Fruit, vegetable exports valued at 3.3 billion USD
Vietnam earned some 3.3 billion USD from vegetable and fruit exports during January-October, up 15.5 percent from the same time last year, the Agro Processing Market Development Authority (AgroTrade) under the Ministry of Agriculture and Rural Development has said.
Vietnam earned some 3.3 billion USD from vegetable and fruit exports during January-October. (Photo: VNA)
Hanoi (VNA) – Vietnam earned some 3.3 billion USD from vegetable and fruitexports during January-October, up 15.5 percent from the same time last year,the Agro Processing Market Development Authority (AgroTrade) under the Ministryof Agriculture and Rural Development has said.
Of the total shipments, 90.3 percent were raw products while the processed onesonly accounted for 9.7 percent.
China remained the largest market of Vietnamese fruits and vegetables. Vietnamshipped nearly 2.2 billion USD worth of the products to the neighbouringcountry in the first nine months of the year, a year-on-year surge of 10.4percent.
Strong growth was seen in the exports to Thailand (35 percent), Australia (31.6percent), the US (30 percent), and the Republic of Korea (24.4 percent).
In October, Vietnam splashed out 134 million USD on purchasing foreign fruitsand vegetables, raising the total import value of these products in theten-month period to 1.43 billion USD, rising 13.1 percent against the sameperiod last year.
The AgroTrade said that many fruit and vegieprocessing plants will be put into operation in the last months of 2018,helping Vietnam improve its production capacity in order to realise its setgoal of 4 billion USD in export revenue this year.-VNA
Vietnam’s vegetable and fruit exports in August this year is estimated at 346 million USD, pushing the total revenue in the first eight months of this year to 2.7 billion USD, up 14.1 percent over the same period last year.
Exports of fruits and vegetables for the whole year are likely to reach 3.8 billion USD thanks to comprehensive measures taken by the agricultural sector, according to Nguyen Quoc Toan, Acting Director of the Department of Farm Produce Processing and Market Development under the Ministry of Agriculture and Rural Development.
Wholesaler Mega Market Vietnam (MM) on October 31 launched its first fruit depot in Ben Tre province to supply quality fruits and vegetables for both export and local markets.
The agro-fishery-forestry sector earned 32.6 billion USD from exports during the January-October period, up 8.1 percent year-on-year, according to the Agro Processing Market Development Authority (AgroTrade) under the Ministry of Agriculture and Rural Development.
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Vietnamese seafood processing and export enterprises are in the process of completing procedures and adopting necessary technologies to bring their products into the Halal market.
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The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Vietnam earned some 3.3 billion USD from vegetable and fruit exports during January-October. (Photo: VNA) 
