Friday, August 1, 2025 12:08:11 PM - Markets open
VN-INDEX 1,496.46 -6.06/-0.40%
HNX-INDEX 265.55 -0.79/-0.30%
UPCOM-INDEX 106.34 +0.55/+0.52%
Thailand expected to record growth in Vietnamese fruit and vegetable imports
vietnamnews - 8/27/2024 1:37:28 PM
 (0 ratings. You must sign in to rate.)
Thailand, which previously ranked sixth after Japan and Taiwan (China), has climbed to fourth place with a seven-month export value of $123 million, a 70 per cent increase compared to the same period last year.
 
 
Durian is ready to be harvested in Tiền Giang. Thailand has increased its orders for frozen durians, leading to a significant rise in export volumes. — VNA/VNS Photo
 
 In the first eight months of the year, fruit and vegetable exports from Việt Nam reached nearly US$4.6 billion, a 29 per cent increase year-on-year, with Thailand expected to continue recording the impressive growth of imports.
 
Thailand experienced the highest growth in imports of Vietnamese agricultural products during the first seven months of the year, according to figures released by the Việt Nam Fruit and Vegetable Association based on customs data.
 
The country, which previously ranked sixth after Japan and Taiwan (China), has climbed to fourth place with a seven-month export value of $123 million, a 70 per cent increase compared to the same period last year.
 
Ngô Tường Vy, CEO of Chánh Thu Company, said that in the first half of this year, Thailand ramped up its purchases of Vietnamese longans, lychees and durians. In particular, Thailand has increased its orders for frozen durians, leading to a significant rise in export volumes.
 
Secretary General of the Việt Nam Fruit and Vegetable Association Đặng Phúc Nguyên added that Vietnamese durians are available year-round, while Thailand only has seasonal durians.
 
The El Nino-induced drought has severely impacted Thailand this year, resulting in a decline in durian yields and the fruit's size does not meet standards.
 
As a result, Thailand has increased its imports of durians from its neighbour, with some shipments being re-exported to China.
 
Large Thai retail corporations are also importing dragon fruit, longans and lychees from Vietnam to sell in their supermarket chains.
 
The import volume from Vietnam by these companies has doubled compared to the same period last year, contributing to the significant growth in fruit and vegetable export turnover to Thailand.
 
China remains the largest market importing nearly $2.5 billion worth of fruits and vegetables from Việt Nam in the first seven months, up 25 per cent year-on-year.
 
Following China are the US and South Korea, with export values of $189 million and $188 million, respectively, representing increases of 31 per cent and 51 per cent.
 
According to Nguyên from the Việt Nam Fruit and Vegetable Association, when there is a free trade agreement, countries will impose technical barriers. This requires Vietnamese producers and exporters to continuously update their knowledge of import regulations in various markets to comply promptly. — VNS
 
Read original article here
 
Newer News
29/07 Some proposes CIT top rate of 35 per cent to be removed to encourage productivity
29/07 Long Thành poised to join Asia’s next generation of mega airports: OAG
28/07 Steel sector turns to domestic market amid export difficulties
23/07 US reviews anti-dumping, countervailing duties on certain Vietnamese products
23/07 PM urges stronger investment in waterway transport to boost logistics
23/07 Việt Nam emerges as potential new star in global AI landscape
17/07 Việt Nam’s credit conditions to remain stable in H2 2025
17/07 Circular economy seen as key to sustainable agriculture
11/07 Car sales increase sharply in June
09/07 UOB raises Việt Nam’s GDP growth forecast to 6.9 per cent for 2025
Older News
27/08 Limited resources and a lack of incentives hindering eco-innovation
27/08 World Bank forecast that VN’s economy will expand by 6.1 per cent in 2024
26/08 RoK boosts agri-equipment exports to Vietnam
26/08 At least 30,000 food and beverage stores in Vietnam closed in H1
26/08 Ministry auctions import of 126,000 tonnes of sugar
26/08 Opportunity for Vietnam as Indonesia increases rice tender volumes
26/08 New policy promotes green banking development in Vietnam
26/08 Clean electricity export: a bumpy road ahead
23/08 HCM City seminar discusses AI trends in marketing
23/08 EVN, TKV work to ensure adequate coal supply for electricity production
 
Newsletter Signup
Top Stories
From pioneer to leader: Việt Nam's stock market hits 25-year milestone
New tax plan could discourage stock investment: insiders
MoF proposes 20% tax on capital gains from securities and equity transfers
HNX halts new stock listings in exchange restructuring
Market begins July with optimism, strong foreign investment
Market Update
Last updated at 12:05:01 PM
VN-INDEX 1,496.46 -6.06/-0.40%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.