USDA’s Office of Agricultural Affairs (OAA) in Hanoi reports that Vietnam has Southeast Asia’s fastest-growing middle class. Urban dwellers have fared particularly well during Vietnam’s economic transformation. Citizens living in first and second-tier cities have income about two to three times higher than the national average and are more open to new and high-value food products than shoppers in rural areas.
Vietnam has a young population, stable political system, commitment to sustainable growth, relatively low inflation, stable currency, strong foreign direct investment (FDI) inflows, and strong manufacturing sector. In addition, the country is committed to continuing its global economic integration, which allows more openings for foreign products and better alignment with international standards.
The forecast for growth in the retail and foodservice sectors is promising for U.S. exporters.
U.S. Food & Agricultural Product Imports to Vietnam, By the Numbers
Top U.S. products in demand:
Consumer & Foodservice oriented products:
Food Ingredients:
Tuesday, April 1, 2025: Arrive in Ho Chi Minh City
Wednesday, April 2, 2025: Briefing and Retail Tour
Thursday, April 3, 2025: One-on-one meetings with Buyers
Friday, April 4, 2025: Depart Ho Chi Minh City
Schedule is subject to change.
Due to the nature of the global pandemic and its impact on international travel, please consider resources such a www.travel.state.gov when determining if this event is appropriate for you or your company.
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