Vietnamese fruits conquering US market

The first batch of fresh lychee has arrived in the US, opening up big opportunities for the specialty and other Vietnamese fruits to conquer the demanding market.

Vietnamese fruits conquering US market hinh anh 1

There is ample room for Vietnamese fruits in the US market. (Photo: nhandan.com)

The first batch of fresh lychee has arrived in the US, opening up big opportunities for the specialty and other Vietnamese fruits to conquer the demanding market.

Thanks to coordination between importer LNS International Corporation and the distributor L&V Food Supply Company in Houston, Texas, fresh lychee grown in the northern province of Bac Giang – dubbed Vietnam’s kingdom of the fruit, has been available on the shelves of many supermarkets and the largest Asian market in Houston.

Chinh Nguyen, CEO of L&V Food Supply, said her group and LNS International Corporation are working on a plan to import big shipments of Vietnamese food and fruits to the US this year.

"After three shipments of fresh lychees (approximately 9 tonnes) to the US in June, we plan to import frozen lychee (about 2 containers per month, equivalent to about 30 tonnes)," she said.

"If Vietnamese suppliers can ensure enough standard products, we will import an additional three shipments (80-90 tonnes) this year.”

The success demonstrates the efforts by Vietnamese ministries and agencies, including the Ministry of Industry and Trade, in trade promotion to deliver Vietnamese agricultural products to demanding markets such as the US and the European Union.

Vietnamese fruits conquering US market hinh anh 2

Vietnamese agricultural products and lychee still encounter obstacles in accessing the market due to the far geographical distance, and high irradiation and transportation costs.(Photo: nhandan.com)

According to the Ministry of Agriculture and Rural Development, among Vietnamese agro-forestry-fishery products, the US has purchased cashew nuts, aquatic products, wood and fruits most. Seven types of Vietnamese fruits have been shipped to the US so far, namely dragon fruit, rambutan, longan, lychee, star apple, mango, and pomelo.

The US Department of Agriculture forecast that the US will import up to 199 billion USD worth of agricultural products this year, 5 billion USD higher than last year’s figure, which offers an opportunity for Vietnamese agro-forestry-fishery exports.

Last year, the US’s fruit-vegetable import reached a record high of over 31 billion USD, including 19.3 billion USD of fresh and frozen fruits, an increase of 10% compared to 2021. The majority of these imports came from Canada, Mexico, and some countries in Central and South America.

Apart from Vietnam, the US also imported lychee from China, India and Thailand. Vietnam’s Bac Giang lychee has been favoured by local consumers for its quality.

Vietnamese Trade Counsellor in the US Do Ngoc Hung pointed out that there is ample room for Vietnamese fruits in the US market.

However, Vietnamese agricultural products and lychee still encounter obstacles in accessing the market due to the far geographical distance, and high irradiation and transportation costs.

The Vietnamese trade office in Houston suggested relevant associations and businesses of Vietnam and the US exchange information and work together to support export-import activities.

In particular, businesses should make long-term commitments to ensuring good coordination among exporters, importers, and distributors for large shipments, exchange market information and share responsibility and risks with partners, thus creating a healthy competitive environment, Hung said.

He also suggested intensifying product promotion to introduce Vietnamese fruits to other communities in the US apart from Asian consumers./.

Source: VNA
en.vietnamplus.vn

Related News

Top 50 US businesses arrive in Vietnam for  the country’s attractive  investment environment

Top 50 US businesses arrive in Vietnam for the country’s attractive investment environment

VCN – Many sectors in Vietnam are increasingly attract the attention of US businesses, including healthcare, energy, elecommunications, restaurants, and hotels. Vietnam has expanded investment to the US in sectors such as electric vehicles, creating thousands of jobs, in line with the goal of developing renewable energy between the two countries, said by Ms. Sarah Morgenthau, Special Representative for Trade and Business, US Department of State.
Exports: Looking back and moving forward – Part 2: Agricultural products win big -  pillar of exports in 2023

Exports: Looking back and moving forward – Part 2: Agricultural products win big - pillar of exports in 2023

VCN -The year 2023 closed with full of difficulties and challenges due to the consequences of the Covid-19 pandemic and economic recession. In contrast to the gloomy export picture of many industries, agricultural exports continuously "speeded up" and recorded many new records in both value and turnover.
The opportunities for businesses to exploit the US market

The opportunities for businesses to exploit the US market

VCN - With 17 signed bilateral and multilateral Free Trade Agreements, it is forecast that Vietnam will become an important destination for foreign investment flows, including from the United States. Regarding trade, the United States continues to remain the number one and most important importer of Vietnam.
Wide door opened for export Startups to the US market

Wide door opened for export Startups to the US market

VCN - A large number of Vietnamese diaspora, especially in the US, clears the path for Vietnamese enterprises to increase exports in this market, especially Vietnamese cuisine.

Latest News

Enterprises want clearer regulations on seafood production

Enterprises want clearer regulations on seafood production

There is a lack of consistency among existing legal documents on seafood production, making it difficult for enterprises to comply.
Vietnam ranks fifth among aquatic product suppliers for Singapore

Vietnam ranks fifth among aquatic product suppliers for Singapore

Vietnam jumped one place to become the fifth largest exporter of aquatic products to Singapore for the first time in the first quarter of this year, according to its Trade Office in the city state.
Forum seeks to increase PPP investment effectiveness

Forum seeks to increase PPP investment effectiveness

Investment cooperation in the public-private partnership (PPP) form is seen as a strategic option to mobilise private investment and improve public service delivery. However, the implementation of PPP projects in Vietnam still faces a lot of difficulties and obstacles, leading to a low number of successful projects and making the private economic sector cautious.
Linking businesses with cooperatives to increase the value chain

Linking businesses with cooperatives to increase the value chain

VCN - The issue of linking the value chain between domestic production units still has many "bottlenecks" that need to be resolved. In particular, solving the "problem" of linking businesses with cooperatives will help improve efficiency as well as meet the requirements of collective economic development.

More News

Vietnam has a trade deficit of over US$17 billion with China

Vietnam has a trade deficit of over US$17 billion with China

VCN – In the first quarter 2024, Vietnam-China trade reached US$43.6 billion. The country had a large trade deficit.
Tra fish export to UAE jumps 67% in Q1

Tra fish export to UAE jumps 67% in Q1

Vietnam’s tra fish export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year, statistics of the General Department of Customs showed.
Pepper prices continue increase trend

Pepper prices continue increase trend

Pepper prices are forecast to soon exceed 100,000 VND per kilo on the domestic market.
More efforts needed to maintain export growth to China: Insiders

More efforts needed to maintain export growth to China: Insiders

Exporters should further strengthen trade connections and improve the quality of their goods to sustain export growth to China as this is no longer a "lenient" market, said insiders.
It is expected that there are higher orders and revenue in the second quarter from European businesses

It is expected that there are higher orders and revenue in the second quarter from European businesses

VCN - The Business Confidence Index (BCI) according to a survey by the European Business Association in Vietnam (EuroCham) reached 52.8 in the first quarter of 2024 - the highest level since 2022, showing increasing confidence in Vietnam's European business community.
Vietnamese rice prices on the hike

Vietnamese rice prices on the hike

The prices of Vietnamese paddy and rice continued to increase last week, according to the the Vietnam Food Association (VFA).
FDI flow into garment and textile sector bounces back

FDI flow into garment and textile sector bounces back

The flow of foreign direct investment (FDI) into the Vietnamese garment and textile sector has rebounded thanks to the country’s sound investment climate and abundant workforce as well as its open economy, according to insiders.
Investors play a key role in developing the industrial park system

Investors play a key role in developing the industrial park system

VCN - Dr. Phan Huu Thang, Chairman of the Executive Committee of the Vietnam Industrial Park Finance Association, former Director of the Foreign Investment Department (Ministry of Planning and Investment), said that basically, developing an industrial park successfully or not mainly depends on businesses, entrepreneurs - industrial park investors.
Find ways to a corporation for businesses in industrial parks

Find ways to a corporation for businesses in industrial parks

VCN - The country has nearly 300 industrial parks in operation, but with the requirement to join the global value chain, the issue of linkage and connection between businesses in industrial parks and industrial clusters needs to be concentrated on more.
Read More

Your care

Latest Most read
Enterprises want clearer regulations on seafood production

Enterprises want clearer regulations on seafood production

There is a lack of consistency among existing legal documents on seafood production, making it difficult for enterprises to comply.
Vietnam ranks fifth among aquatic product suppliers for Singapore

Vietnam ranks fifth among aquatic product suppliers for Singapore

Vietnam jumped one place to become the fifth largest exporter of aquatic products to Singapore for the first time in the first quarter of this year, according to its Trade Office in the city state.
Forum seeks to increase PPP investment effectiveness

Forum seeks to increase PPP investment effectiveness

Investment cooperation in the public-private partnership (PPP) form is seen as a strategic option to mobilise private investment and improve public service delivery. However, the implementation of PPP projects in Vietnam still faces a lot of difficulties and obstacles, leading to a low number of successful projects and making the private economic sector cautious.
Linking businesses with cooperatives to increase the value chain

Linking businesses with cooperatives to increase the value chain

VCN - According to experts, in value chain links, agricultural cooperatives both play a role in promoting links between farmer households through collective economic activities to organize production and promote vertical linkages with businesses along the
Vietnam has a trade deficit of over US$17 billion with China

Vietnam has a trade deficit of over US$17 billion with China

VCN - According to the latest statistics of the General Department of Customs, the import-export turnover between Vietnam and China in March reached US$ 16.32 billion, including Vietnam's exports achieved US$5.15 billion, imports reached US$11.17 billion.
Mobile Version