ex. Game, Music, Video, Photography

Fruit and veg outgrow rice to become Vietnam's third largest foreign-currency earner

Already a major coffee and rice exporter, Vietnam is now turning its attention to fruit and vegetables.

Ngày đăng: 13 tháng 9, 2021
Cập nhật: 20 tháng 11, 2022
Lượt xem: 308006595
Nguồn: vnexpress

Vietnam’s fruit and vegetable exports have jumped to $1.68 billion so far this year, up 28 percent from the same period last year, customs statistics show.

Fruit and vegetables have become Vietnam's third largest hard-currency earner after coffee and cashews.

According to the General Department of Customs, China is the biggest buyer of Vietnamese fruit and vegetables, but other major importers include the U.S., Canada and South Korea.

For now, the country is still a relatively minor player on the international market stage, the eighth largest fruit exporter in Asia.

However, Vietnam’s fruit and vegetables exports grew rapidly to $1.85 billion last year from $900 million in 2013 and just $622 million in 2011, according to the Vietnam Fruit and Vegetables Association.

Industry experts forecast that Vietnam is set to earn up to $2.5 billion from exporting fruit and vegetables this year, up 35 percent from last year.

The government is targeting a ten-fold increase over the coming years, with crops like longan, dragon fruit and lychees being given priority.

For example, Vietnamese growers of tropical fruits, including lychees and fresh dragon fruit, are seeking ways to enter demanding markets which offer higher prices.

Statistics show Vietnam exported more than 1 million tons of dragon fruit last year. As the fruit can stay fresh up to 40 days, it is mainly shipped to foreign markets by sea at transport costs ranging from 2 to 3 U.S. cents per kilogram. Low transport costs make Vietnamese fresh dragon fruit more price competitive.

Vietnam has so far this year exported more than 10 tons of lychees to Australia, according to the Vietnam Trade Office under the Vietnamese Embassy in Australia, adding that the customer base for the fruit has quickly expanded, from the east coastal cities of Sydney and Melbourne to the west coastal city of Perth.

Vietnam shipped its first consignments of lychees to Australia and the U.S. in 2015.

More notably, as of mid-September, Vietnam’s exports of fruit and vegetables grew faster than other traditional agricultural commodities.

The world’s second-largest coffee producer posted a 22 percent on-year growth in export value to $2.37 billion over the past nine months. Vietnam’s cashew exports also increased by 13.6 percent to over $1.89 billion.

In the meantime, rice exporters saw a 14 percent slump from the same period last year to only $1.6 billion.

Vietnamese rice farmers and exporters have been badly battered by prolonged drought and salt water intrusion.

In the first four months of this year, the U.S. also rejected 1,700 tons of Vietnamese rice due to safety concerns, the Vietnam Food Association said, citing data from the U.S. Food and Drug Administration (FDA).

The FDA said it found eight active chemicals in the Vietnamese rice shipments above the permissible limits set by the U.S. Agriculture Department.

Related news:

Vietnam fears US ban on rice exports: govt official

Vietnam's lychee farmers still look to China as main export market

Enter the dragon fruit: Australia beckons Vietnamese growers

Mekong Delta fruit farmers being killed off by saline intrusion


Từ vựng liên quan

Tin tức liên quan

Amazon set to wade into Vietnam’s fast-flowing e-commerce market
business 21/09/2021

Amazon set to wade into Vietnam’s fast-flowing e-commerce market

companies | 330646602

The American giant is ready to sign a deal to open its platforms up to Vietnamese exports.

 Two more bodies retrieved from Vietnam hydropower plant landslide
news 29/03/2021

Two more bodies retrieved from Vietnam hydropower plant landslide

news | 144966637

Rescue teams retrieved the bodies of two workers buried by a landslide near Thua Thien-Hue Province's Rao Trang 3 hydropower plant Friday morning, 11 days after the incident.

Vietnam set to export dragon fruit to Australia soon
business 22/09/2021

Vietnam set to export dragon fruit to Australia soon

business | 332796612

The country, already a major coffee and rice exporter, is now turning fruit and vegetables into a key source of revenue.

Buyers queue at midnight for iPhone 12
business 21/09/2021

Buyers queue at midnight for iPhone 12

companies | 331156604

Hundreds of people queued up in front of Apple stores in Ho Chi Minh City on Thursday to become the earliest owners of the iPhone 12.

Vietnam gets ready to self-finance vaccine program
news 10/09/2021

Vietnam gets ready to self-finance vaccine program

news | 284186597

Financial support from international partners will be cut back now that the country has achieved the middle-income status.

Free trade deal boosts South Korea’s exports to Vietnam
business 18/09/2021

Free trade deal boosts South Korea’s exports to Vietnam

business | 323346594

Vietnam was the world’s third largest importer of South Korean products during January-October, data show.

Vietnam plans to power up its Spratly Islands
news 16/09/2021

Vietnam plans to power up its Spratly Islands

news | 318696609

Vietnam Electricity (EVN), the country’s power monopoly, said it had finished surveying the Spratly Islands to build a power grid across the archipelago, Vietnam News Agency reported yesterday.

Laser beams continue to threaten Vietnam’s aviation safety
news 19/09/2021

Laser beams continue to threaten Vietnam’s aviation safety

news | 326856599

After Hanoi, incidents of ground-based lasers targeting aircraft have plagued Saigon's airport.

Saigon braces for more record tides this year
news 19/09/2021

Saigon braces for more record tides this year

news | 327486597

River tides are rising relentlessly in Saigon due to climate change and other factors.

 Organic produce chains struggle to maintain Vietnam foothold
business 27/03/2021

Organic produce chains struggle to maintain Vietnam foothold

industries | 110716645

Stiff competition, storage issues and low profit margins make it very difficult to run an organic store chain in Vietnam.

Link Tài Trợ - Sponsored Links

Công Thức Vật Lý
Loading…