return icon Vietnamnet.vn

Fruit exports to China down, Vietnam pins hopes on Japan, India

Vietnam’s litchi can now be exported to the Japanese market, and dragon fruit to India.

The General Department of Customs (GDC) reported that vegetable and fruit exports in May 2020 reached $350 million, an increase of 2.3 percent over April, but a decrease of 1.4 percent from May 2019.

 

{keywords}

 



In the first five months of the year, vegetable and fruit exports brought turnover of $1.58 billion, a decrease of 10.3 percent compared with the same period last year.

Despite the epidemic, exports to some major markets still increased significantly, except China.

A report showed that in the first four months of the year, Vietnam exported $865 million worth of fresh fruits, down by 22.5 percent compared with the same period last year.

The General Department of Customs (GDC) reported that vegetable and fruit exports in May 2020 reached $350 million, an increase of 2.3 percent over April, but a decrease of 1.4 percent from May 2019.

Of these, dragon fruit exports brought turnover of $416.27 million, down by 8.5 percent. Dragon fruit was mostly shipped to China ($384.95 million, down 7.4 percent) which accounted for 92.5 percent of total dragon fruit exports.


Analysts noted the sharp increase of 244.1 percent in exports to Thailand to $57.8 million in the first four months of the year. The proportion of fruit exports to Thailand increased from 1.2 percent in 2019 to 4.7 percent in the first four months of the year. In April alone, $7.29 million worth of fruits were exported to the market, up by 64 percent.

South Korea was the third largest export market which consumed 3.1 percent of Vietnam’s exports.

As of the end of April, Vietnam had exported $54.59 million worth of products to the market, up by 25 percent compared with the same period last year.

While the exports are on the decrease, Vietnam has high hopes for the Japanese and Indian markets after the two countries granted the go-ahead to Vietnam’s litchi and dragon fruit.

After five years of negotiations, in late 2019, Japan allowed import of fresh litchis from Vietnam, beginning with the 2020 crop.

In December 2019, Hai Duong province began preparing the material area for the production of litchis for export. After thorough care, the litchis that meet standards grown in Thanh Ha district of Hai Duong province are in peak harvest season and will be exported to Japan.

OTAS codes have been granted to 240 households in Thanh Thuy commune. The litchis with the codes have selling prices 30-40 percent higher than other litchis sold in the domestic market.

Vietnamese Ambassador to India Pham Sanh Chau is optimistic about fruit exports to India. Dragon fruit is present at many supermarkets, key markets and hotels. However, he said other delicious fruits of Vietnam such as litchis and rambutan still cannot find ways to the market.

Thanh Lich 

 

Even with EVFTA, Vietnamese fruit still relies on Chinese market

Even with EVFTA, Vietnamese fruit still relies on Chinese market

Vietnamese fruit exporters have been trying to stop their reliance on China, but no progress has been made in finding new markets.

Vietnam's veggie, fruit exports exceed US$1.5 billion in H1

Vietnam's veggie, fruit exports exceed US$1.5 billion in H1

Exports of vegetable and fruits fetched more than 1.5 billion USD in the first six months of the year, a year-on-year decline of 14.5 percent, according to the Ministry of Agriculture and Rural Development.

MORE NEWS

Coach Chung to lead national women's team until end of 2023

The Vietnam Football Federation (VFF) and coach Mai Duc Chung have agreed to extend their contract for another year.

Ministry plans to add “place of birth” to new passport version

The Ministry of Public Security (MPS) is planning to add the “place of birth” to the new passport version to facilitate citizens’ seeking of visas to the Schengen countries.

Ministry urges to speed up vaccination for children for safe school opening

Safely opening schools is dependent on every child being vaccinated against Covid-19. However, according to the assessment of the Ministry of Health, the actual rate of Covid-19 vaccination coverage for children is still low.

Vietnam Airlines plans to sell aircraft to cut losses

Vietnam Airlines plans to restructure its assets and investment portfolio, and issue new shares to increase its equity, including selling aircraft to decrease losses and negative equity.

MFN tariff on gasoline lowered to 10%

The Government has given the nod to halve the most-favored-nation (MFN) import tariff on unleaded gasoline to 10% from the current 20%.

Vietnam spends $5 billion on coal imports

In the first seven months of this year, Vietnam spent over $5 billion to import coal for thermal power plants, up 123 per cent on-year.

Vietnam's futsal team has new coach

The Vietnam Football Federation (VFF) held a ceremony in Hanoi on August 9 to introduce Giustozzi Diego Raul as the new head coach of the Vietnamese national futsal team.

Da Lat Flower Festival 2022 to last two months, with 51 events

The ninth Da Lat Flower Festival will be held in the Central Highlands province of Lam Dong from November to late December, with 51 attractive events, according to a plan recently announced by the provincial People’s Committee.

VIETNAM NEWS HEADLINES AUGUST 9

Tropical depression intensifies into storm toward north

Ministry urges localities to set up teams to catch rabid, stray dogs

The Ministry of Agriculture and Rural Development (MARD) has urged cities and provinces nationwide to set up teams to catch stray dogs in an attempt of curbing dog bite-related fatalities and better managing rabies among domestic dogs and cats.

VIETNAM BUSINESS NEWS AUGUST 9

Extra efforts needed to achieve target of 5 million foreign tourists: insiders

Pacific Airlines faces closure due to financial difficulties

The Civil Aviation Authority of Vietnam has just asked Pacific Airlines to report on their current capital condition, and whether they meet the requirements to continue operations.

Monetary stance points to only mildly higher interest rates in VN: Fitch Ratings

Capital account restrictions largely insulate interest rates in Vietnam from global monetary tightening and the country’s policy rate is expected to increase 50 basis points to 4.5% by end-2023, according to Fitch Ratings.

Ministry recommends unfinished wind, solar farms negotiate energy prices

The Ministry of Industry and Trade (MoIT) has asked the Prime Minister about the mechanism for ongoing solar power and transitional wind power projects to enjoy the incentive price.

New securities accounts hit near two-year low in July

The number of newly-opened securities accounts dropped sharply in July to the lowest in about two years as stock market liquidity hit a monthly low.
back_to_top