Pepper price today in the country
Pepper price in the Central Highlands
In Dak Lak, pepper price is 139,500 VND/kg, a sharp increase of 1,500 VND/kg compared to yesterday.
In Gia Lai, pepper price is 139,000 VND/kg, an increase of 2,000 VND/kg compared to yesterday.
In Lam Dong province (formerly merged Dak Nong ), pepper price is at 140,000 VND/kg, an increase of 2,000 VND/kg compared to yesterday.
Pepper price in Southeast region
In Ho Chi Minh City (formerly Ba Ria - Vung Tau merged), pepper price today is at 139,000 VND/kg, an increase of 1,000 VND/kg compared to yesterday.
In Dong Nai (formerly merged Binh Phuoc), pepper price today is at 139,000 VND/kg, an increase of 1,000 VND/kg compared to yesterday.
Thus, today's pepper price, August 1, 2025, recorded a continued strong increase in pepper prices; currently the price is at 139,000 - 140,000 VND/kg.
The Vietnamese pepper industry produces about 200,000 tons/year, of which 95% (190,000 tons) are exported. Only 2.5% (5,000 tons) of domestic consumption is subject to VAT, the rest is exempt from tax and businesses are refunded.
Although export turnover reached 1.3 billion USD (equivalent to 65 million USD with 5% VAT), in reality, only 1.625 million USD was collected domestically, and more than 63 million USD had to be returned to businesses.
The situation is similar for other spices. In 2024, more than 400,000 tons of spices were exported, but only 10,000 tons were consumed domestically, contributing about VND55 billion in VAT. Meanwhile, the amount of tax to be refunded was up to VND2,135 billion.
VPSA warns that the current tax refund mechanism creates loopholes for fraud, causing damage to legitimate businesses and affecting tax transparency. Many businesses are concerned that this problem will continue when the new VAT Law takes effect from July 1, 2025.
For sustainable development, VPSA recommends:
Apply 0% VAT to input materials used for export.
Eliminate the export tax refund mechanism because it is costly and affects business capital flow.
Consider a 0.5% export tax so that the State can collect taxes immediately, helping businesses proactively manage capital.
Maintain 5% VAT on domestically consumed raw materials.
Proposal to postpone the application of the new VAT Law after July 1, 2025.
The profit margin for pepper exports is only 1-3%, while competition from Indonesia, India, and Brazil is increasingly fierce. If the complicated tax refund mechanism continues, the pepper industry will find it difficult to develop sustainably.
Pepper price today in world market
Today's pepper prices in the world market updated by the International Pepper Community (IPC) show mixed market fluctuations. Specifically as follows:
Indonesia's Lampung black pepper price is currently at 7,078 USD/ton, down 0.44%; Muntok white pepper price is recorded at 9,894 USD/ton, down 0.43%.
In the Brazilian market, the purchase price of ASTA 570 black pepper is at 6,000 USD/ton.
In Malaysia, ASTA black pepper price is still at 8,900 USD/ton; Malaysian ASTA white pepper price is at 11,750 USD/ton.
In Vietnam, the price of 500 g/l black pepper is currently at 6,140 USD/ton and 550 g/l is currently at 6,270 USD/ton; the price of white pepper is currently at 8,850 USD/ton.
Source: https://baonghean.vn/gia-tieu-hom-nay-1-8-2025-tang-manh-len-140-000-dong-kg-10303611.html
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