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- (-) April 2023
- (-) Vietnam
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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.
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.
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.
The United Arab Emirates' food processing sector continues to expand, bolstered by strong economic growth and local demand. There are over 568 food and beverage processors and manufacturers in the UAE, most of which are small to medium size.
Strong tourism, high petroleum rents, and an accompanying economic boom in the United Arab Emirates are forecast to grow the consumptive base and drive imports of wheat and rice higher in the coming marketing year.
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.