The export of Vietnamese fruits and vegetables is expected to continue to soar, considering a growth of 39% since early this year and strong increases in China's purchases.
As one of the few sectors reporting export turnover increase in the first quarter of 2023, Vietnam's vegetable and fruit sector has a bright outlook to earn 4 billion USD in export revenue this year.
As one of the few sectors reporting export turnover increase in the first quarter of 2023, Vietnam's vegetable and fruit sector has a bright outlook to earn 4 billion USD in export revenue this year.
Despite declines in the export of some agricultural products, overseas shipments of fruits and vegetables remain positive, promising a bright prospect in the second quarter of 2023.
Farmers have paid greater attention over recent years to applying high technology in growing vegetables, contributing to boosting sustainable agriculture production and improving their livelihoods, according to a report from Duc Trong district, a key vegetable growing area in the Central Highlands’ province of Lam Dong.
The Middle East and North Africa have high demand for fruits and vegetables, offering Vietnamese firms a great opportunity to boost exports, according to the Ministry of Industry and Trade.
Vietnamese vegetables and fruits are eyeing various potential markets from Asia to Europe, and from the Middle East to North America and America, in which quality requirements and standards are high, prompting domestic exporters to work harder to conquer, said experts at a forum in Ho Chi Minh City on March 1.
Vietnamese fruit and vegetable brands face the threat of being pilfered, along with requirements regarding the protection of plant varieties in export markets.
Orders for fruits and vegetables have outnumbered those for other agricultural products so far this year, signalling a bright outlook in the time to come.
Vietnamese fruit and vegetable exporters need to further enhance deep processing and diversify their export markets to avoid risks when major export markets face difficulties, the Asia-Africa Market Department said.
Several fruits grown in Vietnam have successfully entered high-value, challenging markets. The country constantly seeks ways to beef up its economic power via fruit exports, claimed Malaysian newswire thestar.com.my.
Vietnam's annual fruit and vegetable output has reached 31 million tonnes, but processing rates are only around 12% to 17%. As a result, the processing industry only meets about 8% to 10% of the fruit and vegetable output's annual output.
The Malaysian National News Agency (Bernama) said in a recent article that a number of fruits grown in Vietnam have successfully entered high value and challenging markets.
The Ministry of Industry and Trade (MoIT) and the Ministry of Agriculture and Rural Development will step up support for the Vietnamese business community to effectively exploit opportunities from the Regional Comprehensive Economic Partnership (RCEP), contributing to export promotion and economic development.
Vietnam’s fruit and vegetable export turnover hit 1.4 billion USD in the first five months of this year, down 17 percent compared to the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam has many more opportunities to increase export of fruits and vegetables to the European Union - the world's largest market, thanks to tariff incentives brought by the EU-Vietnam Free Trade Agreement (EVFTA), according to analysts.
New Zealand Ambassador to Vietnam Tredene Dobson paid a visit to the south-central province of Binh Dinh on June 6, during which she highly spoke of the outcomes of New Zealand-funded projects in the province.
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