Vietnam is one of the world’s 15 leading agricultural exporters.
The country’s agro-forestry-fishery products have reached 196 countries and territories, including many Halal markets. Vietnam has a geographical advantage as 62% of the world’s Muslim population lives in Asia.
Since many Vietnamese agro-products have met food safety and Halal standards, they’ve become popular among Muslim customers.
These markets will continue to hold a lot of potential for Vietnamese products. The demand for Halal products is forecast to increase strongly due to the growth of the Muslim population, which is expected to account for 30% of the world’s population by 2050.
Spending on Halal products is forecast to reach 1.9 trillion USD by 2024 and even rise eightfold to 15 trillion USD by 2050.
VTV
For more information, please contact Vietnam Trade Office in Singapore at [email protected]
