COFFEE EXPORTS COULD HIT A RECORD OF 5 BILLION USD
With favorable factors in price, market, and output, coffee exports in 2024 are forecast to reach a record of 5 billion USD. The coffee industry will contribute to overall economic growth. Coffee will be an export item with a value of over 5 billion USD. According to...
PEPPER PRICES ARE FORECAST TO HAVE A SHARP INCREASE THIS WEEK
After a sharp increase, pepper prices today are around 138,000–140,000 VND/kg. The highest price is 140,000 VND/kg. In the Central Highlands, the pepper prices in Dak Lak, Chu Se (Gia Lai), and Dak Nong are 140,000 VND/kg, 138,000 VND/kg, and 139,000 VND/kg,...
CHILI EXPORTS HAVE BROUGHT IN 20 MILLION USD SINCE THE BEGINNING OF THE YEAR
According to statistics from the Vietnam Pepper Association (VPA), Vietnam's chili exports in July reached 697 tons with a value of 1.6 million USD, down 14.5% compared to the previous month. In the first 7 months, chili exports reached 8,023 tons with a value of 19.5...
TEA EXPORTS HAVE INCREASED BY MORE THAN 500%
According to statistics from the General Department of Customs, in July, Vietnam exported 15,334 tons of tea, worth 27.4 million USD. This result was up 9.7% in volume and 2.1% in value compared to the previous month, up 46.4% in volume and 50% in value compared to...
VIETNAM OWNS A SPICE THAT ACCOUNTS FOR 60% OF THE WORLD’S EXPORT OUTPUT
Vietnam has been leading the world in the production and export of pepper for more than 20 years, accounting for 40% of the harvest and 60% of the global export market share. The global pepper market is valued at 5.43 billion USD per year and is expected to have an...
