Fruit, veggie exports likely to hit 3.8 billion USD
Exports of fruits and vegetables for the whole year are likely to reach 3.8 billion USD thanks to comprehensive measures taken by the agricultural sector, according to Nguyen Quoc Toan, Acting Director of the Department of Farm Produce Processing and Market Development under the Ministry of Agriculture and Rural Development.
Illustrative image (Source: VNA) Hanoi (VNA) – Exports of fruits and vegetables for the whole year
are likely to reach 3.8 billion USD thanks to comprehensive measures taken by
the agricultural sector, according to Nguyen Quoc Toan, Acting Director of the Department
of Farm Produce Processing and Market Development under the Ministry of
Agriculture and Rural Development.
Vietnam is projected to earn 3.1 billion USD in vegetable and fruit exports in the first nine months of the year, a year-on-year surge of 17.1 percent.
Currently, China is the largest market of Vietnam’s fruits and vegetables, accounting for 74 percent of the total market share. Vietnam shipped nearly 2 billion USD worth of fruits and vegetables to the neighbouring country during January-August, up 11.6 percent from the same period last year.
Strong growth was seen in the exports to Thailand (38 percent), Australia (36 percent), the US (26.3 percent), and the Republic of Korea (21.4 percent).
The department also said that Vietnam splashed out 1.3 billion USD purchasing fruits and vegetables from foreign countries in the nine-month period, increasing 12.7 percent year on year. Of the total, 330 million USD was spent on vegetable imports, and 911 million USD for fruit imports, up 36 percent and 0.8 percent from the same time last year, respectively.
Most of the imports came from Thailand (45 percent) and China (22 percent).-VNA
Vietnam is projected to earn 3.1 billion USD in vegetable and fruit exports in the first nine months of the year, a year-on-year surge of 17.1 percent.
Currently, China is the largest market of Vietnam’s fruits and vegetables, accounting for 74 percent of the total market share. Vietnam shipped nearly 2 billion USD worth of fruits and vegetables to the neighbouring country during January-August, up 11.6 percent from the same period last year.
Strong growth was seen in the exports to Thailand (38 percent), Australia (36 percent), the US (26.3 percent), and the Republic of Korea (21.4 percent).
The department also said that Vietnam splashed out 1.3 billion USD purchasing fruits and vegetables from foreign countries in the nine-month period, increasing 12.7 percent year on year. Of the total, 330 million USD was spent on vegetable imports, and 911 million USD for fruit imports, up 36 percent and 0.8 percent from the same time last year, respectively.
Most of the imports came from Thailand (45 percent) and China (22 percent).-VNA
You should also see
Millions of children in Vietnam protected by vaccination over 40 years: UN agencies
Millions of children in Vietnam have been protected by immunisation over the past 40 years, said the World Health Organisation (WHO) and UNICEF offices in Vietnam on April 25 when they mark the World Immunisation Week from April 24-30.
See more
Business
Vietnam-Singapore trade on the rise since start of 2024
Trade between Vietnam and Singapore topped 2.54 billion SGD (1.87 billion USD) in March, rising 4.29% year on year, according to the Trade Office of Vietnam in the city state.
Business
Petrol prices decrease slightly on April 25
The retail prices of petrol were adjusted down from 3pm on April 25 by the Ministry of Industry and Trade and the Ministry of Finance.
Business
Vietnamese canned sugarcane juice favoured in US
The first cases of Vietnamese canned sugarcane juice have hit supermarket shelves in Miami, the US state of Florida.
Business
Labels on foods exported to Singapore must be accurate: Trade counselor
Counsellor Cao Xuan Thang, head of the Vietnam Trade Office in Singapore, has advised Vietnamese exporters to pay attention to labeling pre-packaged food products to ensure their credibility and image of businesses when exporting to the Singaporean market.
Business
April 25 gold bullion auction cancelled
The State Bank of Vietnam (SBV) has announced that it canceled the gold bullion auction scheduled for April 25 morning as only one business submitted its bidding form.
