Banana exports poised to reach US$4bil in near future


With strong export potential and high adaptability to various climates, bananas are increasingly viewed as the next key pillar of Vietnam’s fruit industry. — VNA/VNS

HANOI: Vietnam’s banana industry has the potential to achieve an export value of US$4bil, according to Pham Quoc Liem, chairman of U&I Agriculture Corp (Unifarm).

He noted that this figure would translate to a minimum production value of US$20,000 per ha, nearly 10 times higher than the current average.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Indonesia treads with care
Beauty lovers turn to TikTok and Amazon
Pricey beans�brew consumer shift
Guiding rural Thais to prosperity
Asia rides the dollar dip
EM optimism after stellar year
Trump travel ban adds to Caribbean woes
Philippine stocks set for recovery
Bull charges cautiously
Bursa’s quiet year sets stage for comeback

Others Also Read