Vietnam has strong demand for soybeans, corn, cotton, and iron ore to support feed production, textiles, and metallurgy, said Vietnamese Ambassador to Brazil Bui Van Nghi during a recent meeting with Mauricio Buffon, President of the Brazilian Association of Soybean Producers (Aprosoja), in Brasilia.

Vietnam exported 4.68 million tonnes of rice in the first six months of this year, earning US$2.98 billion, according to the Ministry of Agriculture and Rural Development.

Vietnam spent US$9.07 billion to import nearly 22.3 million tonnes of raw materials for animal feed production in 2021, according to the Ministry of Agriculture and Rural Development (MARD)’s Department of Livestock.

VOV.VN - Vietnam imported US$2.93 billion worth of animal feed and materials during the first seven months of the year, according to the General Department of Vietnam Customs.

Vietnam’s animal feed exports would likely touch the US$1 billion mark in the near future as many large-scale enterprises in the field have continued to expand their production, trade experts have predicted.