Vietnamese rice, spices and fruits are increasing their presence in the global demand market as local businesses are taking advantage of free trade agreements.
According to statistics of the General Department of Customs, in January, rice export reached 505,741 tonnes worth US$246.02 million, sharp increases of 45.4 per cent and 28.2 per cent against last year, respectively.
The Vietnam Food Association (VFA) forecast that Vietnam would ensure its 2022 overseas rice shipments at between 6-6.2 million tonnes, similar to the amount recorded in 2020 and 2021, for a revenue of over $3.2 billion.
Rice exports this year are likely to maintain a good rank, as the local rice industry is increasingly improving in quality and large domestic enterprises such as Lộc Trời, Tân Long, Intimex, and Trung An have sealed large orders of high value.
In addition to the traditional key export earner, investment in new products such as spices is also very promising.
The Vietnamese high-quality spices producer Dh Foods Joint Stock Company has signed a cooperation agreement with the US-based Heritage Beverage Company to export its products to this market.
Accordingly, Heritage Beverage will become the exclusive distributor of Dh Foods' speciality spices in the US. About 10 containers of Vietnamese products are expected to leave for the US this year starting from the third quarter.
Dh Foods General Director Nguyễn Trung Dũng hoped that Heritage Beverage will help his company conquer the share of the Asian food market in the US, which is valued at up to $40 billion and serves about 30 million people of Asian origin, including three million people from Vietnam. It is estimated that more than 80 per cent of supermarkets in this country have Asian food stalls. Find more.
|Source: Online/KSU
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