HCMC – Agricultural machinery investment currently meets about 60% of actual demand, according to the Vietnam Agricultural Mechanical Association.
Nguyen Ngoc Binh, standing vice chairman and general secretary of the association, gave the estimate at a briefing on April 15 in HCMC for the Vietnam International Agricultural Machinery Exhibition 2026. He noted that investment in machinery has doubled over the past 5–10 years but still falls short of demand.
From a supply perspective, domestic production covers around 30% of demand, according to Vu Van Tien, deputy head of the Department of Cooperative Economy and Rural Development. The remainder relies on imports, with equipment from China accounting for about 60–70% of total import volume.
Statistics show imports of agricultural machinery from China reached about US$451 million in 2025, up nearly 36% from a year earlier. The increase reflects demand for equipment upgrades in key sectors such as rice, coffee and fruit.
Binh described the gap as both a constraint and an opportunity for modernization, as imported machinery is expanding access to technologies such as artificial intelligence and automated control systems.
The Vietnam International Agricultural Machinery Exhibition 2026 is scheduled for July 23 to 25 at the Sky Expo Center in HCMC. The event is expected to support technology transfer and industry connections.
Organizers plan to display machinery across production stages, from land preparation and harvesting to smart irrigation systems. Workshops, forums and business matching activities are set to connect companies, regulators and producers.
In the short term, the machinery supply rate could rise to 80–90%, Binh said.
