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...
CINNAMON, STAR ANISE, AND OTHER SPICES BENEFIT FROM THE INCREASING PRICE CYCLE OF PEPPER
Vietnam's cinnamon production now ranks first in the world, while star anise ranks second, after China. These products bring hundreds of millions of dollars to the country. CINNAMON – A STRONG COMEBACK WITHIN 20 YEARS Since 2018, the continuous increase in cinnamon...
VIETNAM’S CASHEW NUT IS HEADING TOWARDS HEALTHY FOOD MARKET
Demand for healthy food is increasing in many markets. This is an opportunity for Vietnam’s cashew nut. According to Ms. Nguyen Thi Hoang Thuy, Vietnam Trade Counselor in Sweden, the growing demand for healthy snacks combined with the need for stable and sustainable...
