WELCOME TO
AGRI VIETNAM 2024 - YOUR BIGGEST OPPORTUNITY
AGRI VIETNAM 2024 is a very well-established event promoting Vietnam's rich Agriculture sector and presenting international companies with an unparalleled way to explore the huge business potential of this fast growing market.
The event provides an excellent networking platform for Agriculture Companies, Machinery & Equipment Companies, Technology Companies, Agro-Chemical companies, Agri-Input companies, and other agriculture solution companies to build valuable connections and explore numerous business opportunities.
VIETNAM AGRICULTURE OVERVIEW
• GDP: 362.64 billion US dollars (2021)
• Vietnam’s GDP growth is forecast to expand 7.5% in 2022 and 6.7% in 2023
• Agriculture employs 40% of the workforce
• GDP growth rate of Agriculture: 2.01%, contributng 4.6% to the overall growth
• Viet Nam’s agricultural exports rank second in Southeast Asia and 15th in the world
Vietnam's agro-forestry-fishery exports were estimated to hit 32.3 billion USD in the first seven months of 2022, up 12.2% against the same period last year.
Vietnam eyes global top 10 in agricultural processing
Vietnam will develop modern, efficient and sustainable agricultural processing to meet the demands and standards of the global market.
Among its objectives, over 90% of work in the cultivation of key crops is to be mechanised by 2025 and over 70% of work in cultivation in general will be completely mechanised by 2030.
The agricultural processing industry is expected to record an annual growth rate of over 8% in its added value by 2025 and 10% by 2030. Post-harvest loss of key crops is to be curtailed by 0.5% - 1% annually. Processed products will make up 60% of the export value of key farm produce.
In this strategy, Vietnam plans to develop modern agricultural processing enterprises whose financial strength and governance are in line with global firms. It is also set to develop industrial clusters for farm produce processing that are linked with concentrated and mechanised material production zones.
Souce: MARD
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