Development regarding the Risk Assessment of Live Aquatic Species...

This report provides a brief on the Vietnamese Government’s elimination of the Value Added Tax (VAT) for animal feed products.

The report provides trade data on Vietnam's monthly rice exports by grades and destinations, and weekly quotes for export rice by grades.