Vietnam’s spice industry promoted in US

Vietnam is the world’s largest exporter of black pepper, accounting for over 50% of global production. Each year, Vietnam exports approximately 80,000 tonnes to the US, more than 60% of the US black pepper imports.

People enjoy beef "pho" - a traditional dish seasoned with typical Vietnamese spices at the event. (Photo: VNA)
People enjoy beef "pho" - a traditional dish seasoned with typical Vietnamese spices at the event. (Photo: VNA)

Washington D.C. (VNA) - The Vietnam Embassy in the US and the American Spice Trade Association (ASTA) have recently co-hosted an event named “Navigating New Frontiers in Trade” in Washington D.C., to introduce Vietnam’s spice industry to local businesses and foster bilateral trade connections.

The event was attended by over 100 member companies of the ASTA, the Coffee and Cocoa Association, and import-export businesses of Vietnam, as well as representatives from the US Chamber of Commerce, the US-ASEAN Business Council, the US Grains Council, and commercial and agricultural attachés from ASEAN embassies in the US.

In his opening remarks, Vietnamese Ambassador Nguyen Quoc Dung emphasised that Vietnam is proud to be the world’s third-largest supplier and processor of spices, with an annual export value exceeding 1 billion USD (2024 data). The spice industry is promoting green production and developing raw material areas that meet the standards of major markets, demonstrating a commitment to food safety and sustainable development.

According to the ambassador, 2025 is especially meaningful as it marks the 30th anniversary of Vietnam–US diplomatic relations, with trade, including in the spice sector, serving as a key driving force. The US is currently one of the largest markets for Vietnamese spices, with black pepper as a flagship product and growing demand, opening numerous cooperation opportunities for businesses from both countries.

ASTA President Kerri Goad-Berrios emphasised that maintaining close relationships with spice-producing countries is crucial to the success of the US spice industry, and in fact, international cooperation is one of the core goals of the association.

The Vietnamese Trade Office in the US invited American businesses to the 2026 Vietnam International Spice and Pepper Outlook (VIPO), which is scheduled to be organised by the Ministry of Agriculture and Environment in Da Nang from March 3 to 5, 2026.

Vietnam is the world’s largest exporter of black pepper, accounting for over 50% of global production. Each year, Vietnam exports approximately 80,000 tonnes to the US, more than 60% of the US black pepper imports. This highlights the significant role of Vietnamese spices, especially black pepper, in the US market./.

VNA

See more

An overview of the meeting between representatives from Polish businesses and the Agency for Domestic Market Surveillance and Development. (Photo: Agency for Domestic Market Surveillance and Development)

Polish businesses seek suppliers, partners in Vietnam

MAJAMI, a confectionery manufacturer and trader under Sweet House, is seeking distributors for Polish confectionery products in the Vietnamese market. Meanwhile, GABONA, a distributor and wholesaler of professional cosmetics, hair care and make-up products and beauty accessories, is looking for Vietnamese manufacturers of vegan and natural cosmetics.

Kendra Rinas, Chief of Mission for IOM Vietnam speaks at the event. (Photo: VNA)

Vietnam advances in building, using migrant labour data system: workshop

Data presented in the report reflects effective migration governance in recent years. The average recruitment cost paid by migrant workers dropped by 23.8%, from 164.9 million VND (6,400 USD) in 2021 to 125.7 million VND in 2025. Conversely, average first-month earnings abroad rose by 25.4%, increasing from 22.4 million VND to 28.1 million VND.

Workers produce leather shoes for export at Lefaso Tra Vinh Investment and Production Joint Stock Company in Tra Cu commune, Vinh Long province. (Photo: VNA)

Vietnamese exporters pivot to ease pressure from US tariffs

Pressure from the new US tariff policy is prompting Vietnamese exporters to reassess their strategies. Rather than pursuing volume-driven growth, many are shifting towards higher-value orders, tighter cost control, greater productivity and a more balanced allocation of markets to reduce reliance on a single destination.

A worker handles and stacks goods. Nearly 138,100 businesses were newly founded from January to August, up 7.7% over the same period last year, while more than 40,800 businesses completed dissolution procedures, a jump of 125.5%. (Photo: VNA)

Firm entry and exits point to continued restructuring pressure

Updates from the National Statistics Office last week showed that nearly 138,100 businesses were newly founded from January to August, up 7.7% over the same period last year, while more than 40,800 businesses completed dissolution procedures, a jump of 125.5%.

A Vietnamese business introduces durian cakes to Chinese visitors at the 22nd China-ASEAN Expo (CAEXPO) in 2025. (Photo: VNA)

Vietnam steps up trade, investment promotion at China-ASEAN Expo

According to the CAEXPO Secretariat, Vietnam will once again lease an entire exhibition area of about 3,000sq.m, featuring 170 booths, making it one of the ASEAN countries with the largest exhibition spaces at this year’s event. Nearly 100 Vietnamese businesses have confirmed their participation, including major brands such as Trung Nguyen Group, TH Group, Saigon Coffee and Biti’s.

An overview of the VIFC's Executive Council meeting on September 7 (Photo: VNA)

Six groups of products, services proposed at Vietnam International Financial Centre

Deputy Minister of Finance Nguyen Thi Bich Ngoc said the products and services include investment funds and asset management, asset-backed digital assets, international carbon credits, commodity trading and derivatives infrastructure linked to trade and supply-chain financing, financial technology, and bonds issued at the centre. As these groups are at different stages of readiness, they will be rolled out in phases rather than simultaneously.

The meeting between the Quang Ninh delegation and Siemens Mobility (Photo published by VNA)

Quang Ninh seeks cooperation, investment opportunities in Germany

A Quang Ninh official praised the collaboration between Siemens Mobility and VinSpeed in developing the Hanoi–Quang Ninh high-speed railway and expressed his hope that the project will pave the way for future cooperation between Siemens Mobility and Quang Ninh in modern railway development and workforce training.

At the 10th intersessional meeting of UNCITRAL Working Group III in Ninh Binh province on September 7, 2026. (Photo: VNA)

Vietnam hosts UNCITRAL Working Group III intersessional meeting for first time

By hosting the 10th UNCITRAL Working Group III intersessional meeting, Vietnam wishes to continue playing an active and proactive role in UNCITRAL in general and Working Group III in particular, working alongside the international community to strengthen cooperation, share experience and contribute to the development of the international legal framework.

An Asian customer with a Vietnamese coconut product served with straws (Photo: VNA)

Vietnam’s agricultural exports: Shifting from volume to value

Vietnam has about 1.2 million hectares of fruit-growing areas, producing around 13 million tonnes a year. Its fruits are exported to more than 60 countries, including major markets such as the US, the EU, Japan, the Republic of Korea and China. The country is also among the world’s leading exporters of rice, cashew nuts, pepper and coffee, with its products reaching more than 150 countries, including markets with stringent standards.

A modern production line at Hana Micron Vina Co. Ltd., a wholly invested by the Republic of Korea, in Van Trung Industrial Park in Bac Ninh province (Photo: VNA)

Northern Vietnam attracts 80.5% of new manufacturing FDI in first half

John Campbell, Director and Head of Industrial Services at Savills Vietnam, said investment in electronics and semiconductors continued to concentrate in northern localities, which have developed relatively complete manufacturing ecosystems encompassing industrial infrastructure, technical labour and supplier networks.