Among the various Vietnamese goods exported to Australia, agricultural, forestry, and aquatic products, along with fruits and vegetables, still have much room to grow. They are now widely available in Australia, even reaching remote areas such as the Northern Territory.
Vietnam's vegetable, flower and fruit industry needs strong changes from production to trade promotion to increase value and develop brand, heard a seminar held in Ho Chi Minh City on January 8.
Nineteen Vietnamese enterprises are attending Asia’s premier fresh fruit and vegetable trade show - Asia Fruit Logistica, which is underway in Hong Kong (China) from September 4-6.
Vietnam’s fruit and vegetable export turnover is likely to hit a record high of 7 billion USD in 2024, driven by the current momentum and steady double-digit growth in recent times.
Maintaining last year's growth momentum, the exports of many Vietnamese agricultural products posted strong performance in the first months of this year.
Vietnam’s fruit and vegetable exports in the first two months of this year surged nearly 40% to almost 750 million USD, which is expected to peak at about 7 billion USD this year.
Vietnam’s fruit and vegetable export turnover hit a new record in reaching nearly 5.6 billion USD in 2023, exceeding the plan by 40% and increasing nearly 66% over the same period of 2022. It also leads the agriculture product group, surpassing key crops such as rice, cashew nuts, coffee, and cassava.
The Vietnam Vegetable and Fruit Association (VINAFRUIT) estimated that Vietnam’s fruit and vegetable exports will top 5.5 - 5.6 billion USD, which is a new record, in 2023.
Farmers in the Mekong Delta province of Dong Thap have switched to growing short-term crops and perennial trees and breeding aquatic species on nearly 5,000ha of paddies.
As one of the few sectors reporting export turnover increase in the first quarter of 2023, Vietnam's vegetable and fruit sector has a bright outlook to earn 4 billion USD in export revenue this year.
Vietnam's annual fruit and vegetable output has reached 31 million tonnes, but processing rates are only around 12% to 17%. As a result, the processing industry only meets about 8% to 10% of the fruit and vegetable output's annual output.
Vietnam's fruit and vegetable export value in January reached 301 million USD, a sharp increase compared to 260 million USD in the same period of 2021.
The Mekong Delta province of Tien Giang plans to turn 7,700ha of unproductive rice fields into high-value crops to adapt to climate change and natural disasters in the 2020-2025 period.