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E-commerce worth over $14 billion

Agriculture in Vietnam

Importance of Agriculture

The agriculture sector makes up one third of Vietnam’s continuously developing economy. In 2018, agriculture, forestry and fishing accounted for 14.68 percent of the country’s GDP. Within the Asia Pacific region, Vietnam’s growth of the agriculture sector was comparable to, for instance, Pakistan and Indonesia. The agricultural land area makes up 39.25 percent of Vietnam’s total land area. The agriculture sector accounts for 39.45 percent of total employment in Vietnam with approximately 20.47 million employed people in agriculture.

The gross output per hectare of cultivated land reached approximately 90.1 million Vietnamese dong while the gross output per hectare of aquaculture water surface reached about 226.3 million Vietnamese dong. Vietnam’s main agricultural crops are rice, cassava, maize and sweet potatoes. The rice consumption in Vietnam reached 21.5 million metric tons, ranking it on fifth place after China, India, Indonesia and Bangladesh. The country’s main industrial plants are coffee, coconut, rubber, tea, pepper and cashew nut as well as sugar cane, peanuts, soy, tobacco and sesame. In terms of livestock production volume in Vietnam, values are highest for pork and poultry followed by cattle and buffaloes. Main aquaculture products include fish and shrimp.

Organic

Vietnam was among the leading countries with the largest share of organic agricultural area, amounting to about 58 thousand hectares. The country had around ten thousand producers of organic agricultural land. This is especially relevant as surveyed consumers in Vietnam purchase organic food often.

Vietnam faced some climatic challenges in the past such as a severe drought in 2016. The country’s temperature increased by 0.9 degrees Celsius in the meteorological year of 2019. The risk index for natural disasters in Vietnam was estimated to be highest for flooding and lowest for earthquakes. However, support from international organizations has been providing financial and educational assistance to improve food security and food safety in the country.

Source: Statista.com

Vietnam Business Consulting provides outsourcing of:

1. Coconut milk
2. Coconut water
3. Coconut oil
4. Coconut powder
5. Coconut cosmetics
6. Rice, broken rice
7. Canned pineapple
8. Roasted Arabica
9. Roasted Robusta
10. Green coffee beans

11. Cashew nuts
12. Avocado
13. Banana
14. Dragon fruit
15. Durian
16. Guava
17. Jackfruit
18. Mango
19. Papaya
20. And more….

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