Eastin Grand Hotel Saigon
Vietnam is fast emerging as a key cassava producer and exporter. Vietnam exports USD 928 million worth of cassava – a large part of it goes to starch processors in China. Cassava is Vietnam's third largest export crop, after rice and coffee.
Not only Vietnam has doubled its cassava plantation area in recent years, it has also doubled its yield from 6 to 8 tonnes per ha to 19 tonnes per ha in 2015. This is largely due to the introduction of new high-yield breeding lines through collaboration with the International Centre for Tropical Agriculture (CIAT) and national partners in Vietnam and Thailand as well as scientists.
Vietnam also has a huge potential to boost cassava yield as recent trials indicate increases from 8.5 tonnes per ha to 36 tonnes per ha in some areas. With cassava as a cash crop is high on Vietnam's Ministry of Agriculture and Rural Development's agenda, the production is further expected to get a boost. This year, Vietnam also earned a 30,000 tonnes duty free quota for its native tapioca starch via trade agreement with the EU.
Cassava can be grown on small plots of land, it doesn’t require much care and it can grow in marginal upland conditions and tolerates stress, drought, heat and poor soil. Moreover, farmers also have the flexibility of growing cassava alongside other crops to spread their risk.
However, the decrease in demand from China has affected cassava exports from Vietnam in 2016. According to the Ministry of Agriculture and Rural Development (MARD), exports of cassava and cassava-based products have declined significantly in 2016 – with the export figure standing at 2.6 million tonnes worth US$700 million - down 14.5 percent year-on-year in volume and 22.5 percent in value. China accounted for nearly 86 per cent of the exports, but it was down to 32 per cent in value year-on-year as per the General Department of Việt Nam Customs data.
Vietnam’s cassava shipments to South Korea, Japan and the Philippines were also down with only Malaysia buying 15.1 per cent more of its cassava.
More about Vietnam cassava production and exports at 6th Starch World Asia on 16-17 January, 2017 in Ho Chi Minh.
Find out more about the conference from Ms. Huiyan at email@example.com or call +65 6346 9113.