Chinese grapes flood into Vietnam

Five years ago, China mainly exported green and red seedless grapes to Vietnam. In the past two years, the market has become more diverse with mid-range to high-end grapes. Grape varieties such as peony, red queen grapes, and black grapes - originally imported from the US, Japan, and Korea - have now been successfully grown in China and exported to Vietnam at low prices. Ms. Lan Anh (Go Vap) just bought a 5 kg basket of peony grapes for VND230,000, or only VND46,000 per kg. If bought individually, the price is only VND90,000 per kg. This is a 30% decrease compared to the same period last year. She recalls that five years ago, Japanese peony grapes cost up to several million VND for a 0.7 kg bunch, but now grapes grown in China, although their quality is only 80-90% of that of Japanese goods, are much cheaper. Similarly, Ms. Hanh (Binh Thanh) also said that she did not dare to spend money on buying queen grapes because of the high price, but now imported goods from China are ...