Vietnam: The price of American yellow cherries fell to less than 500,000 VND per kg

Ms. Hoa, the owner of a fruit shop on Nguyen Chi Thanh Street (District 5), said that she had just officially imported 10 boxes of yellow cherries from the US (4 kg a box) and retailed for 470,000 VND per kg. "This price is lower than last year's 100,000-200,000 VND per kilogram," she said. The price has dropped sharply, so yellow cherries are currently quite attractive. At Ms. Linh's store in District 2, after selling out the first batch, she has just imported 30 more boxes for the new batch and has been ordered by customers for 80%. "This year's supply is quite abundant, the price is soft, so customers love it," she said. According to Ms. Linh, each kilogram of yellow cherry is being retailed for 500,000 VND, down 23% compared to last year. If the customer buys the whole box (4 kg), she sets the price for 1.88 million VND (about 470,000 VND per kg) - this is the lowest price ever. According to a fruit importer in Ho Chi Minh City, the amount of American cherries coming to ...