Chili is a fruit that is frequently utilized in cuisine all over the world. Moreover, Chili is high in vitamin C, calcium, phosphorus, iron, and B vitamins, all of which are essential nutrients for human health.
In addition, chili also contains Capsaicin, a compound that assists in pain relief, digestion, and a variety of other medical uses.
Cinnamon is a spice that has a lot of medicinal and culinary use. It is said to be a mildly peppery herb with a hint of sweetness. Cinnamon has hyperthermia, thus it is rather hot when consumed. It is utilized for healing, spice processing, anti-inflammatory properties, and beauty.
In Oriental medicine, the bark of the stems and branches of cinnamon are commonly used to produce remedies for fever, stomach cold, diarrhea, hypoglycemia, and heart health. Because of its scent and heat, this therapeutic ingredient is also powdered and used to soak alcohol.
Cinnamon is currently one of the raw materials accounting for a significant proportion of Vietnam’s exports. Some countries, such as India, Pakistan, and Egypt, are particularly fond of this spice.
Ginger is well-known for its therapeutic benefits as well as as a culinary spice. Ginger plants thrive best in good humus soil and prefer hot, humid, shaded circumstances. Because it requires a considerable number of nutrients, several places in Vietnam are ideal for producing this plant due to appropriate soil and climatic conditions.
Ginger offers a lot of health benefits and is effective in treating a variety of ailments. It is also the medicine that is used as a raw material for natural remedies from cancer to colds. In Vietnam, ginger is exported in the form of frozen fresh ginger and dried ginger with high export value, successfully conquering the strict market in Europe for years.
Star Anise in Vietnam
In Vietnam, star anise was grown more than 100 years ago and it is presently grown mainly in the northern provinces, with an area of about 50,000 ha, concentrated in the provinces of Lang Son, Quang Ninh, and Cao Bang.
According to statistics of the World Spices Association, Vietnam is the world’s second-largest producer of spices, after only China.
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Analysts estimate that from the beginning of 2022 until the present, the global demand for pepper decreased by 40,000–50,000 tons due to the prolonged crisis in Ukraine, China's Zero COVID policy, and rising inflation. Meanwhile, many countries have reached peak harvest, while China's sluggish demand has put downward pressure on the pepper prices. 1. Production Currently, the...
According to the Import and Export Department (Ministry of Industry and Trade), Vietnamese cashew exports fell by 21% in volume and 23% in value in June compared to the same month in 2021, reaching 46.5 thousand tons for a total value of 285 million USD. In the first half of the year, Vietnam exported 249 thousand tons of cashews with a value of 1.5 billion USD, a 9%...
Vietnam's pepper harvest has basically ended with output decreasing by about 10% compared to 2021. However, pepper prices from the beginning of the year until now have tended to decrease due to coincide with Vietnam's peak harvest season and some other producing countries, so the supply is quite abundant, while exports to China face difficulties due to the border closure....