Vietnam at risk of losing pepper export markets due to high freight costs

Vietnam at risk of losing pepper export markets due to high freight costs

Vietnam is at risk of losing out on major pepper export markets due to increasing logistics costs, according to the Vietnam Pepper Association (VPA).
Pepper exporters face the risk of losing market share because of logistics costs

Pepper exporters face the risk of losing market share because of logistics costs

Recently, the US and EU have bought pepper from Brazil because its quality is not different from that of Vietnam.
What are the corporate income tax incentives for pepper growing activities?

What are the corporate income tax incentives for pepper growing activities?

VCN- According to the Research and Development Board of the private economy, a number of businesses investing in high-quality pepper processing plants are subject to a corporate income tax (CIT) of 20%.
Price of "black gold" reversed due to difficulties in its exports

Price of "black gold" reversed due to difficulties in its exports

VCN- According to the Vietnam Pepper Association (VPA), in the first quarter of 2021, Vietnamese firms imported 8,143 tonnes of pepper from several markets, up 5.8% from the same period last year.
Pepper exports continue to be quiet in 2021

Pepper exports continue to be quiet in 2021

VCN- According to the the Department of Agricultural Product Processing and Market Development (Ministry of Agriculture and Rural Development), by 2020, export volume and value of pepper will reach 288 thousand tonnes and 666 million USD, an increase of 1
Pepper exports enjoy bounce back

Pepper exports enjoy bounce back

Despite pepper exports showing recent signs of recovery, experts have advised local pepper businesses to be proactive in co-operating with international partners in an effort to expand consumption markets and increase their product quality.
Achieving target of pepper export of US$ 800 million will bedifficult

Achieving target of pepper export of US$ 800 million will bedifficult

VCN- Pepper output in 2020 reaches about 240,000 tonnes, a 10% year-on-year decline. This causes more difficulties for exporters. The target of pepper exports of US$800 million in this year is forecast to be difficult.
Exports of pepper to India at risk

Exports of pepper to India at risk

The Ministry of Industry and Trade has urged firms to control the quality of pepper exported to India and develop solutions to cope with policies affecting the export of pepper from Vietnam.
Vietnam’s pepper industry faces"double difficulties"

Vietnam’s pepper industry faces"double difficulties"

VCN- Mr. Nguyen Nam Hai, General Director of Coffee Inspection and Export Import Joint Stock Company and Chairman of Vietnam Pepper Association,saidtheCovid-19 pandemic had a great impact on the global economyand supply chain disruption, with demand for m
58 containers of pepper re-exported from Nepal

58 containers of pepper re-exported from Nepal

Vietnamese businesses have been granted permission to receive back 58 containers of pepper after they had been left stuck in Birgunj port in Nepal and Kolkata port in India.
Impact of COVID-19 sees pepper export prices plummet

Impact of COVID-19 sees pepper export prices plummet

The export price of pepper has recently plunged as a result of the negative impacts caused by the novel coronavirus (COVID-19) epidemic, leading to numerous difficulties for local pepper growers, according to the Ministry of Industry and Trade.
Facing double difficulties, pepper market is gloomy

Facing double difficulties, pepper market is gloomy

VCN- The international pepper market is predicted to face difficulties due to the double impact from oversupply pressure and the Covid-19 pandemic.
Pepper prices remain low despite undergoing slight increase

Pepper prices remain low despite undergoing slight increase

Despite experiencing an upward trend in recent weeks, pepper prices in the Central Highlands and the southern region have remained low in comparison with previous years, according to the Import-Export Department under the Ministry of Industry and Trade.
Abundant supply and COVID-19 keep pepper prices low

Abundant supply and COVID-19 keep pepper prices low

The domestic pepper industry is poised to encounter a variety of challenges over the course of the year due to there being an abundant supply of produce, in addition to the negative impact of the novel coronavirus (COVID-19) pandemic, according to the Agr
Pepper exports face hurdles in global market

Pepper exports face hurdles in global market

Vietnam’s pepper exports are poised to continue to encounter a number of difficulties as a result of low prices due to high levels of supply and increasing competition within the global market, according to the Import-Export Department under the Ministry
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