Market News

January 11, 2025

Vietnam's Cassia Cinnamon Export Performance in 2024

In the early days of 2025, the VietGlobal Export team proudly shares impressive figures highlighting Vietnam's cassia cinnamon export achievements in 2024. These results showcase the growing global demand for high-quality Vietnamese spices and the country's leading position in the international cinnamon market.

Strong Cassia Cinnamon Export Growth

According to the...
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January 6, 2025

Black Pepper Rate Today: January 6, 2025

As of January 6, 2025, the black pepper rate today in Vietnam has experienced a significant increase, marking a strong start to the new year. The domestic price of black pepper ranges from 148,000 to 150,000 VND/kg, with expectations for continued upward momentum throughout the week. Price increases are projected...
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January 4, 2025

Yên Bái Builds Sustainable Raw Material Zones for Global Exports

Yên Bái Province has emerged as a leader in developing sustainable raw material regions, meeting the stringent requirements of demanding export markets. This success is attributed to a combination of progressive local policies and farmers embracing internationally certified production methods.

Expanding Organic Cinnamon Cultivation

Home to over 80,000 hectares of cinnamon...
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December 25, 2024

Vietnam’s Cinnamon Industry: Growing Sustainably with Global Trade Deals

As the world’s largest cinnamon supplier and producer, Vietnam continues to dominate the global market with high-quality cinnamon products. Leveraging trade agreements like the UK-Vietnam Free Trade Agreement (UKVFTA), Vietnam's cinnamon industry is expanding its reach and solidifying its position as a key player in the international spice trade.

Why...

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December 24, 2024

Vietnam Solidifies Position as Leading Star Anise Supplier

Vietnam continues to affirm its role as a leading star anise supplier globally, thanks to the spice's distinctive aroma and versatile applications across the food, pharmaceutical, and cosmetics industries. Over 12,000 Tons were Exported in 11 Months.

Impressive Export Statistics

According to the Vietnam Pepper Association (VPA), Vietnam exported 1,147 tons of...
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December 23, 2024

Pepper Prices and Market Trends – December 23, 2024

The Vietnamese pepper market remains robust, with pepper prices holding steady at 144,500 - 145,300 VND/kg. Despite the typical year-end dip in demand, local prices are relatively high. Meanwhile, export prices are showing upward momentum, increasing by 100-200 USD/ton over the past week due to tightening global supply.

Domestic Market...

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December 20, 2024

Vietnam Exported Over 90,000 Tons of Cinnamon in 11 Months

The Vietnam Pepper and Spice Association (VPSA) has reported impressive growth in Vietnam's cinnamon exports during the first 11 months of 2024. Vietnam exported a total of 90,270 tons of cinnamon, earning $249.2 million in export revenue. Compared to the same period in 2023, export volume increased by 10.2%, and...
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December 16, 2024

Pác Nặm Welcomes a Bountiful Turmeric Harvest Season

As the turmeric harvest season begins in Pác Nặm, Bắc Kạn, the region bursts into hues of gold. Farmers across the area are busy reaping their turmeric crops, marking a time of celebratitraon and prosperity. Known as the "gold season," turmeric cultivation has become a cornerstone of economic growth for...
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December 13, 2024

Bac Ha Farmers Earn Over 270 Billion VND Annually from Cinnamon Cassia

Nestled in Vietnam's northern highlands, Bac Ha has become a thriving center for cinnamon cassia cultivation. With 10,662 hectares dedicated to this valuable crop, the region’s farmers are transforming their livelihoods while contributing significantly to the spice market.

Bac Ha - Lao Cai: A Cinnamon Cassia Hub

Cinnamon is widely grown in...
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December 10, 2024

Vietnamese Agricultural Exports: Breaking Records in 2024

Vietnam’s agricultural industry is witnessing an unprecedented surge in exports, with several billion-dollar items breaking records in 2024. According to the Ministry of Agriculture and Rural Development (MARD), the total export turnover for the first 11 months of 2024 reached an impressive $56.74 billion, a 19% increase compared to the...
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