Thailand aims to become regional halal industry hub
Thailand’s Ministry of Industry has established the Thai Halal Industry Centre (THIC) as an effort to turn the country into a regional leader in the production and export of halal products.
Bangkok (VNA)♏ – Thailand’s Ministry of Industry has established the Thai Halal Industry Centre (THIC) as an effort to turn the country into a regional leader in the production and export of halal products.
The world’s 2.3 trillion USD Halal market is projected to grow rapidly, reaching 2.8 trillion USD by 2025 with the increasing global Muslim population.
Thai Minister of Industry Pimpatra Wichaikul said besides the establishment of the THIC, Thailand will enhance the standards and capabilities of domestic halal entrepreneurs. The ministry will also promote the expansion of exports including to potential global markets.
The food and beverage sector holds the largest market share, accounting for 63% of the total market value. The global halal food market is valued at approximately 1.4 trillion USD and is expected to double within five years, driven by the rapidly increasing global Muslim population.
Thai Prime Minister Srettha Thavisin signed the order for the establishment of the National Halal Industry Committee (NHIC) on April 17, 2024, and serves as its chairperson, with Nalinee Taveesin, the Thai Trade Representative, responsible for halal industry development, and Minister of Industry Pimpatra Wichaikul as its vice-chair.
The committee also includes representatives from 21 key agencies involved in Thailand's halal sector.
The NHIC is tasked with formulating policies and development strategies for halal products, integrating Thailand's unique “soft power”, and coordinating policies, measures, and plans to effectively drive the development of the country's halal industry. This aims to position Thailand as a leader in the production and export of halal products in the region.
According to Pimpatra, in the first year, the ministry will focus on advancing the Thai halal industry through three main missions, namely establishing the centre to support the ecosystem of Thailand's halal industry, enhancing awareness of its potential both domestically and internationally, and promoting trade and market expansion in the world./.
Visakan Investment and Biotechnology Development Joint Stock Company (Visakan) on May 2 held a ceremony in the northern province of Bac Ninh to mark its first shipment of veterinary medicine valued at over 200,000 USD to Indonesia - a Halal market.
Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
The Thai cabinet approved initiatives to turn Thailand into a halal hub in Southeast Asia by 2028, intending to raise the country’s GDP by 1.2% or 55 billion THB (1.52 billion USD).
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
