Business

Vegetable, fruit exports hit 2.7 billion USD in eight months

Vietnam’s vegetable and fruit exports in August this year is estimated at 346 million USD, pushing the total revenue in the first eight months of this year to 2.7 billion USD, up 14.1 percent over the same period last year.
Vegetable, fruit exports hit 2.7 billion USD in eight months ảnh 1Illustrative image (Source: VNA)

Hanoi (VNA)– Vietnam’s vegetable and fruit exports in August this year is estimated at 346million USD, pushing the total revenue in the first eight months of this yearto 2.7 billion USD, up 14.1 percent over the same period last year.

In the first sevenmonths of 2018, China was still the largest market of Vietnamese vegetable andfruits with consumption worth 1.7 billion USD, accounting for 74 percent ofVietnam’s sales, up 12.1 percent year on year.

Strong growth was seenin many other markets, including Thailand with 38.6 percent, the US 19.3percent, and the Republic of Korea 18.7 percent.

In the January-Augustperiod, Vietnam imported 224 million USD worth of vegetable and fruits, raisingthe total imports of the goods in eight months to 1.15 billion USD, a rise of13.4 percent over the same time in 2017.

According to the Agro-productProcessing and Market Development Department under the Ministry of Agricultureand Rural Development, the export of Vietnam’s vegetable and fruits is showingsigns of a slowdown, but the sector is still forecast to earn 4 billion USD inthe whole year.

Besides, domesticbusinesses have faced fierce competition as well as protectionism measuresthrough technical barriers in import markets.

Therefore, thedepartment advised exporters to focus on dealing with problems in food safety,packaging and labeling.

It predicted that inthe rest of the year, vegetable and fruit export will encounter moredifficulties in supply due to the coming stormy season. At the same time, thedepartment also underlined the need for more promotion activities to boost the saleof fruits currently in harvest such as longan and custard apple.-VNA
VNA
#Vietnam’s vegetable #fruit exports #custard apple #longan #vegetable export #Ministry of Agriculture and Rural Development #Vietnam #Vietnam news #Vietnam News Agency
Follow VietnamPlus

Related News

Vegetable, fruit exports estimated at 2.64 billion USD

Vegetable, fruit exports estimated at 2.64 billion USD

Exports of fruits and vegetables in the first nine months of the year are estimated at 2.64 billion USD, a year-on-year surge of 44.2 percent, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam earns 2.3 billion USD from vegetable, fruit exports

Vietnam earns 2.3 billion USD from vegetable, fruit exports

Earnings from vegetable and fruit exports in the first seven months of the year are estimated at 2.3 billion USD, a year-on-year surge of 12.6 percent, according to the Ministry of Agriculture and Rural Development’s Processing and Market Development Authority (AgroTrade).

See more

Many banks in Vietnam promote green credit for sustainable growth. (Photo: VNA)

State bank launches tool to facilitate green finance

As of March 2025, 58 credit institutions in Vietnam had outstanding green loans, a sharp increase from 15 in 2017. The average growth rate of outstanding green loans in the 2017-2024 period reached over 21% per year, higher than the growth rate of outstanding loans for the economy.

Deputy Minister of Industry and Trade Nguyen Hoang Long said Vietnam supports ASEAN's stance in developing comprehensive, flexible, and practical strategic approach to strengthen intra-bloc economic autonomy. (Photo: Ministry of Industry and Trade)

Vietnam backs ASEAN’s strategic approach to economic resilience, partnership

Vietnam vows continued close coordination with ASEAN and partner countries to identify cooperation opportunities in potential areas of mutual interest, including effectively leveraging the ASEAN-China Free Trade Agreement (ACFTA 3.0) and the Regional Comprehensive Economic Partnership (RCEP) to address current challenges and work towards a transparent, stable, and fair international trade environment.

The Sun PhuQuoc Airways (SPA) project is expected to bolster Phu Quoc’s tourism. (Photo: VNA)

Investment plan for Sun PhuQuoc Airways approved

Sun PhuQuoc Airways is scheduled to commence operations in the fourth quarter of 2025, with initial routes linking Phu Quoc to prominent economic and tourism centres in Vietnam and abroad.

A view of the conference. (Photo: VNA)

Banks need to promote data analysis to minimise financial crime

The SBV has also recently issued Decision No. 67/QD-NHNN on a digital transformation project aimed at deploying core utilities for the development of the banking sector, ensuring connection with Project 06. Under the project, the SBV requires financial institutions to use the national database on population, identification and electronic authentication for banking activities, thereby supporting digital transformation and enhancing the effectiveness of crime prevention.

Prime Minister Pham Minh Chinh orders preparation to break ground on the Lao Cai – Hanoi – Hai Phong railway line on December 19. (Photo: VNA_

PM sets December 19 launch date for Lao Cai – Hanoi – Hai Phong railway

To meet the December 19 groundbreaking target for the Lao Cai – Hanoi – Hai Phong line at five designated sites, he tasked the Ministry of Construction with drafting a detailed critical path timeline. Meanwhile, Deputy Prime Minister Tran Hong Ha was assigned to oversee execution and inter-ministerial coordination.

A representative of the Ha Nam People’s Committee presents a souvenir to a visiting delegation from the Department of Industry and Tourism of Nagahama city in Shiga prefecture of Japan. (Photo: VNA)

Ha Nam highly evaluates investment capacity of Japanese businesses

Reaffirming Japan’s role as a strategic investor, a local official noted that Japan is currently the second-largest foreign investor in Ha Nam, with over 100 projects in diverse sectors such as mechanical engineering, automobile and motorcycle production, and electronics.