With the US imposing reciprocal tariffs on exports, many Vietnamese firms are pivoting to the burgeoning global Halal market to diversify their revenue streams and boost export growth.
An international conference on the prospects of Halal tourism development in Hanoi was held in the capital city on April 15.
To tap into the growing Halal market, Vietnam must develop a Halal product ecosystem meeting quality and certification standards, according to experts.
VOV.VN - Vietnamese exporters are seizing opportunities to build their brands and promote products in the high-potential Middle East - Africa market.
Vietnam and Singapore see an ample room to enhance their economic cooperation, particularly in trade, heard a seminar in Ho Chi Minh City on March 13.
Vietnam and Ethiopia have agreed to consider enhancing cooperation in potential fields, such as food processing, aquatic products, pharmaceuticals, Halal products, and textile.
Deputy Minister of Foreign Affairs Nguyen Minh Hang has affirmed that important breakthroughs contributed to opening up a new phase of cooperation between Vietnam and countries in the Middle East and African regions in 2024.
The export of agro-forestry-aquatic products has created a breakthrough this year, generating US$62.5 billion, up 18.7% year on year, with a record trade surplus of US$17.9 billion, marking a remarkable 46.8% growth rate compared to the previous year.
Vietnam recently showcased its certified halal products at the Melaka Halal Festival 2024 in Malaysia, a move to expand its presence in the global halal market.
Vietnam’s agro-forestry-aquatic product exports are projected to surpass US$62 billion this year, with a record trade surplus of US$18.6 billion, marking a new milestone for the sector.