VIETNAM BUSINESS NEWS APRIL 22
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22/04/2021
12:47
GMT+7
Vietnamese firms have chance to reach out to Halal market
Global demand for Halal product is increasing. (Photo: halalvietnam.vn)
Vietnamese food processors have opportunities to tap into the billion-USD Halal market when attending a hybrid exhibition on Halal products and processed food scheduled in late May in Singapore.
The Food and Agriculture Organisation of the United Nations (FAO) in Vietnam estimated that the Halal market is growing rapidly, with Muslim consumers worldwide spending 1.4 trillion USD on Halal food, and the figure expected to be ten times higher in 2050.