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  Trade

Viet Nam boosts tea exports to EU

Viet Nam has so far this year exported more than 5,000 tonnes of tea to the European Union, achieving a turnover of about 4.2 million USD or an 8.5 percent year-on-year rise.

However, Viet Nam's tea exports to the EU market accounted for only 2 percent of the market's demand, according to the Viet Nam Tea Association.

To increase tea exports to the EU market, Vietnamese businesses should study consumer demands, said an association official.

The Viet Nam Tea Association has asked the Government to issue the policy supporting Vietnamese tea exporters in seeking markets and partners in producing, trading, and building a network of tea consumption in EU countries through trade promotion programmes.

Viet Nam shipped abroad 65,000 tonnes of tea in the first eight months of this year, obtaining a total turnover of 61.5 milllion USD with about 10,000 tonnes in August alone.

According to the Ministry of Trade, tea products have taken a lead in economic growth with a growth rate of 88.4 percent in quantity and 75 percent in value among the country's exported agro-forestry and aquatic products.

The EU has long been considered a potential market for Vietnamese tea exporters in addition to their traditional markets like Russia, Japan, the US, and China.-Enditem

VNA - (21/09/2004)


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