Before the Lunar New Year, many fruits and agricultural products exported to China were stuck at the border gates, with thousands of containers, and traders neglected to purchase them.
Nearly all kinds of fruits, from custard apple to dragon fruit to durian, have seen prices plummet on low demand.
The supply of agricultural products will meet consumer demand for the long term with the support of the Ministry of Agriculture and Rural Development's special working team in HCM City.
Postmart and Voso have trained farmers to organize livestreams, and advertise their products by shooting video or taking photo. They can create their own booths and sell products on these floors even during the time of social distancing.
Despite being significantly affected by the Covid-19 pandemic, Vietnam's agricultural, forestry and fishery exports still earned 28.6 billion USD in the past seven months, up 26.7% over the same period last year.
In the first five months of this year, the agro-forestry-fishery sector accounted for the lowest ratio of foreign direct investment inflows.
Every time China stops importing agricultural products or when the Covid-19 pandemic happens, several agricultural products are unsalable, then the rescue of them to support farmers will take place repeatedly.
The price of pepper, known as black gold, is increasing sharply. However, Vietnam’s pepper growers are not sure how long the price will be maintained.
For Nguyen Thi Thu Phuong, returning to her hometown to start a business after graduating from university was the best decision she ever made.
For years, the supply chain of the Mekong Delta’s agricultural products has remained fragmented, and the smallholders have been struggling to get wealthier, getting trapped in the vicious cycle with no way out. What could be the reasons?
No longer having to discard vegetables, many farmers in Hai Duong province, Vietnam’s Covid-19 hotspot, can now sell their farm produce on e-commerce platforms.
E-commerce platforms are effective tools that can help farmers reduce losses when there is an oversupply of produce and sales are slow.
Trade and customs clearance for agricultural products at the border with China are slowly returning to normal due to strict regulations to prevent a further outbreak of COVID-19.
The Ministry of Agriculture and Rural Development has targeted no drop in export value of agricultural products this year, even though the sector was hit hard by the novel coronavirus (COVID-19) pandemic from the beginning of this year.
Exporters of agricultural products, especially dragon fruit, must improve quality and focus on the domestic and new export markets and reduce their dependence on the Chinese market amid the current epidemic outbreak, experts have said.
The combined export value of main agricultural products was estimated at 18.5 billion USD in 2019, down 5.3 percent year on year, according to the Ministry of Agriculture and Rural Development.
The ministry said consumers will benefit from tax reductions due to decreasing product prices.
The first Vietnam Market in Malaysia with 200 pavilions is scheduled to open in March 2020.