Vietnam's fruit and vegetable exports are projected to reach 6.6 billion USD by the end of November, fulfilling the annual target of 6-6.6 billion USD, one month ahead of schedule.
Vietnam can earn 7.5 billion USD from vegetable and fruit exports this year – the highest-ever figure recorded, according to the Vietnam Fruit and Vegetable Association (Vinafruit).
Vietnam's fruit export revenue hit 4.63 billion USD in the first eight months of 2024, representing an increase of 30.6% compared to the same period last year, thanks to the opening of several key markets.
The Vietnam Coconut Association has forecast that coconut exports will hit 1 billion USD this year, driven by the signing of a protocol for official export of fresh coconuts to China.
Insiders believe in a bright prospect for durian export to China though the world’s largest durian consumer is expanding the cultivation of this fruit.
Fruit and vegetable exports are forecast to continue going smooth in the time ahead thanks to abundant domestic supply and foreign markets’ growing demand.
Thailand, the world’s biggest durian exporter with a total export turnover of 7 billion USD, became Vietnam's second largest importer of this fruit in the first four months of 2024.
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.
A series of large consignments of many industries have been exported to other countries before and during the Tet (Lunar New Year) festival signal hope for Vietnam’s export.
Vietnam and China has signed a memorandum of understanding on cooperation in agriculture and fruit sale, expected to facilitate farm produce trading amid difficulties caused by the COVID-19 pandemic.
Vietnam exported over 280 million USD worth of fruit and vegetables in January, a year-on-year decline of 20.6 percent, according to the General Department of Vietnam Customs.
Vietnam spent almost 655 million USD on importing fruits and vegetables in the first half of this year, representing a year-on-year increase of 87 percent.
Promoting links between production and consumption of fruit in the Mekong Delta was the focus of discussion at a forum in Tien Giang province on August 12.
