There are great business opportunities for Vietnamese pepper exporters in the United Kingdom - a lucrative market with high demand for pepper imports.
VOV.VN - Vietnam exported a total of 22,240 tonnes of pepper worth over US$100 million in June, a rise of 10.8% in volume and up 1.7% in value compared to May, according to statistics compiled by the General Department of Vietnam Customs.
VOV.VN - Vietnamese pepper producers and exporters are required to gain greater insights into food safety requirements and maximum residue limits (MRL) set by the European Union if they wish to further penetrate the market.
VOV.VN - The EU-Vietnam Free Trade Agreement (EVFTA) is being effectively utilized by local enterprises amid the export turnover of peppers to the EU market expanding by 92.9% during the opening quarter of the year.
VOV.VN - The Ministry of Industry and Trade is actively carrying out a wide range of trade promotion activities aimed at enhancing market connectivity as a way of creating additional opportunities for pepper enterprises to boost exports.
VOV.VN - Vietnamese pepper exports are anticipated to witness robust growth ahead during the remaining months of the year, with export turnover expected to hit US$1 billion this year.
VOV.VN - A dramatic shift occurring in product structure has served to boost the export value of Vietnamese peppers, with the country exporting 154,000 tonnes of peppers worth approximately US$500 million during the first half of the year.
Vietnam is at risk of losing out on major pepper export markets due to increasing logistics costs, according to the Vietnam Pepper Association (VPA).
VOV.VN - Vietnamese pepper exports look set to enjoy robust growth during the remaining months of the year due to major markets increasing their imports as part of efforts to make up for shortages over previous months, according to industry insiders.
Vietnam raked in US$22.83 billion from exporting agro-forestry-aquatic products in the first five months of 2021, representing a year-on-year increase of 30.3%, reported the Ministry of Agriculture and Rural Development.