The global Halal industry is expanding rapidly, but Vietnamese exporters have yet to fully capitalise on its opportunities. Experts believe Vietnam needs a comprehensive, long-term strategy to develop its Halal sector, covering certification, market access, and capacity building.
VOV.VN - Vietnam and Indonesia target a bilateral trade turnover of US$20 billion by 2028, prioritizing cooperation in the food sector and food security.
VOV.VN - A seminar was held in Ho Chi Minh City on August 7 to examine export prospects for Vietnamese businesses to tap into the global Halal market via Malaysia.
The global Halal market, catering to Muslim consumers, presents significant export opportunities for Vietnamese businesses, particularly in sectors such as agriculture, food, cosmetics, textiles, and pharmaceuticals.
The signing of multiple trade cooperation agreements between Vietnam and Middle Eastern countries in late 2024 has opened new opportunities for Vietnamese goods to enter the Halal market, creating strong momentum and prospects for Vietnamese businesses, particularly those operating in agriculture.
The global Halal tourism sector is a billion-dollar opportunity, an emerging market brimming with untapped potential. As one of Vietnam’s leading tourism destinations, Hanoi is wasting no time in tapping into this growing space.
With aspirations to become a locality that successfully develops tourism respectful of Muslim culture and visitor needs, the northern province of Quang Ninh is seeking support, collaboration, and shared efforts to build a thriving Halal tourism sector.
A seminar on Vietnam–Singapore Halal trade has been held recently in a hybrid format, aiming to highlight Vietnam’s potential and attract foreign investment in Halal-related industries.
VOV.VN - Despite holding huge potential to access the US$2 trillion global Halal food market, Vietnam has yet to fully meet global Halal food demand, while currently satisfying less than 10%, but plans are underway to enhance its role in this fast-growing industry.
Recognising the great potential of Muslim tourists from the Middle East, the capital city of Hanoi is preparing the necessary conditions to proactively attract this unique market segment.