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Vietnam’s economy is on the path to recovery. Post revises Vietnam’s MY2022/23 soybean meal consumption down to 5.65 MMT due to lower aquaculture feed consumption and forecasts an increase to 5.85 MMT in MY 2023/24.
On February 2, 2024, Vietnam's Ministry of Agriculture and Rural Development (MARD) issued Circular 01/2024/TT-BNNPTNT, announcing the List of Harmonized System (HS) codes for Goods under MARD's state management and the List of Imported and Exported Goods subject to Specialized Inspections in the agricultural sector.
On January 30, 2024, Vietnam notified a draft Circular concerning the quarantine of terrestrial animals and their products to the World Trade Organization (WTO).