Bird's nest exports set to soar in coming years

Vietnam's birds nest exports are expected to swell in the coming years.
Bird's nest exports set to soar in coming years ảnh 1The total output of bird’s nests is expected to reach 160 tonnes of unprocessed bird’s nests in 2025. (Photo: VNA)
Hanoi (VNS/VNA) - Vietnam'sbirds nest exports are expected to swell in the coming years.

According to Deputy Minister ofAgriculture and Rural Development Phung Duc Tien, procedures needed to exportbird’s nests to China are almost completed. Vietnam expects to ship the firstbatch of this product to China in the first quarter of 2021, the world’slargest bird’s nest consumption market.

Do Tu Quan, head of the VietnamSwiftlet Farming Association, said the total output of unprocessed bird’s nestsis expected to reach 160 tonnes in 2025. Most of the output will be exported toChina to the tune of 100 tonnes, earning 150 million USD.

The remaining 60 tonnes will beprocessed to 42 tonnes of clean bird’s nests. Of which, it expects to ship 16.8tonnes of clean bird’s nests to Singapore and 8.4 tonnes to the USwith export values of 58.8 million USD and 29.4 million USD, respectively.The rest of the clean bird’s nests will be consumed in the domestic market.

In 2021 the domestic swiftbreeding industry expects to achieve a turnover of about 3 trillion VND. Theturnover is predicted to surge to 6 trillion VND in 2025 if Vietnam develops aproduction chain of bird’s nests, processing technology for bird’s nestsproducts and develops markets with many trade promotion activities for thisproduct.

Quan said Vietnam needs to builda brand name for Vietnamese bird’s nests in the world market together with thedevelopment of production chains for this product, Nongnghiep Viet Nam (Vietnam Agriculture) newspaper reported.

In recent years, the Ministry ofAgriculture and Rural Development (MARD) has actively promoted exports ofbird’s nests to foreign markets, including China. Due to the impact of theCOVID-19 pandemic, negotiations to export the product to China have mainly beenconducted via online meetings and procedures are almost completed, said DeputyDirector of the MARD's Department of Livestock Breeding Nguyen Van Trong.

Trong noted that Vietnamesebird’s nests eligible for export could meet a third of the demand in theChinese market, opening huge opportunities for this multi-million-dollarindustry.

Forty-two out of 63provinces and cities in Vietnam participate in the swift breeding industry witha total of 20,000 birdhouses and an annual volume of approximately 120 tonnes,worth about 450 million USD.

Vietnam’s swift breeding industrybegan to thrive in 2010, with the volume accounting for 3 percent of the globalbird’s nests production. The southern province of Kien Giang has the largestnumber of birdhouses at 2,600.

Although bird’s nests are aspeciality of high economic value in Vietnam and one of the 10 most expensivedishes in the world, their production value remains low and cannot be comparedwith traditional agricultural products, and they have yet to be classified inthe group of national key products./.
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.