Vietnam's fruit and vegetable industry is expected to export 6-7 billion USD in 2024

Fruits

Vegetables

Vietnam

Market & Price Trends

Published Mar 15, 2024

Tridge summary

Vietnam's fruit and vegetable market is experiencing rapid growth, with a focus on high-quality and specialty varieties. Despite having the capacity to process 12 million tons of products annually, only over 446,000 tons are deeply processed, presenting an opportunity for Dutch and Vietnamese businesses to invest in deep processing production lines. The industry, however, faces challenges such as technical barriers on plant quarantine, food safety, and preservation technology, limiting exports to high-end markets like the US and Europe. To overcome these, cooperation in science and technology with foreign businesses, breed selection, and safe cultivation and management are suggested.

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

This industry is also assessed to have great potential for development and expanding export markets to major markets. To take advantage of this opportunity, gardeners and export distribution businesses need to quickly change production methods, apply technology, update market trends for sustainable development, and improve product quality. Meet the strict requirements of large, demanding markets. Bringing high technology and seeds suitable for the tropics of the Netherlands to Southeast Asian countries, said Mr. Kang Chengrui, General Director of East West Seed - Two Red Arrows - high quality seeds East West Seed products have come to Vietnamese farmers in recent years, including: Cucumbers, tomatoes, gourds, papayas, mustard greens, corn, lettuce, watermelons, melons... accounting for 40%. market share in Vietnam. Mr. Kang Chengrui assessed: "The fruit and vegetable market in Vietnam is developing very quickly. In recent years, the market trend has shifted from average ...

Source: Voh