Vietnam's pepper exports saw a 1.9% year-on-year decrease in volume but a significant 48% increase in value thanks to higher prices in the first 10 months of 2024, according to the Vietnam Pepper and Spice Association (VPSA).
In the first 10 months of this year, Vietnam shipped nearly 75,000 tons of cinnamon abroad, earning 220 million USD, becoming the world’s biggest exporter of the product.
Vietnam ranks first in the world in terms of cinnamon exports, heard a national conference on sustainable development of the cinnamon sector held in Hanoi on November 15.
Tra Bong district in the central province of Quang Ngai is among the four key cinnamon planting areas in Vietnam, with Tra Bong cinnamon having been named as Specialty Gifts of Asia by the Asian Record Organisation.
Residents in Van Yen district, the northern mountainous province of Yen Bai, have enjoyed substantially improved livelihood thanks to cinnamon cultivation.
The American news channel CNN has named Pho Bo (Vietnamese beef noodle soup) second on the list of 20 best soups in the world, along with China’s Lanzhou equivalent and Thailand’s Tom yum goong.
Vietnam has the potential to boost its exports of star anise and cinnamon, but needs supportive policies from the Government, the Lang Son Star Anise Association has said.
