Why Vietnam's USD 3.52B fruit and vegetable export industry was not disrupted by COVID-19

Published 2021년 12월 29일

Tridge summary

Despite the challenges of 2021, Vietnam's fruit and vegetable industry experienced an 8% increase in export turnover, reaching US$3.52 billion. The industry also saw an expansion in the growing area of key fruit trees. The Covid-19 epidemic has impacted production, but businesses have adhered to epidemic prevention controls and have been vaccinated, ensuring stable exports. The industry has potential for growth, especially in the EU, Exrael, and Japan markets, if GlobalGAP standards are met. Khue stressed on the importance of having a stable raw material area for investment in processing systems and suggested businesses to collaborate with cooperatives and requested banks to offer loans to the industry.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Speaking at the conference to summarize the Agriculture and Rural Development sector in 2021 on the morning of December 29, under the chairmanship of Prime Minister Pham Minh Chinh, Mr. Dinh Cao Khue - Chairman of the Board of Directors of Dong Giao Import-Export Joint Stock Company (Doveco), Vice Chairman of the Association. According to the Vietnam Fruit and Vegetable Association, 2021 is a difficult year not only in Vietnam but in all countries around the world. However, with timely direction, especially from the Prime Minister, fruit and vegetable production and farmers should not be disrupted. "By the end of December 2021, the export turnover of the fruit and vegetable industry reached US$3.52 billion, an increase of 8% compared to 2020. Of the 10 major export markets, China increased by 4%, the United States increased by 33%. , South Korea increased by 8%, Japan increased by 21%, Taiwan (China) increased by 36%..." - Mr. Khue said. Notably, in 2021, the country's fruit ...

Source: Danviet