Vietnam: Lack of capital in Mekong Delta fruit sector

Published 2022년 1월 10일

Tridge summary

The Mekong Delta in Vietnam has seen a rise in fruit productivity and quality, thanks to advanced techniques and investment, but the Covid-19 epidemic has affected consumption. In 2022's first quarter, fruit production is expected to reach 1.6 million tons, but challenges persist due to low prices and high logistics costs, which threaten the region's competitiveness in the global fruit market. The high cost of complying with VietGAP and Global GAP standards, manual harvesting losses, and infrastructure issues such as inadequate cold storage and fragmented logistics chains further exacerbate the difficulties. Solutions include improving quality, reducing logistics costs, and developing a more efficient supply chain to enhance the competitiveness of Mekong Delta fruits.

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

Original content

Lack of capital under GAP, weak harvest In recent years, the productivity and quality of fruits of the Mekong Delta have continuously increased thanks to the application of scientific and technical advances, intensive investment in farming, and the selection and use of new varieties. Famous fruits such as Hoa Loc mango, Cao Lanh mango, Lo Ren star apple, Chin Hoa durian, green skin pomelo... are always favored by domestic and foreign markets. However, in 2021, consumption will face many difficulties due to the impact of the Covid-19 epidemic. Mr. Le Thanh Tung, Deputy Director of the Department of Crop Production, forecast that in the first quarter of 2022, fruit production in the Mekong Delta will reach about 1.6 million tons, but consumption will continue to face difficulties. In the context of increasingly fierce competition in the world fruit market among exporters, it is necessary to research and come up with solutions to improve the quality of Vietnam's fruit. That is the ...

Source: Sggp