Hanoi (VNA) - Vietnamexported over 182,000 tonnes of pepper worth 385 million USD as of mid-July,according to the General Department of Customs.
Despite complicateddevelopments of the COVID-19 pandemic around the world, the country’s pepper exportsto main markets, including the US, the Philippines, Egypt, and the UK, still witnessedincreases in the period.
Vietnam shipped 123,000 tonnes valued at 2.84 million USD to foreign markets inJune, up 115.6 percent in volume and 127.6 percent in value year-on-year. Of the number, over 4,000 tonnes worth 9.88million USD were exported to the US.
Amid the pandemic, the Vietnam Pepper Association (VPA) recommends exportenterprises to focus on effectively exploiting markets where socialdistancing measures were eased such as China, the Republic of Korea, and Japan, and promote domestic consumption.
The Ministry of Agriculture and Rural Development (MARD) said 95 percentof Vietnam's pepper is reserved for export and the remaining 5 percent is fordomestic consumption.
Vietnam has 18 pepper processing plants with a total capacity of about 70,000 -80,000 tonnes per year, including 14 plants using modern technologies.
The ministry stressed the need to re-plan pepper cultivation areas, promote theapplication of scientific and technological advances in production, standardisefarming processes and enhance clean agriculture-oriented production links.
According to statistics from the MARD, Vietnam's pepper production accounts forabout half of the global pepper output.
Vietnam harvested an estimated 250,000 tonnes of pepper in the first fourmonths of 2020, reaching over 50 percent of the target set for the whole year. Thecountry is expected to supply about 350,000 tonnes of pepper to markets thisyear./.
Pepper growers and businesses in Dak Song district of the Central Highlands province of Dak Nong have committed to implementing a programme to create a value chain for pepper corns.
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Vietnamese farmers and businesses are worrying as pepper export revenue is expected to drop to under 1 billion USD in 2018 for the first time after four years despite strong increases in shipments.
The combined export value of main agricultural products was estimated at 18.5 billion USD in 2019, down 5.3 percent year on year, according to the Ministry of Agriculture and Rural Development.
Vietnam exported over 166,800 tonnes of peppercorn worth 356 million USD in the first half of 2020, down 5.7 percent in volume and 21.1 percent in value compared to the same period last year, according to the General Department of Customs.
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Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
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According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
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