Vietnam plans to enter the $10 trillion Halal market by 2027, developing legal frameworks and partnerships for international cooperation.

Vietnam aims to enter the lucrative Halal market, with the global Halal economy predicted to reach $10 trillion by 2027 due to the rising Muslim population. The Ministry of Industry and Trade will develop a supportive legal framework for international cooperation, partnerships with Indonesia, Malaysia, and the UAE, and encourage Vietnamese companies to pursue Halal certification and product development.