US Department of Agriculture launches trade mission in Vietnam

September 13, 2024 | 10:37

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US Department of Agriculture Under Secretary for Trade and Foreign Agricultural Affairs Alexis M. Taylor arrived in Ho Chi Minh City this week to launch a US Department of Agriculture (USDA)-sponsored agribusiness trade mission.

US Department of Agriculture launches trade mission in Vietnam

Taylor is leading a delegation of officials from 60 US agribusiness and farm organisations and nine state departments of agriculture, seeking to develop and expand business opportunities with importers in Vietnam and other Southeast Asian countries. The trade mission is taking place from September 9-13.

“I am honoured to lead this diverse delegation to Ho Chi Minh City and Hanoi as we celebrate the first anniversary of the US-Vietnam Comprehensive Strategic Partnership. Agriculture plays a huge role in our bilateral trade relationship, and Vietnam now ranks as the United States’ 10th-largest export market for agricultural and food products,” Taylor said.

“Throughout the week, the participating companies will meet with businesses from Myanmar, Cambodia, Thailand, and Vietnam to foster strategic partnerships that will lay the groundwork for future sales,” she added.

Exports of US agricultural and related products to Vietnam, which totalled nearly $3.5 billion in 2023, are recognised by Vietnamese consumers, importers, and retailers for their reliability, quality, and sustainability.

US tree nuts, fresh fruit, poultry, beef, and pork are in particularly high demand by Vietnam’s food processing, retail, and restaurant sectors.

US and Vietnam boost investment and trade cooperation

Since the historic elevation of the US-Vietnam relationship to a Comprehensive Strategic Partnership last year, bilateral cooperation has expanded across key areas, especially investment and trade.

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