return icon

Vietnam’s veggie, fruit imports from China surge

Vietnam spent some US$473 million importing vegetables and fruits from China between January and August, surging by 74% year-on-year and accounting for 38% of the country’s total veggie and fruit imports.

The country’s stronger vegetable and fruit imports from China were attributed to lower prices, improved quality and geographical proximity.

Many Chinese fruits such as pomegranates, grapes, pears, jujubes and apples, and vegetables, including carrots, onions and garlic, are dominating the local market, mainly in HCMC, the local media reported.

The United States came second among Vietnam’s largest vegetable and fruit exporters in January-August, with a value of US$213.5 million, up 5.8% year-on-year, followed by Australia with over US$104 million.

During the period, Vietnam spent US$89 million importing vegetables and fruits from New Zealand, according to data from the General Department of Vietnam Customs.

From January to August, the country imported vegetables and fruits worth some US$1.3 billion, a year-on-year increase of 33%.

Meanwhile, Vietnam’s outbound sales of vegetables and fruits amounted to US$2.2 billion in the January-August period, down 13% year-on-year, dragged by a slump in exports to China.

The country exported vegetables and fruits worth a mere US$967 million to China during the eight-month period, down 32% year-on-year, due to the latter’s stringent anti-Covid measures.

However, the period saw Vietnam’s vegetable and fruit exports to the United States and Southeast Asia expand 19% and 30.7% year-on-year at US$180 million and US$220.3 million, respectively.

Source: Saigon Times


AI - the future of retail

Technology is changing the retail sector, with artificial intelligence (AI) shaping shopping centers and stores of the future.

Hanoi to celebrate New Year with drone light show and marathon

A countdown event, concert, drone light show and an international marathon will be held in Hanoi to celebrate the New Year 2023.

How will Vietnam escape the 'middle-income trap'?

Vietnam aims to become a higher average income country and a high income country by 2035 and 2045. However, to reach that goal, it will have to overcome challenges, especially institutional ones.

HCM City develops food streets to attract tourists

Ho Chi Minh City is focusing on developing food streets to attract more tourists and make them spend more during their stay in the city.

Int’l experts, organisations believe in Vietnam's sustainable growth potential

Experts, and representatives of international organisations, and investment funds have shown their belief in the potential for sustainable growth in Vietnam in the coming tỉme.

Why has HCM City removed 'residential people’s groups'?

With the elimination of over 25,000 "residential people’s groups", HCM City has cut 38,000 part-time officers.

Duan wins Hanoi Midnight marathon title, eyes SEA Games slot

Almost 10,000 elite and amateur runners registered to participate in the event. The number was double that of the first edition in 2020.

HCM City seeks to prevent illegal waste dumping

HCM City’s environmental sector is taking steps to prevent illegal dumping of domestic waste transported from neighbouring provinces to the city.

Macroeconomic and monetary policies key to improving economy

A volatile global market, the COVID-19 pandemic, approaching the limit to horizontal expansion and inefficient macroeconomic policies in the past...

Domestic tourism increases but spending remains low

The domestic tourism market was a lifesaver during the difficulties of the COVID-19 pandemic, but local spending on tourism is still low and needs a boost, experts have warned.

Transparent practices help farmers sell more produce

The optimal requirement of farm produce is safety, and without it, sales would be low.

Hanoi's tourism shows strong recovery since March 2022

Eight months after the reopening of international travel, Hanoi has seen substantial development in the tourism sector.

The natural beauty of Trang An

Trang An Landscape Complex is a mixed cultural and natural property within three protected areas, including the Hoa Lu Ancient Capital, the Trang An-Tam Coc-Bich Dong Scenic Landscape, and the Hoa Lu Special-Use Forest.

Screening tool to bump up FIE quality

Achecklist for appraisal of foreign-invested ventures in Vietnam will help the country woo desired foreign funding.

Lacking money, work on privately funded thermal power projects stalls

The thermal power projects developed by private investors all have been going slowly because of multiple problems.