Tridge summary
The Vietnam Fruit Festival in Beijing highlighted the surging demand for tropical fruits in the northern Chinese market, particularly for high-quality products. Yongxin Heng Chang Co., Ltd. is planning to increase its import of Vietnamese bananas from the current 30% to 50%-60%, given the competitive pricing and quality improvements desired by Chinese consumers. Similarly, Beijing Freshcare International Trading Co., Ltd. is looking to source more durians from Vietnam to meet the large demand in China. The Ministry of Industry and Trade in Vietnam is actively promoting Vietnamese fruit exports to China, which have seen significant growth with the potential to reach a record $5 billion this year. The festival served as a platform for Vietnamese businesses to understand the Chinese market and improve production methods to better cater to Chinese consumers' quality expectations.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The bustling trading and networking scene at the Vietnam Fruit Festival held at the Tan Phat Dia Agricultural Products Distribution Center, Beijing's largest fruit wholesale market, has partly shown the huge demand for tropical fruits in the northern Chinese market - where Vietnamese products have not yet reached many. Mr. Truong Trung Nghia, General Director of Yongxin Heng Chang Co., Ltd., who is known as the "Banana King" in Tan Phat Dia, said that his company's demand for bananas from Vietnam is very large, but quality is what he is particularly concerned about. According to Mr. Nghia: "Vietnamese bananas account for about 30% of the goods we import, Cambodia about 40%, the rest are domestic goods. Through the trade connection conference at the Fruit Festival, we have contacted more Vietnamese farm owners. We plan to increase the amount of bananas imported from Vietnam to 50%-60%. Vietnamese fruits have many advantages, but I hope that more high-quality products will be ...
Source: Vov
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
Related market data
What to read next
Read more relevant content
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.