Falling exports are putting pressure on the tea industry to enhance product quality amid rapid international integration associated with growing harsh competition.
The Ministry of Industry and Trade said Vietnam is the fifth largest tea exporter in the world, but tea is mainly exported as a raw product with low export price, equal to about half of the world's average price.
Statistics showed that tea exports dropped by 5.6 percent in volume to 79,000 tonnes and 4.8 percent in value to reach 134 million USD in the first eight months of this year, compared with the same period last year.
The ministry said quality is currently the greatest problem that the tea industry encounters, which could lead to loss of export markets to competitors.
There are many factors affecting the Vietnamese tea quality, including scattered cultivation, lack of management of pesticide use, outdated farming techniques and lack of coordination between plantations and processing and distribution.
President of the Vietnam Tea Association Nguyen Huu Tai said there should be an organisation to monitor the use of pesticides in tea cultivation to ensure its quality.
Minister of Agriculture and Rural Development Cao Duc Phat said tea is among the important agricultural exports of Vietnam, adding that attention must be paid to developing tea cultivation, especially improving tea quality and ensuring food hygiene standards.
Phat said the tea farming methods must be improved to meet hygiene standards for domestic consumption as well as exports, including the planning of tea plantation areas for processing firms. The development of a Vietnamese tea brand together with the organisation of trade promotion activities is also indispensable for boosting tea exports.
In addition, the ministry would tighten State management over the use of pesticides and fertilisers, while improve farming techniques for farmers, he said.
Notably, the ministry is planning to grant codes to tea plantation areas to trace the origins of tea as part of efforts to professionalise tea production.
The ministry's statistics showed that Vietnam's tea exports last year reached 133,000 tonnes, worth 230 million USD, ranking fifth in the world after China, India, Kenya and Sri Lanka.
The area under tea plantation totalled 130,000ha in the country by the end of 2014. Lam Dong, Thai Nguyen, Ha Giang, Phu Tho and Yen Bai were the provinces with the largest tea plantation areas.-VNA
See more
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 travel firms explore opportunities at int'l trade fair in Singapore
Vietnamese travel firms are attending the Asia International Trade Fair (ITB Asia 2024) in Singapore.
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.
Vietnam's exports to Singapore maintain high growth
Vietnam's exports to Singapore surged by 35.23% in September, maintaining a high year-on-year growth rate in the first nine months of 2024, at 31.55%.
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.
PM receives General Director of Russian oil and gas company Zarubezhneft
Prime Minister Pham Minh Chinh received General Director Kudryashov Sergei Ivanovich of Russian oil and gas company Zarubezhneft in Kazan on October 23 (local time) as part of his working trip to Russia to attend the expanded BRICS Summit.
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).
Reference exchange rate up 10 VND on October 24
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,260 VND/USD on October 24, up 10 VND from the previous day.
Nuclear power back on table to secure Vietnam’s energy future
In a move to secure Vietnam's energy future, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan has underscored the urgent need to restore investment in and develop nuclear power, placing utmost importance on safety.
Da Nang – India’s Ahmedabad new flight service launched
The Da Nang Department of Tourism and Vietjet Air organised a ceremony to launch a new flight service linking the vibrant central city of Da Nang with Ahmedabad, a cultural hub of India, on October 23.
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 first international semiconductor exhibition to take place in November
The Vietnam Semiconductor Industry Exhibition 2024 (SEMIExpo Vietnam 2024), will take place at the National Innovation Centre in Hanoi from November 7-8 under the theme of "Elevating Vietnam in the Global Semiconductor Supply Chain".
HCM City event promotes digital transformation
With the theme “Digital technology - a new growth driver for HCM City”, the two-day event officially opened to visitors at Riverside Palace in District 4 from October 22.
Vietnam Airlines, Garuda Indonesia strengthen strategic partnership
National flag carrier Vietnam Airlines and Garuda Indonesia have officially signed a Memorandum of Understanding on enhanced collaboration for the expansion of their strategic partnership.
Vietnam Motor Show 2024 showcasing green technology
The Vietnam Motor Show 2024 (VMS 2024) themed Accelerate to Green kicked off in Ho Chi Minh City on October 23, featuring 19 automotive brands and nearly 300 exhibitors.
Vietnamese steel industry under pressure amid protectionism tension and dumping
Facing the threat from Chinese steel and the tension of protectionism globally with the possibility of further escalation, whether the 'picture' of the Vietnamese steel industry will be brighter or not in the times ahead continues to form a question mark.
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.
Seafood exports to boom in year-end despite headwinds: Experts
The year-end festive season is expected as a stimulus to boost Vietnam’s exports of aquatic products despite various challenges, according to experts.
Banks show positive results during third quarter
Several banks have recently announced startling business performance results in the third quarter of 2024 and the first nine months of 2024.
Reference exchange rate up on October 23
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,250 VND/USD on October 23, up 10 VND from the previous day.