Vietnam: Purple sweet potatoes backlogged thousands of tons, dragon fruit depreciated, farmers suffered heavy losses

Published 2021년 6월 27일

Tridge summary

Vietnam's agricultural sector is facing challenges due to a shrinking export market and low domestic consumption. There is a backlog of agricultural products in Dong Thap province, including purple sweet potato, due to lack of interest from traders. In Dak Lak province, agricultural export contracts have been canceled or suspended due to Covid-19 requirements and insufficient testing capacity. The pandemic has also led to a drop in prices for fruits like avocado and pineapple due to oversupply and limited consumption. In Long An province, the distribution system for red flesh dragon fruit is disproportionate to the production output, leading to a price gap between purchase and export prices.

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

Original content

Difficulties pile up when the export market shrinks and domestic consumption struggles, so Vietnam's agricultural products need radical and synchronous solutions to both ensure output and maintain value. trademark. Report of the Ministry of Industry and Trade, currently, a number of agricultural products in Dong Thap province are backlogged 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, some products will be harvested such as: chili peppers with an estimated output of 32,145 tons at the end of the season; Pangasius, basa with an estimated output of 184,587 tons... In Dak Lak province, a number of agricultural export contracts have been canceled or suspended with foreign partners and some agricultural product importing countries have required Covid-19 testing for agricultural products. However, at present, the province's testing capacity is not ...

Source: Industry and Consumption Newspaper