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Bac Giang’s lychee value estimated at 240 million USD

Thieu lychee, a unique fruit of the northern province of Bac Giang, is expected to record 5.5 trillion VND (240.28 million USD) in value this year if it can retain its current price until the end of the fruit season.
Bac Giang’s lychee value estimated at 240 million USD ảnh 1Bac Giang lychees (Photo: VNA)
Bac Giang (VNS/VNA) - Thieu lychee, a unique fruit of thenorthern  province of Bac Giang, is expected to record 5.5trillion VND (240.28 million USD) in value this year if it can retain its currentprice until the end of the fruit season.

A report from the province shows that it had consumed about 125,630 tonnesof Thieu lychee as of June 19, bringing in a revenue of 3.4 trillionVND.

China is the main export market for this fruit. At present there are about1,650 traders, mainly purchasing lychee in Luc Ngan district, a hub of Thieu lychee.There are more than 150 Chinese traders in this area alone.

Chairman of Luc Ngan district Nguyen Thanh Binh said there were a number ofcompanies exporting lychee to the US, Japan, the Netherlandsand Australia.

The price of Thieu lychee, which is grown under Vietnamese GoodAgricultural Practice (VietGAP) standards, is currently between 20,000-28,000 VNDper kilo (0.89 - 1.24 USD), meanwhile normal lychee is priced at 12,000-20,000 VNDper kilo on average.

The district has 15,290 ha of Thieu lychee, of which nearly 11,500are being grown under VietGAP standards. Nearly 220ha has been granted areacode numbers by the US Agriculture Department and 20ha have been recognised asGlobalGAP standard, a global farm assurance programme translating consumerrequirements into Good Agricultural Practice.

According to the provincial Department of Industry and Trade, the province hasworked with distributors and retailers such as Big C, Co.oppart and Hapro toenter its products to supermarket chains.

Earlier, Luc Ngan district successfully organised a trade promotion conferencepushing to export Thieu lychee to China, which is the largestexport market of Thieu lychee, accounting for 90 percent of totalexport.

General Director of Dong Giao Food Export Joint Stock Company Dinh Cao Khuesaid the quality of Bac Giang lychee this year was very good, with just 1-2 percentbeing infested by pests.

“We plan to harvest about 10,000 tonnes of Thieu lychee in Luc Ngandistrict, in which 4,000 tonnes will be exported to Japan,” said Khue.

The company now has 10 points of purchase in the province for lychee, includingthose for export, for canning and for making juice.

A Thao, a business person from China, told the Vietnam NewsAgency that he was purchasing lychee to sell in Beijing. He boughtabout 60 tonnes of lychee per day at a price ranging from 23,000 VND to 25,000 VNDper kilo.

“China has a lot of lychee but the Vietnamese fruit is more delicious andsweeter with a more beautiful colour. Chinese people prefer them, even thoughthey’re more expensive than Chinese lychee,” said Thao.

Director of Hung Thao Trade and Export Company Ltd., Dinh Van Hung said thisyear’s harvest was good and his company’s sales were high.

He said his company planned to purchase about 8,000 tonnes to sell in variousretail chains, especially Co.opmart in HCM City and exportsto China.

“I think that the price of lychee will increase in the coming timeas China finishes its lychee season. At present, my company ispurchasing at the price of between 20-23,000 VND per kilo,” said Hung.

Luc Ngan district has successfully registered brand protection in eightcountries including Laos, Cambodia, the Republic of Korea, China, Japan,Singapore, the US and Australia.-VNS/VNA
VNA

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