Vietnamese businesses find opportunities at the BIOFACH INDIA 2023 Organic Food Fair.
- 193
- Business
- 22:08 12/09/2023
DNHN - Participation in BIOFACH INDIA 2023 paves the way for closer cooperation between Dong Nai province, Vietnam, and India in the organic food industry.
The 6-8 September 2023 Organic Food Fair (BIOFACH INDIA 2023) is an important international event in the organic food industry. This event provides an opportunity for global organic food industry leaders to network with one another.
Participating in the fair, the delegation made contact with companies involved in the development of organic products, thereby creating opportunities for collaboration in the development of organic agricultural products. The expanding size of the organic food market and rising awareness of organic food's health benefits are driving the expansion of this industry. Organic food promotion will benefit both human health and the environment.
Participation in BIOFACH INDIA 2023 also creates opportunities for closer cooperation between Dong Nai province, Vietnam, and India in the organic food industry. This event created new opportunities and brought the two nations closer together in promoting the growth of the organic food industry and ensuring the health of all individuals.
The Indian organic food market is anticipated to reach USD 1.28 billion in 2022 and USD 4.6 billion in 2028, expanding at an impressive annual rate of 23.8% between 2023 and 2028. This market is expanding due to increasing awareness of the health benefits of organic foods, increased investment in organic agriculture, and awareness of health and environmental issues. strong.
Respecting the significance of a robust immune system, the COVID-19 pandemic has also accelerated the growth of the organic food market. This has increased the demand for organic foods, as consumers are increasingly concerned with the quality and nutritional value of their food.
Vietnam's most important trading partner in South Asia is India, one of the world's leading producers and exporters of organic foods. Trade turnover between the two countries is increasing and has reached a record high in 2022, with a total value of 15 billion USD. This represents a significant opportunity for cooperation in the field of organic food and the ability to create favorable market development conditions in the region and globally.
P.V (t/h)
Related news
- Expert Lại Thiên Phong: Localizing digital transformation – a new growth driver for Vietnam
- Are Vietnamese firms overlooking their most valuable “gold mine”?
- Iran Conflict and the “Double Shock” to the Global and Vietnamese Economies
- After 8 years and trillions sent abroad, are uST investors caught in a risky no-exit situation?
- When Cryptocurrency leaves the "Grey Zone": How are Vietnamese investors seeking profits?
- When the tech unicorn dream is undermined by reckless fundraising structures
- From New Year messages of World Leaders to the “new rules” of the Global economy in 2026
- Connecting Leaders, Shaping the Future: Strategic Leadership Planning Meeting – CorporateConnections Hanoi A
- Sunlight - Unilever Vietnam Recognized for Outstanding Contributions to the National Initiative Supporting Women Entrepreneurs
- Deputy Prime Minister Nguyễn Chí Dũng: “The country’s major challenges weigh heavily on my mind — and we must resolve them together.
- Unitsky String Technologies signs cooperation agreements with three Vietnamese partners, opening a new direction for smart mobility and sustainable development
- When artists do business – livelihood is no poetry!
- Before the D‑day to abolish flat‑rate tax: Fear of technology and costs leave small traders struggling to adapt
- Vietnamese enterprises at a crossroads: the impact of a potential US–China deal
- "Digital technicians" must not be forgotten if Vietnam aims to meet its strategic goals
- HDBank: Impressive profit growth, leading in profitability and advancing international integration
- TNI King Coffee sued for over VND 5 Billion in unpaid debts
- VINASME and Jeonnam Technopark Sign MOU on technology cooperation, human resource training, and trade promotion
- Vietnamese entrepreneurs strengthen ASEAN connectivity in the digital iIntegration era
- Vietnam upgraded to Secondary Emerging Market by FTSE Russell
Đọc thêm Business
CEO Nguyễn Tất Tùng: only by anchoring in culture and preserving national identity can Vietnamese entrepreneurs reach the world
In a setting imbued with the rich cultural essence of Kinh Bắc, the 15th anniversary celebration of Dragon Travel was far more than a typical corporate event.
Expert Lại Thiên Phong: Localizing digital transformation – a new growth driver for Vietnam
On the morning of April 21, at the Ministry of Science and Technology, the Agency for Technology Entrepreneurship and Commercialization Development announced the 2026 innovation agenda aligned with the National Strategy for Startup and Innovation.
Building and accumulating intangible assets: a sustainable competitive advantage
In an intellectually vibrant afternoon of the business community, a seemingly old question was raised again in a way that made the entire audience rethink from the beginning.
From cost optimization to “survival optimization”: Vietnamese firms confront supply chain volatility
A fresh surge in domestic fuel prices is not only squeezing household budgets but also triggering a quiet yet profound wave of concern across Vietnam’s business community.
What truly defines corporate value in a rapidly evolving digital era?
In the digital age, corporate value is no longer confined to tangible assets but increasingly resides in brand equity, data, and knowledge - intangible assets that ultimately determine competitive strength.
Are Vietnamese firms overlooking their most valuable “gold mine”?
In the digital economy, corporate value no longer primarily resides in factories or machinery. A growing body of research highlights a fundamental shift in how value is created.
Iran Conflict and the “Double Shock” to the Global and Vietnamese Economies
The outbreak of conflict in Iran since late February 2026 is sending significant shockwaves through the global economy.
After 8 years and trillions sent abroad, are uST investors caught in a risky no-exit situation?
The article “When the Tech Unicorn Dream Is Undermined by Careless Capital-Raising Funds” pointed out legal risks and financial structural issues in the fundraising model related to the uST ecosystem.
When Cryptocurrency leaves the "Grey Zone": How are Vietnamese investors seeking profits?
From a market operating in the "grey zone," cryptocurrency in Vietnam is entering a phase of reshaping as a series of Government orientations, decrees, resolutions related to digital assets, financial security.
When the tech unicorn dream is undermined by reckless fundraising structures
A green transport technology project in Belarus, thousands of kilometers from Vietnam has continued to attract capital from a significant number of Vietnamese investors.