Fruit, vegetable exports fetch 2.5 billion USD in nine months

Vietnam earned 2.5 billion USD from exporting fruit and vegetable in the first nine months of 2020, representing a year-on-year drop of 11 percent, according to the Import-Export Department under the Ministry of Industry and Trade.
Fruit, vegetable exports fetch 2.5 billion USD in nine months ảnh 1Vietnamese dragon fruits sold in Japan (Photo: VNA)

Hanoi (VNA) – Vietnam earned 2.5 billion USD fromexporting fruit and vegetable in the first nine months of 2020, representing ayear-on-year drop of 11 percent, according to the Import-Export Departmentunder the Ministry of Industry and Trade.

The department reported that in August, the export revenueof the sector was contributed by exports of various kinds of fruits, includingdragon fruit, mango, banana, coconut, jackfruit, durian, passion fruit, andlongan.

Despite a fall in processed passion fruit, there is greatpotential for the export of fresh fruit thanks to Vietnam’s advantages.

The enforcement of the EU-Vietnam Free Trade Agreement(EVFTA) is anticipated to enhance the competitive edge of local firms incomparison to regional rivals such as Thailand, the Philippines, and Malaysia, orSouth American countries with similar weather conditions such as Peru andEcuador.

During the reviewed period, Thailand also imported 129,000tonnes of fresh coconuts worth 50.4 million USD from Vietnam, marking anannual rise of 377.7 percent in volume and 781.3 percent in value.

Vietnam isAsia’s fifth largest producer of fruits and vegetables with its products available in morethan 60 countries worldwide. 

Data from theMinistry of Industry and Trade revealed that Vietnam’s shipments of fruits andvegetables to the EU stood at 2.26 billion USD in the first eight months ofthis year, a decrease of 11.3 percent from a year earlier, due to COVID-19./.
VNA

See more

At the meeting between Minister of Agriculture and Rural Development Le Minh Hoan and visiting FAO Director-General Qu Dongyu. (Photo: VNA)

Vietnam, FAO join hands to boost South-South cooperation on agriculture

United Nations Food and Agriculture Organisation (FAO) Director-General Qu Dongyu's working trip to Vietnam from February 5-8 aims to promote bilateral cooperation in the fields of agriculture, food security, environmental protection, and rural development amid complicated and unpredictable global developments.

Deputy Prime Minister Ho Duc Phoc speaks at meeting of the Steering Committee for Price Management (Photo: VNA)

Deputy PM stresses importance of efficient price management in 2025

Deputy PM Ho Duc Phoc said with the GDP growth target for 2025 of at least 8%, the amount of money injected into the economy will be significantly higher than in 2024, and growth drivers will be stimulated, thereby impacting price indexes, especially consumer prices.

At the business registration office under the municipal Department of Planning and Investment (Photo: VNA)

Number of firms resuming operations in Hanoi surges 44%

New business registrations in Hanoi saw a 24.3% decline, with 2,045 new enterprises receiving certificates. The total registered capital for the new establishments dropped by 53.4% to 13.8 trillion VND (546.1 million USD).

A corner of VSIP Bac Ninh (Photo: VNA)

Bac Ninh wins growing investor confidence

With its potential and local authorities’ flexible and business-friendly policies, Bac Ninh is establishing itself as a magnet for both domestic and foreign investors.

Investors watch the market's movements at a trading office of a securities firm. (Photo: VNA)

Stock market gears up for a new era

The mission of the securities sector is to continuously develop infrastructure, improve service quality, attract international investors and mobilise medium- and long-term capital.

The Cai Mep - Thi Vai deep-water port complex in Ba Ria - Vung Tau province plays a pivotal role in attracting FDI capital to the southeastern region. (Photo: VNA)

Vietnam’s FDI inflow soars by 48.6% in January

The manufacturing and processing industry dominated foreign investment, attracting over 3.09 billion USD, equivalent to nearly 71.3% of total investment and showing a remarkable 99.1% increase year-on-year.

Vietnam's CPI in January 2025 expands by 3.63% year-on-year, while core inflation rose 3.07%. (Photo: VNA)

January CPI up 0.98%

Such factors as adjusted healthcare fees, and higher transportation costs and food prices led to a 0.98% rise in the Consumer Price Index (CPI) in January.

The cargo port in Qingdao, Shandong province, China, on January 13, 2025 (Photo: VNA)

Vietnam - China economic, trade cooperation flourishes

China - Vietnam's economic ties have flourished, with bilateral trade and investment growing rapidly. In 2024, trade reached 260.65 billion USD, up 13.5% from the previous year, while Vietnam is also an important destination for Chinese investors.