Pepper export surge puts product on top-earners list

Sep 24th at 14:38
24-09-2014 14:38:01+07:00

Pepper export surge puts product on top-earners list

 Viet Nam has earned US$1.022 billion in revenues from pepper exports, which places the commodity on the list of Vietnamese exports worth at least $1 billion for the first time.

According to the Viet Nam Pepper Association, as of mid-September, pepper exports totaled 136,000 tonnes, an increase of nearly 4,000 tonnes in volume and $100 million in revenue from that of the entire 2013.

Vietnamese pepper accounts for 30 per cent of the world's total production and 50 per cent of the world's total exports, and its largest markets are in the United States, Saudi Arabia, the Netherlands and India.

bizhub



NEWS SAME CATEGORY

Petrol market prepares for the world

The domestic petroleum market is expected to become more competitive and closer to world standard following the issuance of Decree 83.

New decree to reform petrol market, pave way for foreign distributors

The domestic petrol market is expected to become more competitive with many different price levels for consumers to choose under a new decree, Phan The Rue, chair...

Oil price cut for fifth time, petrol price unchanged

The Vietnam National Petroleum Group (Petrolimex) slashed the retail prices of some types of oil on September 19, but the price of RON 92 petrol remains unchanged.

Wood sector confronts hard situation

Although Viet Nam ranks second worldwide in wood exports, local consumers say they lack access to Vietnamese-made furniture that is both stylish and reasonably...

AEC to expand VN footwear sector

Vietnamese footwear exports will enjoy zero tariff once the ASEAN Economic Community (AEC) is established in late 2015, allowing producers to expand their markets...

Petrol smugglers in ocean regions see profits surge

Petrol smuggling via sea waters has brought huge profits to illegal ships, and has become increasingly difficult to control, the Viet Nam Petroleum Association has...

Imported beer products flood the market

Beer products made in other countries are flooding the Vietnamese market, where demand is the highest in Southeast Asia.

Vietnam sandwiches now available at US fast-food chain

Yum! Brands, the parent company of KFC and Pizza Hut fast-food chains, last week opened its first Vietnamese sandwich shop, the Banh shop, in Dallas, Texas in the...

Porcelain makers reclaim market

Vietnamese porcelain products, especially the high-end segment, have gradually regained the domestic market thanks to technological investment, after years of...

Smartphones surge in popularity: study

The percentage of Vietnamese people using smartphones has increased to more than 36 per cent, nearly double the rate of 20 per cent in 2013.

Commodity prices


MOST READ


Back To Top