Unispicevn
Vietnamese pepper prices are seen as subject to downward pressure currently as demand is weak ahead of the country's annual tet festival. Especially, in the near future time, the eu-vietnam free trade agreement (evfta) is expected to open up opportunities for vietnam's agricultural products as the import tax is sharply reduced to 0 - 5%. Even pepper — a commodity that vietnam has strength in the eu — has faced difficulties recently when the eu has warned about pesticide residues. Fighting between the two sides continued, with heavy foreign intervention, during the vietnam war, which ended with a north vietnamese victory in 1975. Last year exports of its main agricultural products were worth us$27 billion, or nearly 11 per cent of total exports. With commitments under ftas, import tariffs will be reduced or eliminated in various markets, creating favorable conditions for viet nam's exports,” he told a workshop held in hcm city on wednesday. For example, vietnam is on...