December 25, 2024 | 12:56 GMT +7
December 25, 2024 | 12:56 GMT +7
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Mr. To Manh Tien, Deputy Director of the Department of Agriculture and Rural Development of Lao Cai province said most of the businesses that are purchasing cinnamon in Lao Cai constructed factories in Yen Bai province. And the cinnamon products for exports have Geographical Indication of Yen Bai.
Therefore, the Department of Agriculture and Rural Development of Lao Cai province has suggested the province's leaders to direct the localities to focus on building the Lao Cai cinnamon brand. In which Tam Hoi Cooperative added Lao Cai GI on cartons of cinnamon flutes and split cinnamon for exports at price of VND 120,000/kg
Exported cinnamon products with Lao Cai GI clearly show the origin of the products, helping the international markets recognize the Lao Cai's cinnamon products and at the same time increasing export value.
Currently, the localities in Lao Cai also focus on developing organic cinnamon products to meet requirements of the demanding markets but accepting higher price such as US, Japan and EU.
Lao Cai has around 3,000 hectares of organic cinnamon certificated by Control Union Certifications. Thus, the export price increases by 10-15% per kilogram compared to the conventional products.
Translated by Mai Tham
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