Fruits and vegetables are suddenly expensive in Vietnam

Published May 15, 2024

Tridge summary

In Ho Chi Minh City, vegetable prices have surged significantly, with tomatoes experiencing the highest increase, reaching up to 80,000 VND/kg for Beef tomatoes. The price hike, affecting leafy vegetables and other produce, is due to disrupted supply from Lam Dong province caused by extreme weather. Despite the higher prices, farmers are discontented due to the low supply. The situation is expected to stabilize in about a month with the rainy season's arrival. Additionally, Vietnam has increased its vegetable and fruit imports, spending 134 million USD in the first quarter of 2024, with notable imports of garlic, green beans, chili, and green onions.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At people's markets in Ho Chi Minh City, prices of vegetables have increased sharply. Among them, the price of tomatoes has increased the most, the retail price is about 50,000 VND/kg for regular tomatoes, 8-12 fruits/kg and about 80,000 VND/kg for Beef tomatoes. In addition, some leafy vegetables such as ash umbrella, watercress..., fruits and vegetables such as gourd, squash and spices also increased sharply. "Last weekend, I went to the market to buy things to cook hot pot for my family of 4. I lost more than 100,000 VND for vegetables alone" - Ms. Nguyen Thi Tram (Phu Nhuan district) said. Mr. Luu Lap Duc, Director of Agri Duc Tien Co., Ltd. (Lam Dong province) - specializing in supplying fruits and vegetables to supermarkets, said that at this time every year, tomato prices are high but usually do not exceed 30,000 VND. VND/kg. This year alone, the purchasing price from farmers has reached 36,000-40,000 VND/kg, depending on the type and is expected to increase further. In ...

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