Vietnam authorised to export insect-based food to EU
Vietnam has become the fifth nation in the world authorised by the European Union (EU) to export insect-based food to the demanding market, according to the Ministry of Industry and Trade’s Agency of Foreign Trade.
Hanoi (VNA) – Vietnam has become the fifth nation in the world authorised by
the European Union (EU) to export insect-based food to the demanding market,
according to the Ministry of Industry and Trade’s Agency of Foreign Trade.
Under the European Commission (EC)’s Regulation (EU) 2021/171, Vietnam has provided sufficient evidence and guarantees to the EC’s Directorate-General for Health and Food Safety (DG SANTE) to be included in the list of third countries or regions authorised for the entry of consignment of insects into the EU market.
The regulation took effect on February 15, 2021.
Before Vietnam, Canada, Switzerland, the Republic of Korea and Thailand have also been granted the permission for their insect-based products, touted by nutritionists as the food of the future, to access the EU market.
The EU regulation is expected to provide a new engine for Vietnam’s food industry to expand further./.
Under the European Commission (EC)’s Regulation (EU) 2021/171, Vietnam has provided sufficient evidence and guarantees to the EC’s Directorate-General for Health and Food Safety (DG SANTE) to be included in the list of third countries or regions authorised for the entry of consignment of insects into the EU market.
The regulation took effect on February 15, 2021.
Before Vietnam, Canada, Switzerland, the Republic of Korea and Thailand have also been granted the permission for their insect-based products, touted by nutritionists as the food of the future, to access the EU market.
The EU regulation is expected to provide a new engine for Vietnam’s food industry to expand further./.
You should also see
VNA marks 70th anniversary of Dien Bien Phu Victory with various activities
The Vietnam News Agency (VNA) hosted an array of activities to celebrate the 70th anniversary of the Dien Bien Phu Victory (May 7, 1954 - 2024).
See more
Business
Hanoi to host Vietnam Medipharm Expo 2024
The 31st Vietnam International Medical and Pharmaceutical Exhibition (Vietnam Medipharm Expo 2024) is scheduled to take place in Hanoi from May 9 to 12, an official of the Ministry of Health (MoH) told a press conference on April 19.
Business
Japan's Takashimaya plans to expand investment in Vietnam
Takashimaya, a Japanese operator of upscale department stores, plans to open a shopping centre in Hanoi in 2026 that will be the company's first new location abroad in eight years, Japanese newspaper Nikkei reported.
Business
Localities get ready for fourth FDI boom
As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.
Business
Vietnam earns 1.43 billion USD from rice exports in Q1
ietnam in the first quarter of 2024 exported 2.18 million tonnes of rice, earning 1.43 billion USD, an increase of 17.6% in volume and 45.5% in value year on year. Meanwhile, the average export rice price also increased by 23.6% to $653.9 per tonne.
Business
Old loans must endure higher interest rates temporarily: central bank
The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end of last year. However, borrowers with loans issued before the latest rate adjustment still must pay higher rates, according to the State Bank of Vietnam (SBV).
