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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.

Sri Lanka’s economic situation is improving and key agricultural inputs like fertilizers and agrochemicals are available in the market although they remain expensive. Rice production is expected to continue on a recovery path. Rice imports are...

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.

On February 18, 2025, Vietnam's National Assembly approved a major government restructuring, consolidating ministries and agencies, eliminating certain National Assembly and Party committees, and dissolving multiple state-run organizations to streamline operations and support economic growth.

The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health and Mass Media extended the implementation effective date of the Food (Trans Fat) Regulations (2022) from January 1, 2025 to July 1, 2025.

The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health and Mass Media extended the implementation effective date of the Food (Color Coding for Sugar Levels-Liquids) Regulations (2022) from January 1, 2025 to July 1, 2025.

The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health and Mass Media extended the implementation date of Food (Labeling and Advertising) Regulations (2022) from January 1, 2025 to July 1, 2025, except Regulations 13 (16), 13 (17), 13 (18), and 14.

On December 23, 2024, the European Union published Regulation 2024/3234, which officially delayed the entry into application of the European Union Deforestation Regulation (EUDR) until December 30, 2025.

Bisphenol A in food contact materials is banned in the European Unions as of January 20, 2025, with a phase-in period of one to three years depending on the product.