Viet Nam Tea Export to Reach US$110 Million in Late 2006

Viet Nam is expected to reap US$110 million from tea export this year, up 10 percent from last year, says the Viet Nam Tea Association.

Viet Nam now is home to 15 kinds of tea, six of which have been introduced to international markets.

Viet Nam is increasing its tea export to some potential markets, including the United States, China, Russia and Taiwan.

The project to increase mechanization of production processes and tea quality for the 2006-10 period, totalled over VND421 billion of investment capital, has been launched to boost production.

Accordingly, Viet Nam will have 120,000 hectares of tea with the output of 200,000 tons, including 100,000 tons of black tea and 60,000 tons of green tea.

Some tea manufacturers will be privatized to improve the competitiveness of businesses.

By DL - Translated by Van Hanh

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