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Friday, June 14, 2024

Pepper association warns of lost goods during export

The Saigon Times

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HCMC – The Vietnam Pepper Association and Spice Association (VPSA) has issued a warning about some members of the association losing substantial volumes of pepper during export.

According to importers, the quantity of goods they received is less than what was specified in the contract. However, the weight of container, including the goods inside, matches the documented weight at the port when it was unloaded.

Export companies suspected the loss could occur while containers were waiting for being shipped at the port.

The shortage of goods has affected the trust of international partners and customers in local logistics and maritime transport system and the reputation of exporting companies.

In addition, businesses have to spend more money enhancing security, insuring goods, and handling cargo losses.

VPSA requests businesses to report incidents to the agency, allowing them to have foundation to work with competent authorities.

Preliminary statistics of VPSA showed that in May 2024, Vietnam exported 31,357 tons of various types of pepper with export turnover reaching US$141 million.

The U.S. continued to be Vietnam’s largest pepper buyer last month, reaching 7,692 tons, a 2.4% increase against the previous month.

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