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French meat producers eye expansion in Vietnam

by 198 Vietnam News
May 9, 2022
in VIETNAM MANUFACTURE NEWS
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By Dy Tung  &nbspMay 7, 2022 | 01:41 am PT
French meat producers eye expansion in Vietnam

Pork merchandise at a Coopmart grocery store in Cong Quynh Avenue, District 1, HCMC, March 31, 2020. Photograph by VnExpress/Thanh Nguyen


Meat producers from France are searching for to develop their market share in Vietnam to make the most of the EU-Vietnam Free Commerce Settlement.

“Meat product exports to Vietnam are anticipated to develop sooner, as, for the subsequent 10 years, tariffs on these merchandise will step by step lower to zero p.c,” Emmanuelle Pavillon-Grosser, the French consul basic in HCMC, mentioned.

France is already the ninth largest meat exporter to Vietnam, however desires to additional improve its market share.

The commerce deal took impact in August 2020.

The French Affiliation of Butchers and Caterers and Enterprise French in Vietnam are working a marketing campaign to extend gross sales of meat merchandise with EU sponsorship.

It’s anticipated to go on till 2024, with actions similar to retailer promotion and alluring Vietnamese patrons to see the manufacturing course of in France.

Emilien Besnard of FICT mentioned the French meat business has greater than 450 merchandise, a few of them already well-liked in Vietnam.

In addition to the EU, Vietnam additionally imports meat from the US, Russia, South Korea, and others, principally being pork.

Pork imports rose from 33,000 tons in 2018 to 225,000 tons in 2020 earlier than slipping final 12 months to 143,463 tons because of the pandemic.



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