VOV.VN - Vietnam's spice industry is targeting US$2 billion in export revenue by 2025, driven by growing global demand and expanded investment in high-quality raw material zones.

VOV.VN - Vietnam exported 11,152 tonnes of star anise worth US$52.6 million during the past 10 months of the year, down 13.3% on-year, according to statistics released by the Vietnam Pepper and Spice Association (VPSA).

VOV.VN - India imported 3,986 tonnes of cinnamon from Vietnam in October, accounting for 39.2% of the total market share and representing a 50.1% increase from September, reported the Vietnam Pepper and Spice Association (VPSA).

Improving the rice quality, diversifying markets, and building a recognisable and trustworthy brand identity for Vietnamese rice are among measures for Vietnam to boost its rice exports, said Secretary of All India Spices Importers Federation (AISIF) Hiren Gandhi.

VOV.VN - Vietnam exported 8,186 tonnes of cinnamon worth US$22.9 million in August, down 1.7% in value against July, reported the Vietnam Pepper and Spice Association (VPSA).

Spices from Vietnam were showcased at the 13th Rieti International Chili and Spice Fair 2024, which was held in the city of Rieti, Italy, from August 28 to September 1.

VOV.VN - The first half of the year witnessed Vietnam spend US$69.6 million on pepper imports, of which Brazil, Cambodia, and Indonesia made up the country’s three largest pepper supply markets.

A world leading spice exporter with a revenue of some US$1.5 billion every year, Vietnam should bolster intensive processing and trade promotion to increase added values, experts have said.

So far this year, Vietnam has shipped abroad 114,424 tonnes of pepper worth US$493.1 million, down 13.2 in volume but up 20.6% in value over the same period last year.

VOV.VN - India continued to be the main market for Vietnamese star anise exports as it imported 951 tonnes of Vietnamese star anise in May, accounting for 61% of the total exported volume of this item.