With a population of nearly 100 million and strength in cultivating spice plants, Vietnam has substantial potential for spice production, consumption and export.
The spice products are available at commercial centres, supermarkets, convenience stores, e-commerce platforms – Shopee, Lazada and Tiki, to name but a few, and Facebook pages and websites of businesses. (Source: tuoitre.vn)
Hanoi (VNA) – With a population of nearly100 million and strength in cultivating spice plants, Vietnam has substantialpotential for spice production, consumption and export.
According to Nielsen Market Research Company, theVietnamese seasoning and sauce market expands by an average of 25-32% duringthe 2016-2022 period. Vietnamese households pose a high demand for seasoningfor their meals – and it does take a lot of seasoning to make 30 million litresof soup a day, all the while the amount of fried and stir-fried dishesincreases by 18 million plates and 14 million braised dishes during theweekends.
The domestic spice market has lured internationalgroups with products like Knorr (Unilever, the UK), Aji-ngon (Ajinomoto,Japan), Miwon (Taiwan), and Maggi (Swiss-based Nestle).
Fish sauce producers also face a fierce competitionwith such brands as Thuan Phat, Nam Ngu, Chinsu, Thuy Xua, Lien Thanh, HanhPhuc, 584 Nha Trang, and Hong Hanh.
Dh Foods, a leading brand of Vietnamese foodproducts, has offered a range of products, including Tay Ninh gourmetseasoning, Nha Trang sweet and sour BBQ sauce, Phu Quoc spice fish sauce andnatural marinate for the world famous Pho.
The products are available at commercial centres,supermarkets, convenience stores, e-commerce platforms – Shopee, Lazada andTiki, to name but a few, and Facebook pages and websites of businesses.
Illustrative image (Photo: congthuong.vn)
Speaking at a recent online conference, Le HoangTai, deputy head of the Vietnam Trade Promotion Agency under the Ministry ofIndustry and Trade, said the condiments industry has played a significant rolein the national economy as well as the country’s export orientations.
Saudi Arabia is one of the largest importers ofVietnamese spices. The Middle Eastern nation consumes many kinds of spices,mainly imported, including from those from Vietnam./.
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The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
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Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
The spice products are available at commercial centres, supermarkets, convenience stores, e-commerce platforms – Shopee, Lazada and Tiki, to name but a few, and Facebook pages and websites of businesses. (Source: tuoitre.vn) 
Illustrative image (Photo: congthuong.vn) 
