Given numerous difficulties predicted for fruit and vegetable sale both at home and abroad in 2022, Vietnamese businesses have been recommended to improve processing and expand their market right from the year’s beginning, the Nhan dan (People) daily reported.
Vietnam was up the sixth largest supplier of bananas to the Republic of Korea (RoK) during the first five months of the year, according to the Korea International Trade Association (KITA)
Vietnam’s fruit and vegetable export was over 2.06 billion USD in the first half of this year, up 17.4 percent year-on-year, the Vietnam Fruit and Vegetables Association (VinaFruit) said.
Free trade agreements are opening the doors for Vietnamese fruit and vegetable firms to increase export revenue this year, according to the Vietnam Fruit & Vegetables Association (VinaFruit).
Fruit and vegetable exporters should improve their processing technologies, especially in the post-harvest and packaging stages, to preserve their products longer and enhance their value, experts said.
Following a year of negative growth, the export of fruit and vegetables reeled in about 944 million USD in the first quarter of 2021, up 6.1 percent from the same period last year, according to the Ministry of Industry and Trade’s Agency of Foreign Trade.
Vietnam expects to gain 8-10 billion USD from shipping fruits and vegetables abroad, with revenue of processed products accounting for at least 30 percent of the total by 2030.
Vietnamese businesses are believed to possess opportunities, especially in niche markets, when exporting fruit and vegetables to Northern Europe, according to the Cong Thuong (Industry & Trade) newspaper.
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.
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.
The fruit farming area in the Mekong Delta, the largest agricultural hub in Vietnam, is set to be expanded by 150,000ha between now and 2030 to help with local agriculture’s sustainable development and adaptation to climate change.
Vietnam earned nearly 2 billion USD from fruit and vegetable exports in the first seven months of this year, down 12.3 percent year-on-year, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam exported 390 million USD worth of fruits and vegetables in April, representing a month-on-month rise of 7.9 percent, but down 15.6 percent against the same period last year.
Vietnam’s fruit and vegetable exports to Thailand were 50.51 million USD in the first quarter of 2020, shooting up 308.77 percent from the same period last year, according to the General Department of Vietnam Customs.
Vietnam exported 836 million USD worth of fruits and vegetables in the first quarter of 2020, a year-on-year decline of 10.9 percent, according to the Ministry of Agriculture and Rural Development.
Fruit and vegetable exports are unlikely to hit the target of 4-5 billion USD set for this year, according to the Vietnam Fruit and Vegetables Association.
Actively seeking new potential markets while maintaining foothold in traditional ones is a solution to help the agricultural sector keep its growth momentum and raise export value, experts said at a forum for exporters of fruit and vegetable held in HCM City on February 27.
The veggie and fruit sector aims to gross 5 billion USD from exports this year on the back of new-generation free trade agreements, the Vietnam Fruit and Vegetable Association (VINAFRUIT) said.
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