WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Industry
Vietnamese tea exported in raw form
By Tuan Minh 11:49, 2013/12/02
Ministry of Industry and Trade’s Market Department Deputy Head Le Viet Nga has revealed Vietnam’s export tea price is significantly lower than the average global price, attributing it to more than 90% of tea volumes being exported in the form of raw materials.
Nga says despite Vietnam’s position among the top five tea producers and ranking fifth among worldwide tea exporters, the value of Vietnamese tea exports remains comparatively lower than other nations, at US$1,200 per hectare.

Few businesses have invested in developing trademarks and packaging technologies to increase the value of products. In addition, the number of tea factories has trippled or even increased  seven or eight fold compared to capacities of supply materials, leading to a lack of investment in material zones and low quality products.

Thai Nguyen Tea Association President Nguyen Thi Nga reports that there is limited co-ordination between tea growers and businesses and the sector still faces difficulties in ensuring quality management  and food safety and hygiene.

She warned that the tea sector should update processing technologies and production lines to produce competitive tea products while proposing tax exemption for tea cultivation in hilly regions for five years,  and setting up a price stabilization fund as well as introducing modern mechanisms to develop sustainable tea production.

Other news
15:52, 2024/11/07
Hanoi DigiTech 2024 connects businesses through digital products
The expo offers companies a chance to showcase their tech products and services while seeking strategic partners in e-commerce and digital technology.
14:56, 2024/11/07
Hanoi steps up investment promotion
Hanoi will continue promotion efforts with trade and tourism initiatives to achieve its investment attraction strategies.
15:17, 2024/11/04
Hiring multitaskers: Priority for Hanoi companies
Several sectors experience increased hiring demand in the remaining months of 2024
18:17, 2024/11/03
Hanoi seeks partnerships to build skilled workforce for digital transformation
Vocational training institutions play important roles in developing a quality workforce prepared for large companies.
18:35, 2024/10/30
Hanoi to host Vietnam-Asia Smart City Summit 2024
The summit aims to share best practices and promote cooperation among Vietnam's provinces and cities in building and developing smart cities.
15:53, 2024/10/29
Vietnamese spend $8.9 billion on ecommerce
The total transaction volume in the Jan-Sep period increased by 37.7% compared to the same period last year.