French cold meat accelerates into Vietnam

Published 2022년 5월 6일

Tridge summary

The article highlights a notable increase in the export of European cold meat products to Vietnam, Singapore, and Thailand, with France being the ninth largest supplier in Vietnam's market. Despite the pandemic, exports grew by 5% to reach 258 million euros in the previous year. France is optimistic about market expansion, especially with the European-Vietnam Free Trade Agreement (EVFTA), which will progressively lower import taxes on cold meat to 0% in the next decade. To boost market penetration, the French government, in collaboration with the Association of French Cold Meat Businesses (FICT) and Business France Vietnam, is planning a campaign to 2024. The campaign will include advertising, promoting stores, and inviting Vietnamese buyers to France for factory visits. The article also mentions that Vietnam's pork imports have seen a steady increase from 33,000 tons in 2018 to 143,463 tons in 2021, despite a decrease in 2021 due to the pandemic's impact. The market for deli meats, including imports from Europe and other countries like the US, Russia, and South Korea, is experiencing a growth in demand.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The French Consulate in Ho Chi Minh City on the morning of May 6 said that despite the impact of the pandemic, the export turnover of European cold meat products to three Southeast Asian countries including Vietnam, Singapore and Thailand last year increased. 5%, reaching 258 million euros. "European cold cuts are increasingly consumed in restaurants as well as in Vietnamese homes," said Emmanuelle Pavillon-Grosser, Consul General of France in Ho Chi Minh City. Currently, France is the 9th largest supplier of imported cold cuts in Vietnam. However, the country is seeing an opportunity to expand its market share. "We hope that with the EVFTA, in the future, imports will grow more because within the next 10 years, the import tax on cold meat will gradually decrease to 0%," Ms. Emmanuelle said. With the support of the European Union, the Association of French Cold Meat Businesses (FICT) and Business France Vietnam are organizing a campaign until the end of 2024 to increase the ...
Source: VNExpress

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