Hanoi (VNA) – Vegetable and fruit export revenue is hopedto hit a new record of 3.6 billion USD in 2017, with bumper crops forecast forthe rest of the year.
As of September 15, exports of the products hit 2.49 billion USD, up 46.7percent from the same period last year, faster growth than the country’s overallexport growth.
Last year, vegetable and fruits ranked 14th out of 24products with export revenue of over 1 billion USD, above crude oil, rice,plastics and steel.
Currently, Vietnam has about 820,000 hectares of fruit farms, including92,000 hectares of rambutan, 86,000 hectares of citrus fruit trees, 84,000hectares of mango, 73,000 hectares of longan and 1,000 hectares of grape farms.
Output of longan this year is forecast to reach 512,000 tonnes, whilethat of citrus fruits is 741,000 tonnes, rabutan 721,000 tonnes and mango702,000 tonnes.
Thanks to agricultural reform and the development of agriculturaltechnology, the production of fruits is rising.
In the first eight months of this year, Vietnamese fruits were sold in14 foreign markets with leading ones including China, Japan, the US, theRepublic of Korea, the Netherlands, Malaysia and Thailand.-VNA
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Vietnamese dragon fruit went up for sale at Australian grocery stores from September 24 after nine years of negotiations, following lychees and mangoes.
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A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
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.
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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.
Illustrative photo (Source: VNA) 
