Vietnamese enterprises increase investment to seize bird’s nest export opportunities

Vietnamese companies have increased investment to seize bird’s nest export opportunities to China in the coming time, insiders said.

Vietnamese enterprises increase investment to seize bird’s nest export opportunities hinh anh 1

Processing bird's nest at Khanh Hoa Salanganes Nest Company (Photo: VNA)

Vietnamese companies have increased investment to seize bird’s nest export opportunities to China in the coming time, insiders said.

The first batch of bird’s nest products was exported to China last week following a protocol signed in November of 2022 between the Vietnamese Ministry of Agriculture and Rural Development (MARD) and the Chinese General Administration of Customs (GACC).

The products are manufactured by the AVANEST Vietnam Nutrition Joint Stock Company, one of the two Vietnamese firms that are allowed to export bird’s nest products to the neighbouring country.

According to Tong Xuan Chinh, deputy head of the ministry’s Department of Animal Health, the fact that China officially allows the import of Vietnamese bird’s nest opens many opportunities for the development of bird’s nest farming and processing industry.

Currently, 42 out of 63 provinces are engaging in bird's nest farming with over 22,000 bird's nest houses. Vietnam's annual bird's nest output is about 150 tonnes worth over 600 million USD.

China is the world largest bird’s nest consuming market with a demand of more than 300 tonnes per year, accounting for about 80% of the global consumption.

Chinese data showed that China imported 220 tonnes of bird’s nests in 2020, more than 300 tonnes in 2021 and 425 tonnes in 2022, mostly from Indonesia, Malaysia, Thailand and now Vietnam.

The Khanh Hoa Bird's Nest Beverage Joint Stock Company is expected to export the first batch of pure Sanvinest Khanh Hoa Bird's Nest and post-processed products to China on November 24.

To prepare for this move, the company has built a chain of high-quality bird's nest houses, aiming to achieve an output of about 30 tonnes per year. In addition, the company has invested in building two more factories to improve productivity.

It will inaugurate and put into operation the Sanvinest Khanh Hoa Bird's Nest Processing Factory at the Song Cau Industrial Cluster in Khanh Vinh district.

Meanwhile, a memorandum of understanding on cooperation in bird’s nest export was signed between the Bird’s Nest Associations of Binh Dinh province, Gia Lai province’s Quang Da and Chu Se districts, An Giang and Quang Ngai provinces and AVANEST Vietnam.

Under the deal, the associations will provide raw materials to AVANEST Vietnam for processing for export. Meanwhile, the firm will supply the associations with training on farming and harvesting techniques as well as management tools serving their operations.

According to the Department of Animal Health, a total of 45 Vietnamese companies have registered to export bird’s nests to China. Of these, nine have completed the necessary documents under a protocol signed between the MARD and GACC, which specifies guidelines on the quarantine, inspection, and veterinary hygiene standards to be adhered to for exporting bird’s nests./.

Source: VNA
en.vietnamplus.vn

Related News

Latest News

Vietnam among 10 biggest construction ceramic producing countries

Vietnam among 10 biggest construction ceramic producing countries

Vietnam is among the 10 biggest producers of construction ceramics and has the fourth largest ceramic tile output, according to Deputy Minister of Construction Nguyen Van Sinh.
The Netherlands is Vietnam’s export market in the EU

The Netherlands is Vietnam’s export market in the EU

VCN - The Netherlands is Vietnam’s export market in the EU and also the country’s partner with a large surplus.
Việt Nam

Việt Nam's e-commerce market is expected to reach US$20.5 billion

MoIT Deputy Minister Hải was speaking at the Vietnam E-commerce Development conference, entitled Sustainable E-commerce Development, organised by the MoIT’s Department of E-commerce and Digital Economy on December 1.
Textile, garment enterprises need to embrace green transition: Seminar

Textile, garment enterprises need to embrace green transition: Seminar

The imperative for enterprises, including those in the textile and garment sector, to proactively embrace the green transition wave for enhanced global supply chain positioning was highlighted at a seminar in HCM City on Friday.

More News

Vietnam earns almost 26 billion USD from tourists in 11 months

Vietnam earns almost 26 billion USD from tourists in 11 months

Vietnam recorded about 628.3 trillion VND (over 25.8 billion USD) in total earnings from tourists during January - November, said the Vietnam National Authority of Tourism (VNAT).
Trade defense tools strengthened in CPTPP member countries

Trade defense tools strengthened in CPTPP member countries

VCN – The implementation of CPTPP agreement over the past five years has expanded markets, attracted investment and brought competitive advantages to exports. However, it also poses risk of being investigated to apply trade defense measures to the Vietnamese firms.
Golden opportunity for the recycling industry

Golden opportunity for the recycling industry

VCN - The increasing demand for recycled products, combined with domestic legal regulations and policies of export markets, is opening up "golden" opportunities for Vietnam's waste recycling industry. The earlier you invest, the greater the benefits you will receive.
Vietnamese agricultural products introduced at India’s expo

Vietnamese agricultural products introduced at India’s expo

Vietnam’s standout farm produce and processed products are being showcased at the Indian Food Expo, which opened in Lucknow city, Uttar Pradesh state on December 1.
EU sees Vietnam as vivid demonstration of EVFTA success

EU sees Vietnam as vivid demonstration of EVFTA success

Executive Vice President of the European Commission (EC) and EU Commissioner for Trade Valdis Dombrovskis said Vietnam's rise to become the bloc’s leading trade partner in ASEAN is a vivid demonstration of the success of the EU-Vietnam Free Trade Agreement (EVFTA).
Bustling rice export

Bustling rice export

VCN - Diversifying markets and continuously increasing average prices help Vietnam's rice export activities become extremely bustling.
HCM City lures over 3 billion USD in FDI in 11 months

HCM City lures over 3 billion USD in FDI in 11 months

Ho Chi Minh City attracted more than 3 billion USD in foreign direct investment (FDI) in the first 11 months of 2023, down 12.9% year-on-year, the city’s Statistics Office has announced.
Expanding the Indonesian market with "Halal certification"

Expanding the Indonesian market with "Halal certification"

VCN - The challenge of Vietnamese businesses when accessing Indonesia's Halal market is largely that businesses do not understand the Muslim country's consumer culture.
Taking advantage of EVFTA: "It

Taking advantage of EVFTA: "It's impossible for everyone's house to shine brightly"

VCN - According to experts, the trend of the EU market is to increase technical barriers when reducing tariff barriers. It can be easily seen that as soon as the EVFTA took effect, the EU made many announcements related to rules for facilities raising and transporting aquatic animals, or increasing regulations on requirements for animal health...
Read More

Your care

Latest Most read
Vietnam among 10 biggest construction ceramic producing countries

Vietnam among 10 biggest construction ceramic producing countries

Vietnam is among the 10 biggest producers of construction ceramics and has the fourth largest ceramic tile output, according to Deputy Minister of Construction Nguyen Van Sinh.
The Netherlands is Vietnam’s export market in the EU

The Netherlands is Vietnam’s export market in the EU

VCN - According to the latest statistics from the General Department of Vietnam Customs, the export turnover to the Netherlands reached US$925 million in October.
Việt Nam

Việt Nam's e-commerce market is expected to reach US$20.5 billion

MoIT Deputy Minister Hải was speaking at the Vietnam E-commerce Development conference, entitled Sustainable E-commerce Development, organised by the MoIT’s Department of E-commerce and Digital Economy on December 1.
Textile, garment enterprises need to embrace green transition: Seminar

Textile, garment enterprises need to embrace green transition: Seminar

The imperative for enterprises, including those in the textile and garment sector, to proactively embrace the green transition wave for enhanced global supply chain positioning was highlighted at a seminar in HCM City on Friday.
Vietnam earns almost 26 billion USD from tourists in 11 months

Vietnam earns almost 26 billion USD from tourists in 11 months

Vietnam recorded about 628.3 trillion VND (over 25.8 billion USD) in total earnings from tourists during January - November, said the Vietnam National Authority of Tourism (VNAT).
Mobile Version