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./.
See more
An Giang steps up tourism development ahead of APEC 2027
Tourism in the province has recorded strong growth, affirming its position as one of the region’s leading destinations. Phu Quoc Island continues to attract the majority of international travellers, receiving more than 817,660 visitors, accounting for over 98.5% of total foreign arrivals to the province.
Reducing risks, removing logistics bottlenecks amid Middle East volatility
According to Truong Xuan Trung, Trade Counsellor of Vietnam in the UAE, the Middle East serves not only as a consumption market but also as a key global transhipment hub, meaning instability in the region creates ripple effects across intercontinental transport networks. Shipping route adjustments and airspace restrictions have lengthened transit times, increased costs and disrupted delivery schedules, with some Vietnamese shipments forced to reroute or seek alternative markets.
Senior housing emerges as high-potential segment in Vietnam
Major developers such as Vingroup, Sun Group and Tran Anh Group have already announced plans to enter the segment, signalling increasing investor interest in what is widely seen as an underdeveloped but promising market.
Businesses seek “survival momentum” amid global geopolitical turbulence
This is an urgent move as the challenges of 2026 differ markedly from previous ones, shaped by overlapping external shocks ranging from geopolitical tensions disrupting supply chains to surging logistics and raw material costs, exchange-rate pressures, and increasingly complex tariff barriers in global markets.
Reference exchange rate drops slightly on March 26
The State Bank of Vietnam set the daily reference exchange rate at 25,102 VND/USD on March 26, down 2 VND from the previous session.
Financial infrastructure - a critical enabler of sustainable cross-border e-commerce
Vietnam’s fast-growing e-commerce sector is increasingly viewed as a potential contributor to export growth. As the ecosystem matures, the focus is shifting from simply selling across borders to building the operational capacity required to run global businesses at scale.
Ho Chi Minh City gives boost to supporting industry firms
Supporting industry firms in Ho Chi Minh City are scrambling to embed themselves more deeply into both global and domestic supply chains, backed by a suite of local incentives that are speeding up their tech upgrades and market access.
Italian food firms eye opportunities in Vietnam
Italy’s exports of food and beverages to Vietnam reached 105.1 million EUR in 2025, up 4% year-on-year, positioning the country among the leading EU suppliers to the Vietnamese market.
German firms expand workforce cooperation with Vietnam’s labour market
BGWind GmbH, a member of the network of the German Association of Small and Medium-Sized Businesses (BVMW), intends to organise recruitment trips to Vietnam roughly once a month, with the next visit expected in late April 2026.
Quang Ninh promotes all-round cooperation with Guangxi Zhuang Autonomous Region
Quang Ninh encourages Guangxi enterprises to invest in high-tech marine aquaculture and expand aquatic product exports in China. At the same time, the province aims to develop livestock farming in line with international standards and attract investment in deep-processing plants for agricultural products such as cinnamon, star anise and tea, linked with traceability systems at border gates.
Vietnam becomes fastest growing market for Norwegian salmon in Southeast Asia
The Norwegian Seafood Council (NSC) reported at the “Norwegian seafood industry in Vietnam market 2026” event held in Ho Chi Minh City on March 25 that fresh Norwegian salmon exports to Vietnam jumped 16% in volume in the first two months of 2026 compared with a year earlier, while frozen salmon shipments surged about 37%.
Positioning Vietnam International Financial Centre on global capital “radar”
While building a fully-fledged international financial centre will take time, the VIFC is gradually moving from positioning to building credibility, thereby opening up new opportunities to attract global capital in the years ahead.
Energy giants work hard to roll out E10 RON95 sale ahead of schedule
Petrolimex and PVOIL, are in a strong position to accelerate the transition toward cleaner fuels. These companies have been actively preparing infrastructure, upgrading blending systems, and coordinating supply chains to ensure the availability of E10 RON95 across their nationwide retail systems.
Over 200 booths join Bac Ninh trade, tourism fair 2026
Bac Ninh expects the event to help businesses expand partnerships, seek new markets and enhance product branding while offering visitors opportunities to explore local specialities and tourism services.
Vietnamese firms step up engagement at India’s tech exhibitions
Through these exhibitions, Vietnamese enterprises had valuable opportunities to connect with foreign partners and exchange technological ideas, thereby identifying suitable partners and promoting investment cooperation and technology transfer.
Unprecedented: Vietnam set to complete one of world’s most modern airports
With a total implementation timeline of 18 months, the expansion of the Phu Quoc International Airport is recognised as an unprecedented project in terms of speed within Vietnam’s aviation infrastructure sector.
Vietnam, Germany boost innovation, startup ecosystem connectivity
Deputy PM Nguyen Chi Dung highly valued CfE’s reputation and pioneering role in building Germany’s innovation-driven startup ecosystem, and called for stronger cooperation with NIC to support Vietnamese universities, research institutes and organisations in training and scientific research.
Measures sought to balance airfare pressures ahead of summer peak
Amid fuel price hikes due to Middle East tensions, the Civil Aviation Authority of Vietnam has instructed airlines to optimise costs, safeguard cash flow, and maintain stable operations, particularly during peak travel periods.
Vietnam's first pumped-storage hydropower project secures two int’l loan deals
Localted in the south-central province of Khanh Hoa, Bac Ai is Vietnam’s first pumped-storage hydropower plant. With four turbines and a total installed capacity of 1,200 MW, it is a key energy project playing a central role in the country’s energy transition.
ASEAN opens new export momentum for Vietnam
As competition in ASEAN is intensifying, Vietnamese enterprises are advised to strengthen distribution networks, enhance product innovation and closely monitor policy changes and trade-defence measures in importing markets to sustain and expand their market share.