Vietnamese bird's nests see opportunities to enter Chinese market

Published 2023년 5월 23일

Tridge summary

Vietnam is set to export bird's nests to the Chinese market, following a protocol with China on quarantine, inspection, and veterinary hygiene. This move is anticipated to increase the value of the product, currently one of the most expensive foods in the world. However, to succeed, Vietnamese bird's nest industry players must connect with cooperatives and companies for international certifications and diversify their products. Despite challenges like inflation and public debt, the reopening of China's market is seen as beneficial to Laos, with over 3 million tonnes of agricultural products exported to China, Thailand, and Vietnam this year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

ABO/NDO- Vietnamese bird's nests see great potential for export to Chinese market as people in China and Chinese communities in other countries across the world spend about 5 billion USD on bird's nests and products made from them. The Ministry of Agriculture and Rural Development and the General Administration of Customs of China signed a protocol on requirements for quarantine, inspection and veterinary hygiene for bird's nests of Vietnam to be exported to China. The protocol, which took effect in November last year, is said to be a condition for Vietnamese bird's nests to conquer the Chinese market after Malaysia, Indonesia, and Thai. In Central Highland provinces, swiftlet farms have registered for production area codes and completing documents in line with the protocol. Authorities also support enterprises in registering for exporting bird's nests to China. Nguyen Dung, Vice President of the Vietnam Farms and Agricultural Enterprises Association, said that China opening door ...
Source: Baoapbac

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.