Vietnam eyes stronger foothold in global Halal supply chain
Hanoi, Nov. 1 -- To effectively tap into the multi-trillion-dollar global Halal food market, Vietnamese enterprises must overcome hurdles regarding certification, raw material sourcing, and supply chain organisation while meeting specific technical standards required by each importing nation. Unlocking multi-trillion-dollar opportunities India-based Zion Market Research reported that the global Halal food market was valued at over 2.3 trillion USD in 2022 and is projected to surpass 4 trillion USD by 2030, growing at a compound annual rate of 7.7%. Le Anh Ngoc, head of the quality and conformity assessment division under the National Authority for Agro-Forestry-Fishery Quality, Processing and Market Development (NAFIQPM) at the Ministry o...
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