Processed fruit and vegetable exports in Vietnam could set a record of 1.4 billion USD this year

Published 2024년 8월 31일

Tridge summary

Vietnam is set to have a record year in processed fruit and vegetable exports, with a projected turnover of 1.4-1.5 billion USD, according to the General Secretary of the Vietnam Fruit and Vegetable Association, Mr. Dang Phuc Nguyen. This comes as Vietnam signs a protocol to export frozen durian and fresh coconut to China, a significant move boosting fruit and vegetable exports, particularly processed products. In the first 7 months, processed fruit and vegetable export turnover reached 800 million USD, an 11.4% increase from the same period last year, with demand mainly from the US, China, EU, Japan, and South Korea. However, geopolitical fluctuations and economic recessions in major markets, along with increasing raw material prices, could impact business profits. The government is urged to support the processing industry to ensure sustainable development and price stability for agricultural products.

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Original content

Speaking to VnExpress, Mr. Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association, predicted that this year will be a new record year for processed fruit and vegetable exports with a turnover of 1.4-1.5 billion USD. Although the growth rate of this group is slower than that of fresh fruit and vegetables, they still contribute significantly to stabilizing prices and increasing the value of goods. "Processed fruits and vegetables not only help prolong the preservation time but also increase the value of goods 3-4 times compared to fresh products," he said. Vietnam signed a protocol on August 19 to officially export frozen durian and fresh coconut to China. According to businesses, this will be an important boost for Vietnam's fruit and vegetable exports, especially processed products. Mr. Nguyen Lam Vien, Chairman of the Board of Directors of Vinamit Joint Stock Company, who has more than 30 years of experience exporting dried fruits to China, said ...

Source: VNExpress