Vietnam: Prices of green vegetables and tomatoes skyrocketed

Published May 16, 2024

Tridge summary

Vegetable prices in Ho Chi Minh City have surged due to a sharp decrease in supply caused by unusual weather conditions affecting key growing areas like Lam Dong and Cu Chi. Tomatoes have seen a significant price increase, with regular tomatoes rising from 25,000 VND to 50,000 VND per kg and beef tomatoes reaching 80,000 VND per kg. Other vegetables such as lettuce, watercress, and spinach have also experienced price hikes. Traders are facing difficulties in sourcing vegetables, but prices are expected to stabilize with the upcoming harvest. Additionally, Vietnam's fruit and vegetable imports rose by 4% in the first quarter of 2023.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Recorded at traditional markets in Ho Chi Minh City, vegetable prices have continuously increased sharply in recent days. In particular, tomatoes have a sudden increase, from 25,000 VND to 50,000 VND per kg for regular goods and 80,000 VND for beef tomatoes (large, sweet fruit). This level is double the level at the beginning of the year and increased 15% over the same period last year. In addition, lettuce, watercress, and spinach also cost 50,000-70,000 VND per kg, an additional 20,000-35,000 VND more expensive. Scallions and other spices all increased by 50% compared to the beginning of the year and 15% compared to the same period last year. Ms. Hanh, in Go Vap district, said yesterday she went to the market to buy a beef tomato for 15,000 VND. "I didn't expect this item to increase so high when last week it was only 5,000-7,000 VND per fruit. Calculating that a kilogram of beef tomatoes is more expensive than industrial chicken (70,000 VND per kilogram)," Ms. Hanh admitted. ...
Source: VNExpress

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