AhlulBayt News Agency

source : Edge Markets
Wednesday

22 December 2021

7:14:36 AM
1211080

Vietnam sees great potential in global Halal market

The Halal market is a huge market for Vietnamese businesses because currently Vietnamese Halal products do not account for a significant share, Vietnam News reported.

AhlulBayt News Agency (ABNA): The Halal market is a huge market for Vietnamese businesses because currently Vietnamese Halal products do not account for a significant share, Vietnam News reported.

Nguyễn Quốc Dũng, Deputy Minister of Foreign Affairs, made the statement at a conference "Halal market in Southeast Asia-South Asia-South Pacific: Potentials and opportunities" held on Monday by the Ministry of Foreign Affairs in co-ordination with the Ministry of Agriculture and Rural Development.

According to Dũng, the Southeast Asia - South Asia - South Pacific region is a potential market with 860 million Muslims and Halal consumers, accounting for 66 per cent of the total Muslim population in the world, Vietnam News reported.

Vietnam has many strengths and favourable conditions to effectively participate in the global Halal economy, including in the pillars of the food, tourism, textiles, pharmaceuticals and media.



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