Mango growers make high profits by selling goods to supermarkets in Vietnam

Fresh Mango

Fruits

Vietnam

Market & Price Trends

Published Mar 24, 2024

Tridge summary

Despite a 30% decrease in yield due to unusual weather, Vietnamese mango growers are still making a profit as prices have increased by about 20% compared to last year. High-quality Vietnamese mangoes are popular in both domestic supermarkets and international markets such as the US and New Zealand, outperforming imports from Cambodia and Thailand in terms of quality and price. To stimulate demand, supermarkets are offering up to 40% discounts on mango products. An Giang province, a major mango producer, is looking to diversify distribution channels to reduce dependence on foreign markets.

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Original content

Speaking to VnExpress, Mr. Hoang, a gardener in An Giang, was "excited" because this year's mango price increased by about 20% compared to last year. Each kilogram of three-color mangoes is priced at 15,000 VND for grade 1 goods and 10,000 VND for bulk goods. For Hoa Loc mango, the price is also 30,000-33,000 VND per kg. In this case, one hectare of mangoes earned a profit of about 80-120 million VND, although this year's yield decreased by 30% due to unusual weather. Mr. Thang in Dong Thap, who is making a profit every day from Cat Chu Vang mangoes, said the quality of mangoes this year is higher than ever. Eye-catching colors and standard sizes are popular with domestic supermarkets and the US and New Zealand markets. "This type of fruit has small fruits, a sweet scent and is not fibrous like many other varieties, so it is very attractive to customers," Mr. Thang explained. Managing 600 growing households in An Giang, Mr. Tran Quang Truong An, Director of GAP Cho Moi Fruit ...

Source: VNExpress