link ae888

Insiders optimistic about durian export to China

Insiders believe in a bright prospect for durian export to China though the world’s largest durian consumer is expanding the cultivation of this fruit.
Fresh durians harvested for export. Vietnam harvests durian all year round, which is a competitive edge for the country’s businesses. (Photo: VNA)
Fresh durians harvested for export. Vietnam harvests durian all year round, which is a competitive edge for the country’s businesses. (Photo: VNA)

Hanoi (VNA)👍 – Insiders believe in a bright prospect for durian export to China though the world’s largest durian consumer is expanding the cultivation of this fruit.

China imports more than 1.4 million tonnes of durian each year. To meet the big demand, the country started piloting durian cultivation since the 1950s, but it was not until 2019 that large-scale farming was implemented in its island province of Hainan, the Thanh nien (Young people) newspaper reported. Nguyen Van Muoi, a representative of the Vietnam Gardening Association in the southern region, said though the durian farming area and productivity in China are increasing, they are not large enough to substantially affect other countries’ exports, including Vietnam’s. Even the combined volume from Thailand, Vietnam, and Malaysia is also not enough to meet China’s annual demand of nearly 1.5 million tonnes, he opined.
The Vietnam Fruit and Vegetable Association (VINAFRUIT) said Vietnam harvests durian all year round, which is a competitive edge for the country’s businesses. After southeastern provinces, localities in the Central Highlands will enter the main harvest season in August. This year, durian prices are likely to surge twice or thrice compared to current prices as traders may rush to purchase the fruit for export, the association predicted. Expressing optimism, VINAFRUIT General Secretary Dang Phuc Nguyen said the favourable geographical location enables Vietnam to harvest durian all year round, so China’s development of domestic cultivation hasn’t caused any considerable concerns yet. Besides, he went on, Thailand, the world’s top durian producer, is also feeling the competition pressure from Vietnam in the Chinese market, so it is moving to explore new markets.
VINAFRUIT said a protocol on the official export of frozen durian to China is being promoted and likely to be announced soon. China spends about 1 billion USD on importing frozen durian every year. If Vietnam can export this type of product via the official channel to the neighbouring market and hold a 30% market share, it can earn some 300 - 500 million USD in revenue, equivalent to about 10% of this year’s estimated durian export turnover, according to the association. Agricultural experts perceived that quality is the first issue needing attention to sustain markets and enhance competitiveness while there haven’t been any worrying sale problems. The emergence of durian has also led to rising prices of other farm produce like coffee and peppercorn.
The Department of Crop Production under the Ministry of Agriculture and Rural Development explained that profit from durian is still highest among all crops at present. Therefore, when farmers switch to cultivating durian, coffee and peppercorn output will decrease, thus fueling prices and further benefiting farmers./.
VNA

See more

A motorbike production line of Honda Vietnam — a Japanese company located in Phu Tho province. (Photo: VNA)

🐽 Phu Tho emerges as FDI magnet following mergence

In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Infraction levels will correspond to fines of 1-80 million VND, depending on the nature and number of invoicing violations. (Photo: vietnamfinance.vn)

☂ Maximum fine of 3,000 USD proposed for violating invoice regulations

Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
At the strategic partnership signing ceremony between Sun PhuQuoc Airways and Amadeus. (Photo: Sun Group)

🌄 Sun PhuQuoc Airways enters strategic partnership with Amadeus to build a five-star aviation technology ecosystem

A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
A local resident makes a bank transfer using the Momo app. (Photo: VNA)

🌜 Banks accelerate digitalisation, non-cash payments

Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
{dagathomo tructiep hôm nay}|{link ae888 city 165}|{dá gà thomo}|{trực tiếp đá gà thomo hom nay}|{sbobet asian handicap}|