return icon Vietnamnet.vn

Fruit exports: China changes rules, Vietnam changes strategy

Vietnam’s fruit exports to China in Q1 decreased by 6.3 percent compared with the same period last year. The door to the biggest export market is narrowing.

The decrease is attributed to the fact that Vietnam’s exports must go through official channels rather than across border gates. In addition, Chinese customs agencies only accept customs clearance at some certain border gates.

 

{keywords}

 

Vietnam had a prosperous year with fruit export turnover reaching a peak of $4 billion, but things did not go smoothly in the first months of 2019.

Vietnam exported $1.4 billion worth of fruits and vegetables in the first four months of the year, an increase of 7.2 percent over the same period last year. China was Vietnam’s biggest fruit consumer in the first three months, accounting for 71.7 percent of market share. However, the export turnover was $680 million, or 6.4 percent lower than the same period last year.

Vietnam exported $1.4 billion worth of fruits and vegetables in the first four months of the year, an increase of 7.2 percent over the same period last year. 

The exports in the first two months were even worse with export value of $585 million, decreasing by 9.7 percent compared with the same period in 2018.

The Vietnam Vegetables and Fruits Association explained that there was a long Tet holiday in the first two months, while it was the time when Chinese harvested dragon fruit and water melon. China has also strengthened product quality examination and traceability.

MARD said China has changed many regulations on fruit imports from Vietnam. Exporters have to satisfy Chinese requirements on food safety and quarantine, register growing area codes with Chinese customs agencies, and declare the origin of products.

From October 1, 2019, imports must get certificates on food safety granted by Chinese agencies to consignments of imports.

Besides China, the demand from other important markets in Southeast Asia also decreased sharply in the first two months, including Malaysia (- 52 percent) and Thailand (- 31.8 percent).

Only the strong rise of the exports in March, especially in the second half of the month, helped exports in Q1 recover. The export turnover in the entire Q1 was $948.9 million, a modest slide of 2.1 percent.

Nevertheless, while the export turnover from China and Southeast Asia decreased, the figures from other markets increased.

The veggie and fruit exports to Australia in Q1 increased by 54.4 percent to $9.5 million, to South Korea by 30.9 percent to $31.3 million, the Netherlands 25.9 percent to $16.6 million and the US 10 percent to $31.7 million.

This shows improvement in Vietnam’s capability of approaching choosy markets, analysts said.

On April 18, Dong Thap provincial authorities joined forces with MARD to organize a ceremony on announcing the export of the first consignments of mango to the US.

 

RELATED NEWS

Vietnam’s exporters sell more fruit thanks to blockchain apps

Vietnam an ideal market for foreign fruit exporters

 

Kim Chi

MORE NEWS

VIETNAM BUSINESS NEWS OCTOBER 1

Much room for sustainable growth of industrial real estate

Vietnam looks to upgrade int'l merchant fleet

Vietnam’s maritime sector is striving to upgrade its international merchant fleet in order to reduce the country’s dependency on foreign-owned vessels in export-import activities.

Banking, real estate not ideal options for short-term investors

By the end of this year, oil and gas, transportation, insurance, retail, and hydropower sectors will see positive signals, while the banking and real...

Supply shortage pushes up prices of many drugs

The prices of anaesthetics have increased due to supply disruptions, said insiders at some hospitals and dental clinics.

Vietnamese paragliders to fly high at World Cup

They are among the 120 best pilots in the world, gathering in Gochang, a county in North Jeolla Province.

Three police officers dismissed from force after beating teenagers

They are Captain Chau Minh Trung, Lieutenant Nguyen Quang Thai and Lieutenant Doan Tan Phong.

Vietnam has “golden chance” to welcome new FDI wave

Vietnam has a “golden chance” to attract a new wave of foreign investment, especially to economic zones (EZs) and industrial parks (IPs), according to Deputy Minister of Planning and Investment Tran Quoc Phuong.

Foreign movies generate more revenue than locally produced films

After one week of release, the film ‘Suddenly Winning the Lottery’ earned VND 71 billion and remained firmly at No. 1 on the box office revenue chart. The film is one of the foreign films generating more revenue than locally produced films.

Ministry to keep coal-fired thermal power projects

To avoid legal risks, thermal power projects in the 8th national power development plan need to be retained, especially BOT (build, operate, transfer) projects, which involve foreign investors, the Ministry of Industry and Trade (MOIT) said.

EVFTA advantages threatened by tough competition

Although Vietnam is hoping for stunning growth in seafood exports, particularly in the likes of basa fish and shrimp, the nation’s share in the EU market and utilisation of its trade deal with the bloc remain under some pressures.

Vietnam wastes 160 tons of agricultural by-products a year

If 1 million by-products in the seafood industry were processed into valuable products, they would bring in US$4-5 billion. Vietnam produces 160 million tons of by-products a year.

Vietnam records high digital banking growth

Vietnam is one of the countries with the highest growth rates in digital banking though it is still a developing economy, according to international organizations.

Shopee empire is being shaken up

Aspiring to become a super app, Shopee is facing challenges, including in the Vietnamese market.

Corporate bond market reform adds safety net for investors

The fresh and stringent legislative framework for the corporate bond market is slated to pave the way for a better debt sector in Vietnam, while the interests of issuers and investors could be safeguarded.

Call of the past

The past artisans might have not imagined that the vases they made would become special cultural values, which are being hunted and those prices paid equal many years of hard work.
back_to_top