Vietnam, Ohio sign 600 million USD agricultural deal

Chia sẻ
(VOVWORLD) - Vietnamese and American businesses have signed a 600-million-USD memorandum of understanding to boost imports of animal feed ingredients from the US state of Ohio. 
Vietnam, Ohio sign 600 million USD agricultural deal - ảnh 1A Vietnam-Ohio business networking event held during Minister Do Duc Duy’s Ohio visit. (Photo: Vietnamese Ministry of Agriculture and Environment)

The agreement was reached during a recent working visit to Ohio by Vietnam’s Minister of Agriculture and Environment Do Duc Duy.

Vietnam is a major exporter of tropical agricultural products such as coffee, cashew nuts, pepper, fruit, and wooden furniture while the US, particularly Ohio, offers temperate goods like soybeans, beef, corn, timber, milk, and dairy products. The new partnership is expected to diversify product offerings, ensure quality and traceable origins, and enhance distribution channels for agricultural and wood products.

Both sides agreed that there is significant potential to deepen agricultural cooperation. During the visit, several Vietnamese companies also explored opportunities to import more timber, fruit, and meat products from Ohio.

Feedback