Vietnam: Vegetables have lost their value, farmers have no profit

At this time, most green vegetables in Tien Giang province have decreased in price by 20-30% compared to the same crop last year and halved compared to before the traditional Giap Thin Tet; Among them, the price of Bok choy has dropped the deepest, only ranging from 1,500 - 2,000 VND/kg, water spinach 3,000 VND/kg, pennywort, laksa leaves, chives around 5,000 VND/kg. There are times when farmers' vegetable fields reach the harvest stage and there are no traders coming to buy them, so they have to harvest them for cattle and fish to eat... Meanwhile, in dry times, the water source in irrigation canals gradually depleted, the cost of pumping water to supply vegetables increased, so farmers did not have high profits like previous years, and even grew many types of vegetables at a loss. According to traders, vegetable prices have dropped sharply due to increased output in the Winter-Spring crop and the large amount of vegetables from Da Lat and even imported vegetables, leading to ...