Veggie, fruit exports to China enjoy double-digit growth rate
Vietnamese durian exported to China (Photo: VNA)
Vietnam’s turnover of vegetable and fruit exports to China has seen double-digit growth since the beginning of the year, maintaining China's position as the largest importer of these products.Talking to the media on the occasion of the recent 20th China-ASEAN Expo (CAEXPO) and China-ASEAN Business and Investment Summit (CABIS) in Nanning city, China's Guangxi province, Deputy Minister of Agriculture and Rural Development Phung Duc Tien said Vietnam will continue to negotiate with China on protocols for imports and exports, especially watermelon, frozen durian, chili, medicinal herbs and citrus fruits.
If these issues are taken care of, bilateral trade will be favourable and the exponential growth rate will continue, stated Tien.
Trucks carrying Vietnamese fruits to China (Photo: VNA)
According to the Ministry of Agriculture and Rural Development, Vietnam earned 3.45 billion USD from exporting vegetables and fruits in the first eight months of 2023, up 57.5% year-on-year.Currently, China remains Vietnam’s biggest veggie and fruit importer, accounting for 65% of the revenue.
General Director of Chanh Thu Fruit Export - Import Group Joint Stock Company Ngo Tuong Vy said that although China has tightend control over technical barriers and food safety and hygiene, Vietnamese fruits, with increasingly high quality and competitive prices, are favoured by Chinese consumers.
According to the Vietnam Fruit and Vegetable Association, durian and jackfruit are tropical fruits that can only be grown in low quality in China, so the potential for these fruits from Vietnam to enter this market is massive.
According to the Vietnam Institute of Strategy and Policy for Industry and Trade, to better exploit the Chinese market, localities and exporters need to build product brands and export via official channels, to ensure the quality and avoid unnecessary risks. Localities and enterprises should also increase the application of production models in accordance with VietGAP and GlobalGAP standards to fully meet China's increasingly strict quarantine regulations.
The Ministry of Agriculture and Rural Development forecast that if the current growth pace is maintained, the country's fruit and vegetable export turnover will reach the 5 billion USD this year, two years ahead of the schedule./.
Related News
Latest News
Five commodities worth billion dollar exported to China
07:40 | 17/05/2024 Import-Export
Promoting reforms and supporting businesses to spread farther
07:39 | 17/05/2024 Import-Export
Five groups of billion-dollar export commodities to China
09:58 | 16/05/2024 Import-Export
Footwear faces concerns about new regulations in export markets
14:39 | 15/05/2024 Import-Export
More News
Vietnamese businesses struggle to get green credit
14:27 | 15/05/2024 Import-Export
Opportunities for Vietnam to participate in the global semiconductor industry value chain
11:34 | 15/05/2024 Import-Export
"Improving quality, increasing quantity" of human resources in the semiconductor industry
11:31 | 15/05/2024 Import-Export
Output simultaneously increased, many ports reported profits
14:47 | 14/05/2024 Import-Export
The Việt Nam Import-Export Report to be released Thursday
14:45 | 14/05/2024 Import-Export
Banks raise interest rates to attract depositors
14:44 | 14/05/2024 Import-Export
The fruit and vegetable industry has plenty of room for export in the five largest markets
13:55 | 14/05/2024 Import-Export
Desk established in Dong Nai to support Japanese investors
17:04 | 13/05/2024 Import-Export
Fishery enterprises prioritize exporting value-added processed products
13:30 | 13/05/2024 Import-Export
Your care
Five commodities worth billion dollar exported to China
07:40 | 17/05/2024 Import-Export
Promoting reforms and supporting businesses to spread farther
07:39 | 17/05/2024 Import-Export
Five groups of billion-dollar export commodities to China
09:58 | 16/05/2024 Import-Export
Footwear faces concerns about new regulations in export markets
14:39 | 15/05/2024 Import-Export
Vietnamese businesses struggle to get green credit
14:27 | 15/05/2024 Import-Export