Vietnam sees feasible US$3 billion export of fruits, vegetables

Vietnam vegetables and fruits by mid July continued to enjoy a rosy export growth boding well for the export revenue of 3 billion USD for the whole year as forecast
vietnam sees feasible us 3 billion export of fruits vegetables

Latest statistics from the General Department of Vietnam Customs showed that the country pocketed nearly US$1.85 billion from vegetable and fruit export from the beginning of this year to July 15, surging by 45% from the same time last year.

In addition, consumers’ demand for Vietnamese vegetables and fruits will be higher during the Christmas and New Year holidays, auguring well for the country’s export revenue goal.

Vietnamese vegetables and fruits have been present in 60 markets globally. China, Japan, the Republic of Korea (RoK) and the US were four leading importers, accounting for 85% of total vegetable and fruit export value.

Shipments to traditional markets witnessed good expansion, including Japan (56%), China (50%), the US (23%), the RoK (15%) and Thailand (12%). Meanwhile, substantial growth was seen in Hong Kong (102%), the United Arab Emirates (81%), Laos (78.6%) and Russia (54.6%).

However, export revenue suffered stark decline in Cambodia (81.8%), Indonesia (53%) and the UK (42%).

Dragon fruit ranked first in export value, accounting for 50% of the total fruit export revenue. Binh Thuan province, the country’s largest dragon fruit exporter, has paid heed to developing VietGAP dragon fruit cultivation.

Nearly 7,700 hectares of land were zoned off for growing dragon fruit in line with VietGAP standards for exports to fastidious markets like the US and the EU.

Mangos, litchis and longans are also Vietnam’s strategic staples.

The Plant Protection Department under the Ministry of Agriculture and Rural Development is making a beeline for bringing litchis to Japan. It will continue negotiations and complete procedures to ship longans to Australia and New Zealand.

As the largest litchi growing area, Bac Giang province has exported 15,000 tonnes of litchis to China through three border gates of Lang Son, Lao Cai and Ha Giang. Another 13 tonnes have just been shipped to Australia while a batch of litchis has entered Thailand, opening big opportunities for the Vietnamese fruit.

The first batch of 3.5 tonnes of mangoes from northern Son La province underwent irradiation treatment for shipment to Australia. The mangoes, weighing 450-650 grammes each, were purchased by Agricare Vietnam Co., Ltd. at the price of VND22,000 (US$0.9) per kilogramme.

According to Lo Minh Hung, Vice Chairman of the provincial People’s Committee, the province has a plan to develop fruit tree cultivation, especially mangoes. Currently, it has some 4,000 hectares of mangoes with total productivity of over 3,000 tonnes.

By 2030, 100,000 hectares will be used to grow fruit trees, half of which will be set aside for mango plantation, he added.

Le Son Ha from the Plant Protection Department said that mango export to Australia will pave the way for the fruit to enter many new markets. The US, the EU, Japan, the RoK and Australia are prioritised markets for trade promotion, he stressed.

Source: VNA

Related News

Vietnam is ready to welcome a new wave of investment in the semiconductor industry

Vietnam is ready to welcome a new wave of investment in the semiconductor industry

VCN - Deputy Minister of Planning and Investment Tran Duy Dong (Photo) gave an interview to Customs Magazine about Vietnam's preparations to attract FDI into the semiconductor industry.
Opportunities for Vietnam to participate in the global semiconductor industry value chain

Opportunities for Vietnam to participate in the global semiconductor industry value chain

VCN - The global chip race is heating up, and Vietnam has a unique opportunity to assert itself as one of the participants in the semiconductor industry value chain.
Ho Chi Minh City: Enterprises overcome difficulties, exports lead the country

Ho Chi Minh City: Enterprises overcome difficulties, exports lead the country

VCN - HCM City led the nation in exports. In order to get this result, in addition to the market's recovery signal, there are also the efforts of businesses to overcome difficulties.
What to do to develop Vietnam

What to do to develop Vietnam's creative economy?

VCN - According to MSc. Nguyen Anh Duong (photo), Director of the Department for General Economic Issues and Integration Studies under the Central Institute for Economic Management (CIEM), to develop the creative economy in Vietnam, it is necessary to first improve the institutional framework and policies to create a legal framework suitable for the development of the creative economy, creative industries and culture, and creative cultural markets.

Latest News

Footwear faces concerns about new regulations in export markets

Footwear faces concerns about new regulations in export markets

VCN - Despite growth in the first months of 2024, the leather and footwear industry is facing new regulations in export markets related to supply chain traceability.
Vietnamese businesses struggle to get green credit

Vietnamese businesses struggle to get green credit

Companies are still struggling to get “green” credit since they lack a green taxonomy and fail to understand policies and mechanisms, experts told the Global Climate Partnership Workshop in HCM City on May 13.
"Improving quality, increasing quantity" of human resources in the semiconductor industry

"Improving quality, increasing quantity" of human resources in the semiconductor industry

VCN - Customs Magazine reporter interviewed Associate Professor, Dr. Nguyen Thu Thuy, Director of the Department of Higher Education (Ministry of Education and Training).
Output simultaneously increased, many ports reported profits

Output simultaneously increased, many ports reported profits

VCN - Import-export activities recovered strongly, bringing significant growth in the amount of goods exploited at ports in the first quarter of 2024, thereby recording impressive business results in both revenue and profit.

More News

The Việt Nam Import-Export Report to be released Thursday

The Việt Nam Import-Export Report to be released Thursday

The annual trade publication by the MoIT gives an overview of the import-export picture for the whole year
Banks raise interest rates to attract depositors

Banks raise interest rates to attract depositors

Many banks have adjusted up savings interest rates by 0.2-0.3 percentage point per year since early this months to lure depositors in the context that the savings amount at the banking system has declined for the first time after 25 consecutive month increase.
The fruit and vegetable industry has plenty of room for export in the five largest markets

The fruit and vegetable industry has plenty of room for export in the five largest markets

VCN - Vegetables and fruits are products with great potential for export, because import demand in the world market is always high. Although it is a key export product, the market share of Vietnamese vegetables and fruits still accounts for a small proportion in the world's five largest markets.
Desk established in Dong Nai to support Japanese investors

Desk established in Dong Nai to support Japanese investors

Dong Nai province, an industrial hub in the southern region, has set up the Japan Desk at the headquarters of the Dong Nai Industrial Zones Authority to assist Japanese investors operating here.
Fishery enterprises prioritize exporting value-added processed products

Fishery enterprises prioritize exporting value-added processed products

VCN - Market fluctuations in recent years have shown that choosing a business strategy for value-added processed products is more suitable for Vietnam's fishery enterprises.
New trends in digital transformation for businesses

New trends in digital transformation for businesses

VCN - Given the rapid and substantial changes in technology, finding suitable solutions and keeping up with trends is a critical issue for businesses.
India as main market for Vietnamese star anise exports

India as main market for Vietnamese star anise exports

Việt Nam has an anise growing area of about 40,000 hectares, mainly in Lạng Sơn and Cao Bằng, with an annual output of more than 16,000 tonnes.
Domestic auto market shows signs of recovery

Domestic auto market shows signs of recovery

Cautious optimism as Việt Nam’s car market shows tentative signs of growth, which is expected to improve even more with new government policies to support the sector.
Businesses must fully understand the new EU import control regulations

Businesses must fully understand the new EU import control regulations

VCN - According to the European Union (EU) regulations, from June 2024, all businesses related to goods exported from Vietnam to the EU must declare data before the goods arrive in the Import Control System (ICS2). If Vietnamese businesses are not aware of these regulations, they may face serious consequences.
Read More

Your care

Latest Most read
Footwear faces concerns about new regulations in export markets

Footwear faces concerns about new regulations in export markets

VCN - The leather and footwear industry is one of the key export industries that the Government pays special attention to and creates favorable conditions for development.
Vietnamese businesses struggle to get green credit

Vietnamese businesses struggle to get green credit

Companies are still struggling to get “green” credit since they lack a green taxonomy and fail to understand policies and mechanisms, experts told the Global Climate Partnership Workshop in HCM City on May 13.
Opportunities for Vietnam to participate in the global semiconductor industry value chain

Opportunities for Vietnam to participate in the global semiconductor industry value chain

The global chip race is heating up, and Vietnam has a unique opportunity to assert itself as one of the participants in the semiconductor industry value chain.
"Improving quality, increasing quantity" of human resources in the semiconductor industry

"Improving quality, increasing quantity" of human resources in the semiconductor industry

VCN - Customs Magazine reporter interviewed Associate Professor, Dr. Nguyen Thu Thuy, Director of the Department of Higher Education (Ministry of Education and Training).
Output simultaneously increased, many ports reported profits

Output simultaneously increased, many ports reported profits

VCN - Data from the General Statistics Office shows that the import and export situation of goods has improved positively in the first quarter of 2024 with total import and export turnover reaching 178.04 billion USD, an increase of 15.5% over the same pe
Mobile Version