Vietnamese bird's nest still faces many barriers: Quickly remove obstacles to export bird's nest to the market of billions of people

Published 2024년 7월 5일

Tridge summary

Khanh Hoa Bird's Nest Beverage Joint Stock Company (Sanvinest) is among the first Vietnamese firms licensed to export bird's nest products to China, with exports exceeding 6 billion VND and a target of $10 million by 2024. Despite the market potential, challenges include competition from Indonesia and Malaysia, unsynchronized bird nest farming in Vietnam, and regulatory hurdles. The Vietnam Bird's Nest Association stresses the need for legal recognition of bird's nest farms, official guidance on traceability, and centralized management of business codes. They advocate for government support in obtaining official codes for bird's nest houses to ensure stable raw material supply and compliance with environmental standards.

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Original content

Khanh Hoa Bird's Nest Beverage Joint Stock Company (Sanvinest, Khanh Hoa province) is one of the first units licensed by the General Department of Customs of China for official export and is also the first unit to export bird's nest. Vietnamese polenta through the Chinese market. Up to now, the company has exported 5 shipments of bird's nest juice and bird's nest to this market worth more than 6 billion VND. It is expected that in 2024, the company will export about 10 million USD of bird's nest products to the Chinese market. Ms. Trinh Thi Hong Van - Chairwoman of the Board of Directors of Sanvinest Company said that China is a potential market. However, partners need more time to build a distribution system to get better revenue results. According to the Vietnam Bird's Nest Association, from mid-late 2023 to the first half of 2024, domestically processed bird's nests will be officially exported to many countries. In Australia and the US, bird's nest users are mostly people of ...

Source: Danviet