AsemconnectVietnam - On Wednesday, domestic pepper prices in Vietnam's Central Highlands rose by 1500 VND to VND81,500 to VND85,000 per kg compared to Yesterday, according to Kinhtedothi.vn.

On Wednesday, domestic pepper prices in Vietnam's Central Highlands rose by 1500 VND to VND81,500 to VND85,000 per kg compared to Yesterday, according to Kinhtedothi.vn.
In Ba Ria-Vung Tau province, the maximum price for pepper rose to VND82,500 per kg, while in Gia Lai province, the lowest price to VND81,500 per kg. Farmers in Binh Phuoc sold pepper for VND85,000 per kilogram, in Dong Nai province for VND82,000 per kilogram, and in Dak Lak and Dak Nong provinces for VND84,500 per kilogram.
Binh Phuoc province is one of the localities with large pepper growing areas in the country, concentrated in districts as Bu Dop, Loc Ninh, Bu Gia Map, Hon Quan...
According to statistics, in 2023, the whole province will have about 13,550 hectares of pepper, down 314 hectares compared to the previous year. Over the years, like other localities, pepper plants have fallen into price storms and disease storms, causing hundreds of Binh Phuoc farmers to fall into hardship and even go bankrupt.
An event was held in the Central Highlands province of Dak Lak on November 20 to review a project on promoting sustainable production and trade of Vietnamese pepper.
The event was co-hosted by the Sustainable Trade Initiative (IDH), the European Union (EU) Delegation to Vietnam, the Ministry of Agriculture and Rural Development’s Plant Protection Department and the Vietnam Pepper Association.
In her opening statement, Director of the IDH Vietnam Programme Phan Thi Van said the Central Highlands accounts for around 60% of the country's pepper cultivation area with over 70,000 ha. In recent years, the Vietnamese pepper industry has struggled with global competitiveness in terms of quality and prices, impacting the livelihoods of local pepper farmers. It is attributable to the improper use of agricultural chemicals, unsustainable farming practices, and a lack of updates on trends and new market requirements.
Funded by the EU and the IDH, the project is carried out from 2021-2023 in the provinces of Dak Lak, Dak Nong and Gia Lai in order to help Vietnam reap the benefits of bilateral trade commitments and boost the export of quality products and services to the EU.
Following are domestic pepper prices on December 27, 2023, in the main pepper growing and consumption regions:

T.Huong
Source: Vitic/Kinhtedothi