Better processing, market expansion needed for fruit, vegetable sector
Given numerous difficulties predicted for fruit and vegetable sale both at home and abroad in 2022, Vietnamese businesses have been recommended to improve processing and expand their market right from the year’s beginning, the Nhan dan (People) daily reported.
Workers process pineapple for export at a factory in the Mekong Delta province of An Giang (Photo: VNA)
Hanoi (VNA) –Given numerous difficulties predicted for fruit and vegetable sale both at homeand abroad in 2022, Vietnamese businesses have been recommended to improve processing and expand their market right from the year’s beginning, theNhan dan (People) daily reported.
Fruit and vegetable exportsgenerated 3.52 billion USD in revenue last year, becoming one of the six groupsof commodities posting export turnover of over 3 billion USD.
Southern provinces producemore than 10 million tonnes of vegetables per year. The first quarter’s outputconcentrates in January, over 60 percent.
Estimates show that if eachpeople consumes about 10kg of vegetables each month, the remaining 2.5 milliontonnes in Q1 will need processing, according to Deputy Director Le Thanh Tungof the Crop Production Department at the Ministry of Agriculture and RuralDevelopment (MARD).
Interms of fruit, dragon fruit generates the highest output, 1.4 million tonnesper year, followed by banana (over 1 million tonnes), mango (over 800,000tonnes), and durian (over 600,000 tonnes). Among them, dragon fruit, jackfruit,pomelo, banana, and mango face the biggest sale pressure in Q1.
Althoughthe Mekong Delta produces the majority of the fruit output, it still lacks processingfacilities. As a result, local farmers mainly sell fresh fruit and may face risksif there are any changes in import markets during the harvest season.
Nhan dan cited Nguyen Quoc Toan, Director of the MARD’s Agro Processingand Market Development Authority, as saying that Vietnam turns out some 28million tonnes of fruit and vegetables annually, but it has only 237 processingestablishments at present. This weakness has led to a considerable excess in freshproduce whenever the harvest season comes.
To solve this problem, businesses should improve their processingcapacity while farmers and cooperatives need to ensure production meets standardsto guarantee qualified materials for processing.
Meanwhile, the recent congestion of thousands of lorries carrying fruitfor export to China at northern border gates also pointed out the urgent needto switch from small-scale unofficial export to the official one, further boostsale in the domestic market with growing demand, and step up shipments to otherpotential markets like Japan, Australia, and India.
It is also necessary to diversify sale forms such as via e-commerceplatforms, which has proved highly useful during the recent COVID-19 outbreaks,according to Toan./.
As vegetarians make up a large proportion of Indian population and people in the country consume imported dragon fruit at weddings, it is a huge potential market for Vietnam’s dragon fruit, according to trade counsellor Bui Trung Thuong.
A series of large consignments of many industries have been exported to other countries before and during the Tet (Lunar New Year) festival signal hope for Vietnam’s export.
Vietnam’s fruit container trucks have been allowed custom clearance through China earlier than expected despite China's original plan to cease custom clearance for a week for the Lunar New Year holiday.
The northern province of Bac Giang will pay attention to developing e-commerce, expanding markets for agricultural products, especially typical ones, according to Deputy Director of the provincial Department of Industry and Trade Pham Cong Toan.
The EU is an important, traditional and potential partner of Vietnamese agricultural products, especially when the EU-Vietnam Free Trade Agreement (EVFTA) comes into effect, creating a great opportunity to boost agro-forestry-fishery trade, stated Minister of Agriculture and Rural Development Le Minh Hoan.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.