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Vietnam offers abundant opportunities for exporting consumer-oriented products, despite the challenges of recovering from the COVID-19 pandemic and dealing with high inflation. The Vietnamese economy is poised for significant expansion in the coming decades. With a burgeoning population and a growing middle class, Vietnamese consumers are becoming more discerning about the origin and composition of their food.

This report provides an unofficial translation of Vietnam’s Ministry of Agriculture and Rural Development (MARD) Circular 04/2024 dated April 1, 2024. This Circular amends and supplements existing Circulars concerning the quarantine of terrestrial animals and their products, and it will enter into force on May 16, 2024.

On January 30, 2024, Vietnam notified a draft Circular concerning the quarantine of terrestrial animals and their products to the World Trade Organization (WTO).

Vietnam is a growing market for beef and beef products, with demand driven by numerous factors including a growing population, economic growth, widening integration with global economies through free trade agreements, rising income per capita, and expanding modern retail and food service channels.

Malaysia was the 26th-largest export destination for U.S. agricultural products in 2022, totaling nearly $1.1 billion in value, and is a top prospect for exports of food and beverage ingredients because of its large and growing food processing industry.

The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.

The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.

Malaysia again extended the subsidy for the poultry industry until December 2022 to stabilize the price of whole chicken (processed and sold with head, feet, and organs) and eggs, as stated by the Ministry of Agriculture and Food Industries (MAFI) on Sunday, October 9, 2022. In total, Government of Malaysia (GOM) allocations for chicken and egg subsidies from February to December 2022 will amount to RM1.233 billion (USD$265.16 million).

Malaysia was the 25th largest export destination for U.S. agricultural products in 2021 and is a top prospect for exports of food and beverage ingredients because of its large and growing food processing industry. Food and beverages manufactured in Malaysia not only serve domestic consumers but are also exported to many neighboring countries. U.S. exporters of dairy products, fresh and processed potatoes, food-grade soy, processed fruit and juices, tree nuts and more have many opportunities to supply Malaysian industry which depends on imports for key ingredients and inputs, and in doing so will reach consumers across Malaysia and throughout Southeast Asia.

Effective June 1, 2022, Malaysia intends to ban export of poultry products to ensure sufficient domestic supply. This is the latest in a series of measures taken to try to combat rising food prices in the country.