Category: Tractors & Farm Machinery
Vietnam Tractors & Farm Machinery
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Vietnam Tractor Market - Industry Outlook & Forecast 2024-2029
... year-over-year (YoY) growth due to the following factors: Mechanization of Agriculture: The shift towards mechanization is paramount in enhancing productivity within Vietnam's agricultural sector. Over 70% of cultivated land is now mechanized, significantly reducing reliance ... Read More
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Vietnam Agricultural Equipment Market Outlook to 2027
... embracing can address challenges and unlock growth. Agriculture's contribution to Vietnam's GDP is declining, but in 2022 the industry grew significantly, driven primarily by forestry and fisheries. Additionally, Vietnam is witnessing an acceleration of farm ... Read More
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Vietnam Agricultural Machinery Market - Growth, Trends, and Forecasts (2023 - 2028)
... the Southeast Asian countries, which depends on agriculture as the state’s primary source of income. The agriculture sector represents 14% of the GDP and employs around 36% of the nation’s workforce, according to a World ... Read More
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Vietnam Agricultural Tractor Market - Growth, Trends, COVID-19 Impact, and Forecast (2022 - 2027)
... a direct and negative impact on this industry due to the disruptions in the supply chain and delays in the manufacturing of tractors. The dealership network was badly affected, leading to a sharp decline in ... Read More
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Vietnam Agricultural Machinery Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... are driving this market are population growth, urbanization and higher productivity demand with the shrinking agricultural land, which have led to the growth in demand for agricultural machinery. Rice, maize, and sugarcane are the most ... Read More
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