Fluctuations in supply chains and consumer demand in some ASEAN markets, which are home to many Muslims, have created unprecedented opportunities for Vietnamese exporters, industry insiders have said.
Vietnam is looking forward to Malaysia’s support to develop Halal food industry, contributing to lifting the bilateral trade to 18 billion USD by 2025, Ministry of Industry and Trade Nguyen Hong Dien told his Malaysian counterpart Mohamed Azmin Ali during their recent meeting in Hanoi.
Vietnam should strive to tap the potential Halal market considering its location in Southeast Asia - South Asia - South Pacific region, which is home to 860 million Muslims, accounting for 66 percent of the total Muslim population in the world, Nguyen Quoc Dung, Deputy Minister of Foreign Affairs said.
A workshop was held virtually by the Ministry of Foreign Affairs on August 10 to seek ways to beef up international cooperation for the development of Halal industry in Vietnam.
Vietnamese food processors have opportunities to tap into the billion-USD Halal market when attending a hybrid exhibition on Halal products and processed food scheduled in late May in Singapore.
Thailand's Ministry of Commerce is to enhance the potential of Halal product producers in the five southern provinces so that they are ready to enter the market in Qatar during the 2022 World Cup.
Many Vietnamese firms are set to participate in the 2018 Selangor International Business Summit (SIBS) in Malaysia to exchange information and seek business opportunities, a meeting heard in Ho Chi Minh City on April 16.
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