A seminar on Vietnam–Singapore Halal trade has been held recently in a hybrid format, aiming to highlight Vietnam’s potential and attract foreign investment in Halal-related industries.

VOV.VN - Despite holding huge potential to access the US$2 trillion global Halal food market, Vietnam has yet to fully meet global Halal food demand, while currently satisfying less than 10%, but plans are underway to enhance its role in this fast-growing industry.

VOV.VN - Expanding the export of Halal products to Indonesia offers big opportunities for Vietnamese companies while demanding strict compliance with quality and certification standards.

With the US imposing reciprocal tariffs on exports, many Vietnamese firms are pivoting to the burgeoning global Halal market to diversify their revenue streams and boost export growth.

To tap into the growing Halal market, Vietnam must develop a Halal product ecosystem meeting quality and certification standards, according to experts.

Vietnam recently showcased its certified halal products at the Melaka Halal Festival 2024 in Malaysia, a move to expand its presence in the global halal market.

Vietnam’s agro-forestry-aquatic product exports are projected to surpass US$62 billion this year, with a record trade surplus of US$18.6 billion, marking a new milestone for the sector.

The United Arab Emirates (UAE) remains a vital market and partner for Vietnam in the Middle East, Vietnamese Ambassador to the UAE Nguyen Thanh Diep has told the Vietnam News Agency (VNA)'s reporter in the Middle East and North Africa.

Vietnamese enterprises have signed three memoranda of understanding (MoU) with Malaysian exporters and distributors on cooperation in the Halal industry at the 20th Malaysia International Halal Showcase (MIHAS).

Visakan Investment and Biotechnology Development Joint Stock Company (Visakan) on May 2 held a ceremony in the northern province of Bac Ninh to mark its first shipment of veterinary medicine valued at over US$200,000 to Indonesia - a Halal market.