Agricultural seed market worth billions of dollarsVietNamNet Bridge - Considered a lucrative market with value worth of up to billions of dollars, the seed market can only attract five to six Vietnamese companies, leaving openings for foreign seed companies. Considered a lucrative market with value worth of up to billions of dollars, the seed market can only attract five to six Vietnamese companies, leaving openings for foreign seed companies. They mostly provide rice and corn varieties.Vinaseed now holds 15 percent of the rice seed market share and 10 percent of the corn market share.SSC also holds 10 percent of the corn seed market share. Corn seeds made the largest contribution to the company’s revenue in 2015, followed by rice seed. SSC has distributed hybrid rice seed for Dekalb, a subsidiary of Monsanto.NCDT

Source: VietNamNet News August 25, 2016 06:56 UTC