HANOI (Bernama-Xinhua): Vietnam's exports of fruit and vegetable are forecast to reach US$6.5 billion (RM31 billion) this year, after setting a record of nearly US$5.6 billion in 2023, Vietnam News reported Friday, citing the Ministry of Industry and Trade.
Bright export prospects are fuelled by a huge demand from the Chinese market, with Vietnam negotiating for the official export of more types of fruits, the newspaper said.
General Secretary of Vietnam Vegetable and Fruit Association Dang Phuc Nguyen predicted that the fruit and vegetable exports would expand by 15-20 percent in 2024 to set a new record high with the value exceeding US$6 billion or even US$7 billion.
In the first month of 2024, the country's fruit and vegetable exports hit US$510 million, an increase of 24.9 per cent over December and 112.1 per cent year on year.
Last year, many Vietnamese fruits saw impressive growth in export, such as durian by 430.1 per cent to US$2.2 billion, dragon fruit by US$523 million, and jackfruit by US$168 million. - Bernama-Xinhua