Vietnam: Approaching Tet, vegetables have lost their season, prices have dropped by half, farmers in Da Nang face many difficulties

Fruits

Vegetables

Vietnam

Market & Price Trends

Published Jan 26, 2024

Tridge summary

Vietnamese farmers are grappling with a surplus of vegetables and fruits due to increased production and a trend of families growing their own produce as the Lunar New Year approaches. This has resulted in a significant drop in prices, making it difficult for some farmers to cover production costs. Despite some outlets offering stable prices, the overall trend is a sharp decrease. The situation is exacerbated by the influx of produce from Quang Nam and Gia Lai, and increased production during Tet. Farmers are hoping for a more stable consumption market as the Lunar New Year nears.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

On the occasion of the Lunar New Year 2024, farmers in many places sow popular vegetables and fruits such as: mustard greens, lettuce, coriander, green beans, bitter melon, cucumber... to meet the demand. peak market demand. However, many vegetable growing areas inside and outside the locality have increased production, making the source abundant and the supply large. In addition, as Tet approaches, many families keep the habit of producing clean vegetables at home, minimizing spending, and demand does not increase sharply. This has led to a surplus, and the price of fruits and vegetables produced by local farmers has dropped. In the vegetable area of Tuy Loan Safe Vegetable Production and Consumption Service Cooperative (Hoa Phong commune, Hoa Vang district), there are more than 40 households cultivating on an area of 8 hectares. To supply the Tet market, farmers started sowing seeds from the 11th lunar month, now it is harvest time. Ms. Lam Thi Huong (65 years old) sadly said: ...

Source: Danviet