Tea export value for this year would still increase, despite a disappointing first half, said the Ministry of Agriculture and Rural Development.
HA NOI –
The ministry said the export value of tea for this year was expected to increase year-on-year by 10 per cent to US$200 million, even though export volume was estimated to fall by 3-5 per cent to 120,000-130,000 tonnes, due to natural disasters.
Nguyen Van Thu, deputy chairman of the Viet Nam Tea Association, said the increase in value was due to higher export prices.
The increased prices were due to higher quality tea imports and better hygiene and safety, Thu said.
In first half of this year, export value fell 9.3 per cent in volume and 7.3 per cent in value, said the ministry. -VNS