Pepper export value hits nearly 190 million USD in 2 months

According to the Vietnam Pepper and Spice Association, the country exported 28,000 tonnes of pepper during this period, generating an impressive revenue of 188.7 million USD.

Dak Nong is one of the leading provinces in Vietnam for pepper production. (Photo: VNA)
Dak Nong is one of the leading provinces in Vietnam for pepper production. (Photo: VNA)

Hanoi (VNA) – Vietnam's pepper export value surged by 52% in the first two months of 2025, despite a 9.4% decline in export volume.

According to the Vietnam Pepper and Spice Association, the country exported 28,000 tonnes of pepper during this period, generating an impressive revenue of 188.7 million USD.

Although its cultivation area is smaller than that of other major crops like coffee, rubber, tea, and cashew, pepper remains a high-value commodity. The area dedicated to pepper cultivation is equivalent to just 15% of the land used for coffee and 12% of the land for rubber. However, its export value accounts for 23% of coffee export earnings (5.6 billion USD) and over 38% of rubber export revenue (3.4 billion USD). These figures highlight the industry's untapped potential and offer promising opportunities for further growth.

To ensure long-term growth and sustainability, the Ministry of Agriculture and Environment is developing a master plan for industrial crop development through 2030. The strategy aims to maintain the pepper cultivation area between 80,000 and 100,000 hectares, targetign a yield of 2.4–2.5 tonnes per hectare and an annual production of 200,000–300,000 tonnes./.

VNA

See more

Vietnamese Ambassador to Cuba Le Quang Long and Mayda Mauri Pérez, President of BioCubaFarma and representatives of the embassy and BioCubaFarma (Photo: VNA)

Vietnam, Cuba promote pharmaceutical cooperation

Vietnamese Ambassador to Cuba Le Quang Long emphasised the importance of strengthening bilateral cooperation in biotechnology and pharmaceuticals to improve public health and meet Vietnam’s medical care needs.

The Department of Vietnam Customs (DVC) reports a positive start in 2025, with State budget revenue hitting 61.3 trillion VND (2.45 billion USD) in the first two months. (Photo: VNA)

State budget revenue up 8.91% in first two months

Between December 15, 2024 and February 14, 2025, 2,440 customs law violations were detected, with the estimated value of confiscated goods amounting to 2.79 trillion VND. Authorities referred 19 cases for prosecution, contributing an additional 133.19 billion VND to the state budget.

LBBW signs a memorandum of understanding (MoU) with Vietnam’s Techcombank and Techcom Securities to further expand its services in the country (Photo: VNA)

German bank honoured for contributions to Vietnam’s development

LBBW has placed a strong emphasis on cooperation and knowledge sharing by working closely with partners in Vietnam such as banks, corporations, and non-bank financial institutions, and offering expertise and advisory services to meet the needs of the growing economy.

Vietnam’s electricity production and import reach 22.24 billion kWh in February. (Photo: VNA)

February electricity output rises 12.6%

Cumulative power output in the first two months of this year totaled 45.06 billion kWh, dominated by coal-fired thermal plants with 55.1%, followed by hydropower with 20.6%, and renewable energy 16.3%. Imported electricity accounted for only 1.9%.

Vietnamese Minister of Industry and Trade Nguyen Hong Dien (R) and Kyrgyzstan Prime Minister Adylbek Kasymaliev co-chair the meeting with the Vietnamese business community. (Photo: VNA)

Kyrgyz PM meets with Vietnamese business community

He said Vietnam and Kyrgyzstan have significant potential to promote collaboration in various promising sectors, such as agriculture, hydro-power, renewable energy, tourism, information technology, and digital economy.

(Photo: https://thitruongtaichinhtiente.vn/)

Top 500 fastest-growing enterprises announced

Ngan Tin Group, FPT Long Chau, South Asia Informatics Technology JSC, Stellapharm Joint Venture Company Limited, and Taseco Group JSC are among the companies featured in the FAST500 rankings.

The opening ceremony (Photo: VNA)

Over 100 wood businesses attend Q-FAIR 2025

The fair is expected to promote the wood industry’s growth potential in the international market and enhance Binh Dinh’s image as a dynamic and promising destination.

At the event (Photo: VNA)

Vietnamese rice market to heat up soon: experts

V. Subramanian, co-founder of SSricenews, noted a growing rice demand from Malaysia, China, and Africa, where buyers are increasing their purchases. This trend signals a potential trade boom in the coming months.

VinFast VF e34 (Photo courtesy of VinFast)

EV buyers enjoy zero percent registration fee till 2027

The continuation of the zero percent registration fee policy for battery-powered electric vehicles (EVs) is a strong incentive for consumers and businesses, reinforcing Vietnam’s commitment to green transformation.