Shafaqna English | International Shia News & Fatwas
BusinessFeatured 2Other News

Vietnam Eyes Lucrative Halal Market Amid USA’s Trade Pressures

Shafaqna English- Facing rising USA’s tariffs, Vietnamese businesses are increasingly turning to the global Halal market as a strategic move to diversify exports and tap into a fast-growing consumer segment, according to Vietnam Plus.

As the United States enforces reciprocal tariffs on Vietnamese goods, many exporters are seeking alternative markets to sustain growth. Among the most promising is the Halal market, valued at trillions globally and expanding rapidly in Muslim-majority regions.

Vietnamese firms are investing in Halal certification and product development to meet demand, supported by government efforts to improve regulatory frameworks and international collaboration. The shift not only offers economic resilience but also enhances Vietnam’s profile in high-value global supply chains.

Source: Vietnam Plus

www.shafaqna.com

Related posts

Yanchi targets Middle East halal market

parniani

Nigeria eyes $7 trillion global halal economy

parniani

Uganda moves to tap into the growing global halal economy

parniani

Durian, dream of wealth for Vietnamese farmers

asadian

GM revitalizes Canada’s automotive sector

asadian

Malaysia-Vietnam explore deeper halal supply chain cooperation

parniani

Leave a Comment