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Vietnam is waiting for the completion of import-export procedures with China, a stepping stone for the Southeast Asian country to officially tap into the high-demand Chinese market for bird’s nests, which offers a variety of opportunities and profits. China is the largest consumer of bird’s nests in the world, according to the Vietnam Farms and Agricultural Enterprises Association (VFAEA). China's statistics show that the official import of bird’s nests into China was 180 metric tons in 2019 and 220 metric tons in 2020 while it is estimated to reach 300 metric tons in 2021. From 2015 to 2017, bird’s nest trade on Chinese social networks multiplied by 30 times. In 2017, the online sales of bird’s nests on the platform China's Alibaba Group alone reached about US$2 billion. However, China currently applies very strict regulations on importing bird’s nests, with Malaysia, Indonesia, and Thailand being the only three Southeast Asian exporters. In Vietnam, the average yearly … [Read more...] about Official trade of bird’s nests to China promises Vietnam enormous export potential

A swift’s-nest farming place in Kiên Giang Province. — VNS Photo Văn Châu HCM CITY — Việt Nam's bird-nest exports are expected to be worth hundreds of millions of dollars when the world's largest market, China, opens up this year. Chinese demand for bird’s nest is growing, but Vietnamese firms need to take new measures to officially export to that country rather than involve in informal border trade, the Ministry of Agricultural and Rural Development (MARD) said. Đỗ Tú Quân, head of the Việt Nam Swiftlet Farming Association, said Vietnamese exporters hope the two countries would quickly reach agreement and the first order to China could be delivered this quarter. Deputy Minister of Agriculture and Rural Development Phùng Đức Tiến said the industry has been developing rapidly in the country, mostly in the south, but the unofficial border trade has been resulting in low value and profits. There are 20,000 nests farmed in 42 of the country’s 63 provinces and cities … [Read more...] about Vietnamese salangane nests headed for China

Vinamilk UHT fresh milk with refined bird’s nest Vinamilk UHT fresh milk with bird's nest - "Year of the Ox" special edition will be a premium wellness gift for your loved ones as they wish for a happy and perfect New Year. A premium wellness gift Bird's nests are known as a source of high-quality nutrients from nature with positive effects in enhancing health. Meanwhile, fresh milk is a nutritious and convenient food familiar to millions of Vietnamese families. Based on the combination of nutritional values of these two foods, Vinamilk has successfully researched and developed a UHT fresh milk with refined Bird’s nest, which creates an ultimate source of nutrition for the whole family together with vitamins and minerals available in the product. More specifically, this is the first UHT fresh milk with refined bird’s nest in the Vietnamese market. In addition to the main ingredients of fresh milk and refined bird's nest, Vinamilk UHT fresh milk with bird's nest contains … [Read more...] about Vinamilk to introduce fresh milk with bird’s nest – “Year of the Ox” special edition

Vietnam Rubber Group to raise natural rubber output under its own brand A worker collects latex from a rubber tree (Illustrative photo: VNA) The rate is expected to hit 92 percent by 2022. The VRG has built a set of standards and introduced VRG-branded rubber products since 2018, bolstering consumption of its products along with Vietnam’s rubber brand in the international market. VRG-branded products reached 255,407 tonnes last year, accounting for 68 percent of the group's total output, from just 20,790 tonnes recorded in 2018. The VRG reported 21.17 trillion VND in revenue and 5.23 trillion VND in post-tax profit in 2020, year-on-year increases of 6.9 percent and 36.4 percent, respectively./. CPI in February highest in 8 years Vietnam’s consumer price index (CPI) in February was up 1.52 percent over the previous month and 0.7 percent year on year, according to the General Statistics Office (GSO). This is the highest February CPI growth recorded in the … [Read more...] about VIETNAM BUSINESS NEWS MARCH 1

The Tra Su cajeput forest covers over 800 hectares in Tinh Bien district, the Mekong Delta province of An Giang, just 150km from Ho Chi Minh City. (Photo: VNA) Hanoi (VNA) – The Tra Su cajeput forest covers over 800 hectares in Tinh Bien district, the Mekong Delta province of An Giang , just 150km from Ho Chi Minh City. Tra Su is a typical cajuput forest on the western part of the Hau River, a tributary of the Mekong. Waterways that cut through a forest of green melaleuca trees are a great way to reconnect with nature, breath in fresh air and listen to the sound of chirping birds, a world away from the noise and bustle of cities. The Tra Su forest is home to about 140 plant species, but the majority is cajeput trees. The most suitable time of the year to visit the cajeput forest is during the lotus season, between June and September and the flooding season, from October to November. Visitors can also enjoy watching locals harvest cajuput flower honey. … [Read more...] about Tra Su cajeput forest – ‘The Green Lung’ in Mekong Delta