According to the Agricultural Outlook of the Food and Agriculture Organization (FAO) of the United Nations, in 2020, the average beef consumption in Vietnam was 9.2 kilogram per person per year. However, domestic production merely met 30 percent of beef production, and the remaining 70 percent were imported from other countries.

According to the Department of Agriculture and Rural Development of Ho Chi Minh City, the group of major agricultural products accounted for 66 percent of the total value of agricultural production, equivalent to over VND 13,800 billion (nearly US$ 598 million) in 2019.