There are 2 item(s) tagged with the keyword "Vietnam".
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In a time of ever-changing global markets, competition and general uncertainty, keeping abreast of and open to new opportunities for U.S. animal food products can provide an alternative means for survival. In my last blog, I discussed how Vietnam is one of the fastest growing economies in Asia and boasts very real, untapped potential. It warrants further investigation by the American Feed Industry Association as well as U.S. businesses interested in expanding.
Even before the pandemic, the protracted trade war between the U.S. and China and widespread animal disease outbreaks in Asia left supply chains frayed and sales in question. Since the introduction of COVID-19, the economic slowdown and uncertainty around some of the basics, such as the availability of flights, containers and other logistics to export markets, has further put the pinch on sales. If it is not already in your export portfolio, animal food manufacturers should consider Vietnam and whether there is value and sales opportunities there.
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