Fruit for export

Illustrative image (Photo: VNA) Hanoi (VNA) – Vietnam’s fruit export turnover is expected to top 5 billion USD by 2025 and about 6.5 billion USD by 2030. fruit trees , including dragon fruit, mango, banana, litchi, longan, orange, grapefruit, pineapple, rambutan, durian, jackfruit, passion fruit, avocado, and custard apple. planting area of fruit trees nationwide to 1.2 million by 2025 and 1.3 million by in 2030, with respective yields of 14 million tonnes and 16 million tonnes. export turnover in the first eight months of 2022, reaching nearly 463 million USD. It was followed by banana and durian with 237 million USD and 158 million USD, respectively./. VNA … [Read more...] about Vietnam targets over 5 billion USD in fruit export turnover by 2025

During their meeting, FM Son and Cambodian Deputy Prime Minister and Foreign Minister Prak Sokhonn were pleased with the fruitful developments of the bilateral relationship in recent times, and agreed to continue promoting the exchange of high-level visits via all channels, enhancing people-to-people exchange; maintaining and optimizing the effectiveness of existing bilateral cooperation mechanisms; fostering economic connections; strengthening cooperation between localities, especially those that share borders; and exerting effort to speed up tourism recovery. They also agreed to accelerate negotiations towards completing the remaining 16% of the land border demarcation and marker planting in order to build a common borderline of peace, friendship, cooperation and sustainable development between the two nations; and closely coordinate at regional and international forums as well as sub-regional mechanisms, and support each other's candidacy to multilateral organizations. Sokhonn … [Read more...] about Foreign Minister meets Cambodian, Philippine, Malaysian counterparts

Khang, a durian trader in the southern city of Can Tho, said that he has not been able to buy enough quantity to sell to domestic buyers, as farmers are only willing to sell at high prices. "In Can Tho, one kilogram costs VND150,000 but there is little supply," said Khang. "This price level is uncommonly high." Hanh, a trader in Tien Giang who sells to Chinese buyers, said that she has been busy going to farms and paying high rates. She says she is even willing to pay commissions to those who introduce her to new farms. Local farmers say that durian prices in southern Tien Giang province range from VND120,000 to VND190,000, a triple increase year-on-year. Traders sell to Chinese buyers at even higher prices, from VND170,000 to VND290,000. They say that demand from China has surged several times from previous years. Traders need to gather hundreds of tons each day to deliver to China but supply can only meet 30% to 50% of their needs. Linh in Tien Giang can buy only around … [Read more...] about Durian prices surge as demand from China jumps

Durian purchased by traders and waiting to be packed and shipped to China in Tien Giang Province. — Photo vnexpress.net Durian is being purchased by traders in Mekong Delta region for VND150,000-190,000(US$6.4-8.1) a kilogramme, three times higher than the same period last year and the highest level ever. The reason for the high price of durian is that durian is still off-season and supply is low. Meanwhile, strong demand is coming from the Chinese market as well as domestic markets. Huynh Tan Loc, director of the Ngu Hiep Durian Co-operative in Tien Giang Province’s Cai Lay District, said the prices of the fruit have increased sharply since the beginning of this year. The country’s largest durian producing province has more than 17,000ha of the fruit, mostly in the Cai Lay, Cai Be and Chau Thanh districts and Cai Lay Town. The orchards have an average yield of 20-25 tonnes per hectare and farmers harvesting now can earn VND1-1.5 billion ($43,000-64,000) per hectare, the … [Read more...] about Durian prices hit record high as demand surges