According to Vietnamese trade counselors, in 2021, Vietnamese goods, in general, have a great opportunity to export to Europe, Northern Europe, the US, the Eurasian Economic Union, Japan, South Korea, and China.
According to the Ministry of Industry and Trade, Vietnam is among top agro-forestry-aquatic product and food exporters in the world with export turnover growth of around 8-10 percent annually but raw material export still accounts for a large proportion.
The Ministry of Industry and Trade on November 1 officially deployed activities to promote advertising of agricultural and food products of Vietnam in Ho Chi Minh City.
According to the Association of Vietnam Retailers, in the past years, the food processing and packing industry in Vietnam has developed with a growth of 15-20 percent per year and is forecast to continue to grow in the near future.
For foreign investors, food processing industry offers enormous investment potential both in terms of the domestic market and exports, said the organizer of the seminar to promote investment in the field.