As the demand for healthy products is increasing, both in Vietnam and elsewhere, the nation’s organic growers are seeing their investment and hard work over years pay off. Nguyen Lam Vien, chairman of HCMC dry fruit producer Vinamit, said 2020 is the year of organic farming in Vietnam because the Covid-19 pandemic has boosted demand for healthy products.
"Organic farming start-ups that began operations in 2018 and 2019 have reaped their rewards this year, with some reporting demand exceeding supply."
The rising popularity of organic produce comes amid the increasing use of plant protection products. Vietnam has been using around 100,000 tons of plant protection products a year since 2015, 10 times the amount used in the 1960-90 period, according to the Vietnam Plant Protection Association.
In the last few years many entrepreneurs have begun to invest in organic farming to tap into a small but growing market of consumers who are concerned about their health.
Some companies are optimistic about the possibility of exporting their organic products, especially with the EU-Vietnam Free Trade Agreement coming into effect recently. But industry insiders said the organic farming industry in Vietnam still has a long way to go and companies need to invest more in perfecting their business model.