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Vietnam’s livestock and aquaculture sectors expanded in Calendar Year (CY) 2024 on steady economic growth and lower feed prices. Feed importers have increased purchases and diversified suppliers.
Cotton imports are forecast to grow by six percent to 7.6 million bales in marketing year (MY) 2025/26 based on expected growth in the textile and yarn sector.
On March 31, 2025, the Government of Vietnam (GVN) issued Decree 73/2025/ND-CP, reducing the Most-Favored-Nation (MFN) import tariff rates on corn, soybean meal, ethanol, frozen chicken drumsticks, in-shell pistachios, almonds, fresh apples, cherries, and raisins. The decree takes effect immediately.
The Vietnamese food processing industry grew by 7.4 percent in 2024 to $79.3 billion and food ingredient demand is expected to remain strong.
Vietnam’s soybean crushers are expanding capacity with new production lines coming online in the 2024/25 and 2025/26 marketing years.
In Marketing Year (MY) 2014/15 (Calendar Year 2015), the U.S. was unseated by Brazil as the largest exporter of soybeans to Vietnam.
On April 6, 2016, the National Assembly of Vietnam passed Law 106/2016/QH13 (Law 106) on amending and adding a number of articles to Law on Value Added Tax, the Law on Special Consumption Tax...
Export prices were unchanged over the week of April 30-May 6, 2016, compared to the previous week. Prices were firm at high levels possibly due to the support of the border trade demand from China.
The report provides trade data on Vietnam's monthly rice exports by grades and destinations, and weekly quotes for export rice by grades.