BMI View: Recent developments in Vietnam's economic and business environments add further weight toour positive view on its agribusiness sector. The industry holds strong growth opportunities in terms ofproduction, exports and retail sales, particularly with regard to the livestock and dairy sectors. Moreover,economic and financial integration in South East Asia will benefit Vietnam's exports. However, thecountry's potential will only be fulfilled if it steps up its competitiveness and improves product quality andsupply chain efficiency.
Coffee production growth to 2020/21: 8.3% to 31.2mn 60kg bags. Production growth will increasinglyrely on yield improvement, as the country will continue to reap the fruits of its replanting programmewith higher-yielding trees. Export opportunities, coming from increasing demand for robusta coffee fromemerging markets, will continue to support production.