AsemconnectVietnam - On Tuesday, domestic pepper prices in Vietnam's Central Highlands remained unchanged at VND66,000 to VND69,000 per kg compared to Yesterday, according to Kinhtedothi.vn.

In Ba Ria-Vung Tau province, the maximum price for pepper stayed at VND69,000 per kg, while in Gia Lai province, the lowest price at VND66,000 per kg. Farmers in Binh Phuoc sold pepper for VND68,500 per kilogram, in Dong Nai province for VND67,000 per kilogram, and in Dak Lak and Dak Nong provinces for VND67,500 per kilogram.
Vietnamese pepper is now one of the key export products to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) market.
Hoàng Thị Liên, VPSA chairwoman, said that Vietnamese pepper is now one of the key export products to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) market.
However, the quantity of pepper exported from Việt Nam to some countries in this bloc is still low, such as Australia, Japan, and New Zealand. These markets have high consumer demand for pepper and also have very strict requirements for imports. Canada imports pepper directly from Việt Nam, but in modest quantities.
Meanwhile, Vietnamese pepper has advantages in Australia and New Zealand.
Therefore, Việt Nam's pepper industry is striving to build a brand for pepper products to enter the world market, including the CPTPP market, according to Liên.
To build the brand, exporters and processors need to work directly with farmers in raw material growing areas, so they can manage production from the first step and ensure requirements on quality are met. Quality, sustainability, and traceability are necessary conditions, Liên said.
Customers are often willing to become long-term partners with Việt Nam's pepper and spice suppliers if they see that producers, processors, and exporters have formed a linkage. This makes the supply chain sustainable, she said.
Now, a common trend among buyers worldwide is to trace goods from the beginning of the production stage, especially large traders.
Sustainability and branding will have to be associated with proactive sourcing of goods. Thus, businesses must cooperate with farmers who will be sustainable partners in the supply chain of export commodities, including pepper.
Following are domestic pepper prices on October 31, 2023, in the main pepper growing and consumption regions:

T.Huong
Source: Vitic/Kinhtedothi