VIETNAM BECOMES THE LARGEST BANANA SUPPLIER TO CHINA
According to statistics from China Customs, in the first two months of 2024, the import value of bananas (HS code 0803) of China reached 336,900 tons, worth 159.9 million USD. This result was up 6.1% in volume but down 17.2% in value over the same period in 2023. The...
CASHEW NUT EXPORTS HAVE INCREASED STRONGLY
In March 2024, Vietnam exported 55,000 tons of cashew nuts, worth 289 million USD, twice as much as the previous month. The above data has just been cited by the Import-Export Department (Ministry of Industry and Trade) from Customs. Accumulated in the first quarter,...
VIETNAM EARNED NEARLY 1.4 BILLION USD FROM RICE EXPORTS
In the first three months of 2024, Vietnam exported more than 2.1 million tons of rice, worth nearly 1.4 billion USD. This was an increase of about 42% over the same period last year. This is the latest data updated by Vietnam Customs. Accordingly, rice exports are...
VIETNAM RANKS THIRD IN THE WORLD IN THE SUPPLY AND PROCESSING OF SPICES
The whole spice industry in Vietnam has 14 deep-processing factories. Therefore, it is necessary to have policies to encourage and support enterprises to invest in the processing industry. Ms. Hoang Thi Lien – Chairman of the Vietnam Pepper and Spice Association...
IT IS DIFFICULT FOR PEPPER PRICES TO REMAIN HIGH IN THE LONG TERM
In addition to people switching crops and challenges related to EUDR and emissions reduction, the pepper industry also faces competition from Brazil and Indonesia. MANY BARIERS WHEN TAKING ADVANTAGE OF THE GLOBAL MARKET Global pepper production in the 2023 - 2024...