WHAT'S NEW

Fruit, vegetables exports to hit US$4 billion

by VNA20 July 2021 Last updated at 17:00 PM

VTV.vn - Vietnam is expected to rake in US$4 billion from fruit and vegetables exports this year if the H1 pace is maintained in the second half of this year.

The Vietnam Fruit and Vegetables Association (VinaFruit) said the export turnover was over US$360 million in June, up 38% from the same period last year, pushing the value in the first half to nearly US$2.1 billion, up 17.7% year-on-year.

Dang Phuc Nguyen, VinaFruit General Secretary, said Vietnam’s fruit and vegetables export has recovered in major markets, with less reliance on China and increases in demanding markets like the EU, the US, the Republic of Korea (RoK) and Japan.

However, the neighbouring country of China has remained the biggest buyer of Vietnamese fruit and vegetables, accounting for 56% of Vietnam’s total fruit and vegetables export value. Nine types of Vietnamese fruits are allowed to enter the Chinese market via the official channel, namely dragon fruit, longan, mango, lychee, banana, jackfruit, rambutan, watermelon and mangosteen.

Besides, China has also granted temporary licenses to Vietnamese sweet potato and durian. Nguyen Xuan Giang, Director of the Hoang Ha Service and Trading Company Limited in the northern border province of Lang Son, said China has imposed more requirements on Vietnamese agricultural products. To maintain exports to China, local firms should work to satisfy requirements regarding quality, packaging and area codes, he suggested.

Tags:

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2021-07-24 01:37 UTC

WEATHER FORECAST