Market News

October 31, 2024

Sea Freight Rates in 2025: What Spice Buyers Need to Know

As we approach 2025, sea freight rates remain a crucial factor for spice buyers worldwide. The trends emerging in freight costs have profound implications, impacting everything from shipping timelines to total product costs. VietGlobal Team brings you an easy-to-understand look at what’s influencing sea freight prices and what the outlook...
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October 31, 2024

Building a Sustainable Supply Chain for Cigarette Cinnamon

Vietnamese cinnamon products are exported to over 30 countries, including major markets like the United States and India, where demand is high but requires strict quality standards. Meeting these standards has prompted key improvements in the production and processing of Vietnamese cigarette cinnamon to boost its appeal worldwide. In...
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October 28, 2024

Vietnam Leads the Way in Cinnamon Exports

Vietnam’s cinnamon exports continue to thrive, with the country solidifying its position as the world’s leading exporter of high-quality cinnamon. In the first eight months of 2024, cinnamon exports from Vietnam reached a value of $177 million, reflecting the rising global demand for this aromatic spice in key markets, such...
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October 25, 2024

Fresh Ginger Harvest in Full Swing

This October, the ginger harvest is in full swing, offering a fresh bounty for spice lovers and bulk buyers. As cooler weather arrives, ginger becomes the star spice, known for its warm, spicy kick that enhances both culinary creations and well-being. The VietGlobal team is excited to announce that our...
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October 23, 2024

A Quick Price Update on Star Anise

As the star anise harvest season draws to a close, VietGlobal Export is excited to share key highlights and a crucial star anise price update for the end of this peak season. Read on to learn about the latest market trends and how you can secure premium Vietnamese star anise...
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October 19, 2024

Vietnam Star Anise in Lao Cai: A Sustainable Approach

Lao Cai province in Vietnam is emerging as a promising region for star anise cultivation. With its favorable climate and fertile soil, the area offers ideal conditions for growing this valuable spice. Local farmers have been cultivating star anise for years, and recent trials have demonstrated its high potential for...
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October 2, 2024

Vietnam’s Pepper Supply Running Low While Export Prices Reach Record Highs

At VGE (VietGlobal Export), we’re seeing unprecedented growth in Vietnam's pepper industry, and the numbers speak for themselves! In September 2024, the average export price for pepper hit $6,239 per ton—the highest it has been in the past eight years. Thanks to this price surge, Vietnam's pepper sector reached over...
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September 30, 2024

Taiwan Boosts Imports of Vietnam's Star Anise by 169% in 2024

In the first eight months of 2024, Taiwan (China) emerged as the third-largest importer of Vietnamese star anise, purchasing 301 tons—an impressive 169% increase compared to the same period in 2023! At VGE (VietGlobal Export), we're excited to share the latest update on the booming demand for one of...
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September 28, 2024

India: A Promising Market for Vietnam’s Agricultural Exports

At VietGlobal Export, we always explore new opportunities to expand Vietnam's agricultural reach. One of the most exciting prospects right now is India, a huge and growing market for Vietnamese farm produce. Join us as we dive into the potential and challenges of tapping into this promising market.

Vietnam’s Opportunity...

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September 25, 2024

Vietnamese Agricultural Products Gaining Popularity in Russia

Vietnamese agricultural products are becoming increasingly popular in Russia, with many items strengthening their foothold in this vast market. At VietGlobal Export, we proudly see Vietnam's top agricultural goods shining internationally, particularly in Russia.

Vietnamese Agricultural Products at WorldFood Moscow 2024

In September 2024, 50 Vietnamese businesses showcased their products...
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