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Growing Demand for Agri-Products in Vietnamese Markets

Growing Demand for Agri-Products in Vietnamese Markets

2021-07-12

In the present moment, organic agri products are gaining tremendous popularity. Hence, there is great potential in the markets for the development of these products. Moreover, Australia is a great potential market for Vietnamese products that are slowly starting to gain popularity. Mekong Organics is Australia’s first choice when it comes to organic agri products. Currently, this organisation has been selected to collaborate on a project that promotes and encourages the nurturing of organic agricultural technology, certification and trade between the two countries. This project is a part of the Australia-Vietnam Enhanced Economic Engagement Grant pilot program.

The Director of Mekong Organic, based in Canberra, has opined that by studying the newest reports on agri products, he has realised the true potential and opportunity that it holds. Also, the potential for these products to enter the Vietnamese markets is huge. This is due to the current exponential growth that is being witnessed all around the world. It is especially seen in the United States, Europe, Canada and even Australian markets. Additionally, Mekong Delta, operating from Vietnam, has a hoard of advantages when it comes to creating a shift to ecological and organic agri products. This can now be at par with the shift that is taking place in the rest of the world.

Background of Agri Products

The General Director of TM Organics, Tim Marshal, the market potential for agri products have surmounted to over 2.5 AUD. This is going to continually increase in the future. The concepts of organic agriculture were developed in the early 1900s by Sir Albert Howard, F.H. King, Rudolf Steiner, and others who believed that the use of animal manures (often made into compost), cover crops, crop rotation, and biologically based pest controls resulted in a better farming system. Also, organically grown food is food grown and processed using no synthetic fertilizers or pesticides. Pesticides derived from natural sources (such as biological pesticides) may be used in producing organically grown food.