Vietnam earns 2.7 billion USD from veggetable and fruit exports in the first eight months of 2018 (Source: VNA)
Hanoi (VNA) – Vietnam’s fruit and vegetable exports are likely tosurpass 4 billion USD this year, thanks to an average monthly growth of over 14percent.
According to the Import-Export Agency under the Ministry ofIndustry and Trade, Vietnam earned 2.7 billion USD from veggetable and fruitexports in the first eight months of 2018, a year-on-year rise of 14.1 percent.
China continued to be the largest importer of Vietnamesevegetables and fruits, with a turnover of nearly 2 billion USD, up 11.6 percentagainst the same period last year.
The country was followed by the US, Thailand and Australia.
The result is attributed to the similarity in demand, habitsand consumer taste and close geographical distance between Vietnam and China.However, requirements for product quality of the Chinese market are increasingas the common trend of the world.
The Ministry of Agriculture and Rural Development said itwill continue encouraging farmers across the country to replace rice in areasproducing low output with other crops of higher economic value such as fruittrees, vegetables or flowers.
The Ministry will also push the use of high-quality seedsand seedlings along with advanced farming technology in agriculture to improvethe value and competitiveness of domestic farm produce.
Last year, Vietnam’s fruit and vegetable export valueexceeded 3.5 billion USD. The sector is striving to reach a year-on-year growthof 10-15 percent this year, or around 4 billion USD.-VNA
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Vietnam has exported its fruits to high-standard markets in recent years, such as the US, the European Union and Japan, but increasing export volume is not an easy task.
Vietnam’s vegetable and fruit exports in August this year is estimated at 346 million USD, pushing the total revenue in the first eight months of this year to 2.7 billion USD, up 14.1 percent over the same period last year.
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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.
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Vietnam earns 2.7 billion USD from veggetable and fruit exports in the first eight months of 2018 (Source: VNA) 
