Vietnamese banana exports to China are in trouble, with wholesale prices less than 0.6 yuan/kg

According to Vietnamese media reports, a number of temporary banana sales stalls have recently appeared on the streets of some areas in Ho Chi Minh City, Vietnam, selling bananas originally intended for export at a price of 6,000 VND/kg, equivalent to approximately RMB 1.76/kg. It is understood that these bananas come from banana orchards in Dong Nai Province, Vietnam. Due to difficulties in exporting bananas to China, they have to be sold at low prices on the streets. However, sales are very slow. It takes two days for each temporary stall to sell about 1 ton. At the same time, banana prices are still falling. Dang Phuc Nguyen, secretary-general of the Vietnam Fruit and Vegetable Association, said that bananas are one of Vietnam's three main export products to China, accounting for about 10% of Vietnam's total fruit and vegetable exports to China. At the end of 2022, Vietnam and China officially signed an agreement to export fresh fruits and vegetables to China. Banana protocol. ...