Fruit and vegetable exports hit over 3.2 billion in 2020
Vietnam earned 3.26 billion USD from exporting fruit and vegetables in 2020, a year-on-year decline of 13 percent, the Ministry of Agriculture and Rural Development (MARD) has reported.
Processing and packaging dragon fruits for export (Photo: VNA)Exports were down because many items with high export value saw volumes fall sharply, such as dragon fruit, which accounts for about 36 percent of total export value but fell nearly 10 percent in volume, bananas (down 13 percent), durian (56 percent), lychee (22 percent), and watermelon (36 percent).
Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association (VINAFRUIT), attributed the result to declining imports from China, saying it imported 25 percent less fruit and vegetables than in 2019.
He noted, however, that exports to other countries still posted stable growth, such as Thailand (140 percent), the US and the Republic of Korea (RoK) (both 11 percent), and Japan (5 percent).
Fruit and vegetable exports were severely influenced by the development of the COVID-19 pandemic around the world, Nguyen said.
According to MARD, Vietnam also spent 1.29 billion USD on importing fruit and vegetables last year, down 27.5 percent against 2019.
China, the US, and Australia are Vietnam’s largest providers, the ministry said./.
You should also see
Dien Bien soldiers, youth volunteers meet in Hanoi
Nearly 300 soldiers and youth volunteers directly engaging in the Dien Bien Phu campaign 70 years ago looked back on the 56-day battle, the victory of which led to the signing of the Geneva Accords on ending the war and restoring peace in Indochina, at a meeting in Hanoi on April 23.
See more
Sci-Tech
FPT, NVIDIA ink MoU to build 200 million USD AI factory
Vietnam’s tech giant FPT plans to build a 200 million USD artificial intelligence (AI) factory using Nvidia's graphics chips and software, as announced on April 23 in a comprehensive strategic partnership with NVIDIA.
Business
Lao Cai province calls for more Japanese investments
The advantages and potential of Vietnam’s northern border province of Lao Cai were introduced to Japanese firms at an investment and tourism promotion conference in Tokyo on April 23.
Business
Vietnam’s economy shows gradual recovery: WB’s report
Vietnam's economy is showing mixed signs of recovery in early 2024, with growth forecast to reach 5.5% in 2024 and gradually rise to 6.0% by 2025, according to the latest World Bank Taking Stock bi-annual economic update released on April 23.
Business
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.
Business
Central bank successfully auctions 3,400 taels of SJC-branded gold bars
The State Bank of Vietnam (SBV) released the outcome of the gold bullion auction on April 23, with two winning bidders securing 34 lots, equivalent to 3,400 taels of SJC-branded gold bars.
