Ho Chi Minh City (VNA) – Vietnam holds significant potential to export Halal food products, ranking among the world’s top 20 and top 15 exporters of food and farm produce, respectively, heard a November 14 conference on promoting the country’s Halal trade.
Participating experts discussed the fact that the Muslim market now includes over 2 billion people, roughly 25% of the global population, with the majority concentrated in Asia, particularly within the ASEAN region. A report from the Food and Agriculture Organization of the United Nations (FAO) shows that the community’s spending on Halal food is steadily rising, projected to reach 1.9 trillion USD by 2024 and 15 trillion USD by 2050.
However, despite its global rankings, the Southeast Asian nation has yet to enter the list of the top 20–30 countries supplying Halal food worldwide and its Halal exports remain modest. This is partly due to challenges related to certification, production and export, such as high investment costs and limited understanding of cultural preferences and standards. The country has only one internationally recognised Halal certification organisation, namely the Halal Certification Agency (HCA) Vietnam.
Nguyen Thi Ngoc Hang, Marketing Manager of the HCA Vietnam, stressed that for Vietnamese products of this category to enter Muslim-majority markets, companies must select credible, internationally credited Halal certification bodies, such as the Department of Islamic Development Malaysia (Jakim), Indonesia’s Halal Product Assurance Organising Agency (BPJPH), and the UAE’s Ministry of Industry and Advanced Technology (MoIAT).
Nguyen Minh Phuong from the Ministry of Industry and Trade’s Asia-Africa Market Department pointed out that Vietnam faces competition from countries like Malaysia, Indonesia, and Thailand, which already have experience and established reputations in Halal exports. Additionally, Middle Eastern and African consumer cultures differ significantly from Vietnam’s, from product consumption styles and flavour preferences to packaging and advertising methods. Other logistical challenges include long transport times, high shipping costs, and uneven infrastructure across African nations, which complicates the maintenance of stable supply chains.
To address these issues, domestic enterprises are encouraged to utilise trade promotion activities, such as participating in international trade fairs and trade missions organised by the Government and local business associations. They should also analyse and assess risks before deciding to expanding into the Halal market.
In February 2023, the Prime Minister approved a national strategy to strengthen international cooperation and develop the Halal industry through 2030. This is Vietnam’s first comprehensive scheme for the sector, aiming to mobilise international resources and help Vietnamese enterprises to integrate more effectively into the global production and supply chain./.

See more

Inflation pressure in H2 to be driven by exchange rates, credit: experts
Inflationary pressure in the second half of 2025 would remain moderate, as factors driving prices up and down are expected to balance each other out. Assuming the CPI rises by an average of 0.27% per month, matching the average increase in the last six months of the 2015-24 period, the average inflation rate for 2025 is forecasted at 3.4%.

Vietnamese products make mark at Europe’s largest fashion, textile fair
Le Dinh Ba, Trade Counsellor at the Vietnam Trade Office, said the national pavilion enabled small- and medium-sized enterprises to participate by sending products and catalogues. The exhibition offered a valuable platform for Vietnamese businesses to showcase their capabilities, connect with buyers, and build long-term trade relationships.

Reference exchange rate up 12 VND on July 10
The State Bank of Vietnam set the daily reference exchange at 25,131 VND/USD on July 10, up 12 VND from the previous day.

Auto enterprises to enjoy preferential import tariff policies
The new decree, which took effect on July 8, 2025, revises the minimum production volume criteria for enterprises seeking to benefit from preferential import tariffs on automotive components under the preferential tariff programme. This policy aims to support domestic vehicle manufacturers and assemblers, particularly those producing environmentally friendly models.

Small banks forecast to lead growth in H2
The small-sized banking group is expected to have the strongest growth rate of up to 35% thanks to boosting real estate credit from a low base and starting to accelerate bad debt handling.

Ministry backs exploring feasibility of building airport in Ninh Binh
According to Xuan Truong’s proposal, the airport would be developed in Y Yen commune and funded by Ninh Binh’s local budget and private capital, without central Government funding.

Vietnam records highest industrial production growth in five years
For the first half of 2025, the IIP rose by 9.2% compared to the same period last year, marking the highest growth rate since 2020, the office reported.

Vietnam halts use of German ODA loans for HCM City metro line
The first phase of HCM City's Metro Line No. 2, stretching 11.3km with 10 underground and one elevated station, was approved in 2010 with an estimated cost of 26 trillion VND (994 million USD). That figure was revised to nearly 47.9 trillion VND (1.8 billion USD) in 2019 after delays and cost escalations.

Government bond issuance surges nearly 70% in June
The Hanoi Stock Exchange (HNX) held 16 government bond auctions in June, raising nearly 30.5 trillion VND (1.2 billion USD), up 68.8% from May.

Vietnam’s economic surge draws global investors despite headwinds: Techcombank
Amid global economic uncertainty, Vietnam is recognised as an attractive destination for foreign investment, buoyed by macroeconomic stability, bold reforms, and a business-friendly climate, heard at the Techcombank Investment Summit in Hanoi on July 9.

Vietnam pledges support for AES investment in green energy
Tran Luu Quang, Chairman of the Party Central Committee’s Commission for Policies and Strategies, praised AES’s investment performance in Vietnam in recent years and welcomed its long-term commitment, particularly in the field of green and clean energy that supports the country's development and energy transition.

Prime Minister requests synchronous site clearance for railway projects
The government leader reiterated that the land clearance work has been separated from the investment projects and assigned to localities.

Vietnam Airlines welcomes 350 millionth passenger after 30 years of operation
Over the past three decades, Vietnam Airlines has operated 1.2 million round-trip flights, covering 3.04 billion kilometres, and serving 350 million passengers with an average annual growth of 19%.

Khanh Hoa invites strategic investors to Van Phong Economic Zone
Attracting major investors will bring in capital, advanced technology, and modern management expertise, helping to develop key industries, generate jobs, and promote local development, said a leader of the Van Phong Economic Zone.

Three solutions to help e-commerce sellers adapt to new tax regulations
New regulations on taxes and fees for e-commerce platforms have officially taken effect from July, requiring sellers to quickly adapt by implementing three key measures to safeguard profits and maintain competitiveness.

Personalising branding: quick impact, high risks
A significant trend in recent years is the growing emphasis on personal branding.

PM urges swift, accountable implementation of key railway projects
As head of the steering committee, PM Chinh reiterated the strategic direction outlined in the 13th National Party Congress, which emphasises the need to continue three strategic breakthroughs, with priority given to railway development and starting work on several sections of the North–South high-speed railway, improving transport connectivity with economic zones, industrial parks, seaports, and airports, and accelerating the pace of urban railway projects in Hanoi and Ho Chi Minh City.

Vietnam – US economic ties thrive as bilateral relations enter new chapter
Vietnam is playing a growing role in the US’s global supply chains while American businesses have contributed significantly to Vietnam’s economic transformation and development, according to Minister of Industry and Trade Nguyen Hong Dien.

Vietnam aims for emerging stock market status by September
Deputy Minister of Finance Nguyen Duc Chi said the upgrade would open doors for global funds eyeing exposure to one of Asia’s fastest-growing economies.

Green transition in manufacturing: A sustainable development imperative
In addition to their own efforts, businesses and industries are calling for stronger policy assistance to accelerate green transition, expand market access, and boost long-term competitiveness.