Market developments, characteristics of agricultural seasons in some localities in Vietnam

Published 2021년 6월 26일

Tridge summary

The article highlights the impact of the Covid-19 pandemic on agricultural markets in Vietnam, with low commodity prices affecting income and life of people. It discusses the challenges of large stock surpluses, cancelled or suspended export contracts, low prices for certain fruits due to oversupply and lack of deep processing facilities, and the influence of the pandemic on consumption and transport. Despite these challenges, prices for some agricultural products in Long An province are relatively stable. The article also mentions the effects of an upcoming fee for seaport infrastructure in Ho Chi Minh City on transport costs and the need for sufficient testing capacity and unified standards for Covid-19 safety in agriculture.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to statistics of the local Department of Industry and Trade, the Ministry of Industry and Trade, in the situation of the Covid-19 epidemic in the country is developing rapidly and complicatedly, production, business activities and consumption of agricultural products are facing many difficulties. difficult situation, commodity prices are low, which has affected the income and life of people in the province. Currently, many localities are in the harvest season of many fruits and fruits, including lychee of Bac Giang province, Hai Duong province, Longan, mango of Son La... In Dong Thap province Currently Some agricultural products in Dong Thap province are in stock in large quantities. In which, purple sweet potato products are backlogged with an output of 8,494 tons because mainly traders do not buy or buy very little. In the coming time, a number of products will be harvested such as: chili peppers with an estimated output of 32,145 tons by the end of the season; ...
Source: Vinanet

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.