Vietnam's cinnamon industry urged to take advantage of FTAs to increase exports

게시됨 2023년 12월 26일

Tridge 요약

Enterprises in the cinnamon sector in Quảng Nam should take advantage of FTAs to boost exports, as the gloomy global market and decreasing quality of Trà My cinnamon products have resulted in shrinking consumption and the need for narrowing cinnamon-growing areas in the region. Local enterprises have insufficient investment in building processing facilities and in researching and developing product quality, leading to challenges in expanding production facilities, improving output and product quality, and meeting the demand of domestic and international markets. However, there is potential for growth as there are opportunities to foster exports, connect with supply, demand, and distribution, and increase the value of cinnamon trees by developing niche markets and optimizing production capacities.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

Enterprises in the cinnamon sector should take advantage of opportunities brought by free trade agreements (FTAs) to increase exports, a conference heard last week in the central province of Quảng Nam. Speaking at the event, Deputy Director of Quảng Nam Department of Industry and Trade Hường Văn Minh said that Quảng Nam cinnamon had been a well-known spice and had created major income for ethnic groups for many years. The Ministry of Science and Technology's Intellectual Property Office of Việt Nam issued a geographical indication certificate for Trà My cinnamon in 2011 and cinnamon bark products in 2015. Cinnamon products have created a major source of income for people in cinnamon-growing areas. and cinnamon trees had become the most important tree in the economic development of Quảng Nam’s Trà My District. However, the gloomy global market and the decreasing quality of Trà My cinnamon products had resulted in shrinking consumption, and local people had to narrow many cinnamon ...

출처: WTOCenter