Vietnam Agribusiness Report Q3 2014: New research report available at Fast Market Research

From: Fast Market Research, Inc.
Published: Thu Jul 31 2014


Recent adjustments in our outlook for Vietnam's economy and business environment add further weight to our positive view on the country's agribusiness sector. The industry holds strong growth opportunities in terms of production, exports and retail sales, particularly with regard to the rice, coffee, livestock and dairy sectors. However, Vietnam is facing growing competition in its key markets, and the fulfilment of its promising potential will only be achieved if the country steps up its competitiveness and improves product quality and supply chain efficiency. Vietnam will have to significantly ramp up investment in crop productivity in order to avoid being left behind, and if it wants to succeed in producing more value-added crops and maintaining its status as an export spearhead.

Key Forecasts

* Rice consumpt ion growth to 2018: 4.0% to 22.2 mn tonnes. Rice remains the major food staple in Vietnam, and we do not see this changing over our forecast period. However, rising interest in other foods such as wheat-based goods - supported by growing affluence - will restrict demand for rice, and over the forecast period we expect production growth to significantly outpace that of consumption.
* Corn pr oduction growth to 2017/18: 32.9 % to 6. 4 mn tonnes. Although acreage is likely to remain stagnant or diminish; current yield immaturity means significant gains are still available, especially as robust local corn prices provide incentives to farmers. Domestic consumption will be another important driver.
* Milk production growth to 201 7/18 : 21.9% to 484,700 tonnes. Dramatic increases in cattle numbers and increased public and private sector investment - part of the effort to reduce the country's growing import dependency - will be the main boost to growth. Commercialisation will also play a key role as larger, more efficient farms come to play a greater role in milk...

Full Report Details at
- http://www.fastmr.com/prod/841314_vietnam_agribusiness_report_q3_2014.aspx?afid=303

The Vietnam Agribusiness Report features Business Monitor International (BMI)'s market assessment and independent forecasts for production, consumption and trade across core agricultural commodities.

BMI's Vietnam Agribusiness Report includes independent commodity price forecasting and analysis for key agricultural outputs, an overview of the agribusiness competitive landscape and a discussion of the downstream context of agricultural production in relation to country food consumption forecasts and composite food and beverage trade forecasts.

Key Benefits

* Use BMI's independent industry forecasts to test other views - a key input for successful planning in dynamic agribusiness markets.
* Apply BMI's medium-term commodity price analysis to assist with budgetary planning and the identification of investment opportunities and potential risks.
* Assess the activities and market position of your competitors, partners and clients.

Coverage



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