After years of fluctuations, in 2021, the pepper industry enjoyed a good growth to regain its position as one of the major export products with revenue from 1 billion USD.
The Ministry of Agricultural and Rural Development is working with localities to examine the development of pepper farming with a view to designing a sustainable growth orientation for the sector between now and 2030.
Over the last ten days, pepper prices have fallen from an already low 82,000 VND (3.65 USD) to 72,000 VND per kilogramme, but pepper farmers in the Central Highlands continue to hold out for higher prices.