Why Vietnam?

© TNB Aura 2023 1

Why SEA

Demographic change is shaping an increasing demand for innovation in food and agriculture
sectors
The number of mouths to feed in Asia will increase rapidly and consistently, creating a Among them, there is an increasing needs for higher quality products that spurs the
large demand for food & agriculture products demand for technology adoption in agriculture sectors.

World population by region, including UN projections

Oceania Forecast of the global middle class population from 2015 to 2030,
in million Having and
4000 being predicted
Africa 3500 to have the
8 billion largest middle-
3000
The Asian 2500
income
population has 2000
population in
the world, Asia is
grown 1500
expected to
6 billion consistently and 1000
have its
accounts for the 500
customers
most significant
0
Sub-Saharan Africa Europe North America Central and South Middle East and Asia-Pacific demanding for
America North Africa higher quality
part of the world products.
Asia
4 billion population. 2015 2020 2025 2030

Thanks to these factors, Asian agriculture & aquaculture is showing a huge potential
to grow in the future
2 billion
Asia Pacific Smart Agriculture Market Size, Asia Pacific Smart Agriculture Market Size,
South America million $ million $
North America %
8000 . 48 7305.07 1000 % 933.56
13 .4
13
Europe RG
0 6000 CA RG
CA
1992 2000 2010 2020 2030 2040 2051
4000 500
2768.77 335.22
2000

0 0
2020 2028 2020 2028

© TNB Aura 2023 Source: Global Precision Aquaculture Market Size By System Type (Feeding Systems, Monitoring & Control), By Offering (Hardware, Software), By Farm Type (Cage-based, RAS), By Geographic Scope And Forecast, Food And 2
Agriculture Technology And Products Market Size And Forecast by Verified Market Research; Our World in Data; Statista
Why Vietnam

With opportunities ahead, Vietnam will be a promising destination for investment in Agtech &
Aquatech
Vietnam is agricultural country, creates a large demand for agritech firms Low labor productivity triggers the need for technology disruption
Rural population in SEA by country, million Percent agricultural land in SEA by country, % Percent agricultural land in SEA by country, %
Vietnam
Singapore Singapore ranked 4th Cambodia
Brunei Brunei Vietnam
Vietnam ranked 2nd
in the lowest in labor
Laos Laos Laos
Malaysia Burma
percentage productivity among
India
Cambodia Malaysia of SEA countries
Thailand
Vietnam ranked 3th in the agricultural
Philippines
Cambodia Indonesia
Burma rural population among Indonesia land among
SEA countries Thailand
Philippines Vietnam SEA
Vietnam Philippines Malaysia
Indonesia Thailand
countries Thailand Singapore
India India Brunei

0 100 200 300 400 500 600 700 800 900 10000 10 20 30 40 50 60 70 0 20 40 60 80 100 120 140 160 180

Thanks to the availability and accessibility to digital infrastructure … and supports from both external and internal support from
diverse government agencies and stakeholders, AgriTech in Vietnam
are having strong potential to grow
Over
90% of Vietnamese International Stakeholders Local Stakeholders

99% of Vietnamese farmers own a mobile phone

Aus4InnovationFunded GRAFT Challenge
Vietnam 2021 and The Vietnam Agritech
e.g., Decision No.749/QĐ-TTg prioritizes
across both rural and urban Accelerator (VAA) to select high calibre
agriculture as one of eight sectors for digital
transformation.
areas have access to electricity agritech startups
Vietnam is ranked

3rd in the world in terms of

IFC funded Vietnam Agtech Program – a acceleration
program for AgTech companies to provide advisory services
to smallholders to manage resources (e.g., water, fertilizers,
The State Bank of Vietnam and other banks offer a
financial package worth 100 trillion VND ($4.37
affordability of information and and pesticides efficiently using technology.
Billion) to leverage hi-tech agriculture business.
communication

© TNB Aura 2023 Source: Food and Agriculture Organization, Business Center British Chamber of Commerce Vietnam 3