Vietnam’s agricultural advantage edge at risk due to lack of deep processing

Vietnam has emerged as one of the top ten global exporters of agricultural and food products. However, despite growing demand, businesses are struggling to meet orders due to limitations in deep processing technology and infrastructure.

According to the latest data from the Ministry of Agriculture and Rural Development (MARD), as of the end of 2023, Vietnam had around 13,000 agricultural processing facilities nationwide.  Despite this, most businesses continue to struggle with limited production capacity and a low level of deep processing. In the seafood processing sector alone, while there are nearly 4,500 facilities, only about 850 operate at a scale that supports exports.

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Translated by Thuy Doan