Tuesday, March 26, 2019 8:50:24 AM - Markets open
VN-INDEX 970.07 0.00/0.00%
HNX-INDEX 106.76 +0.35/+0.33%
UPCOM-INDEX 56.87 +0.09/+0.17%
Vietnam an ideal market for foreign fruit exporters
VietnamPlus - 3/8/2019 1:39:42 PM
 (0 ratings. You must sign in to rate.)
In recent years, many foreign fruit exporters have entered Vietnam to take advantage of local people’s rising popularity of imported fruit in the country.
Last year, the total amount of foreign fruit consumption in the country reached 1.7 trillion USD, and is expected to continue to increase.
In the last three years, many foreign fruit exporters have been looking for import partners in Vietnam.
Last week, the three biggest grape growers from Sunraysia, Australia, representing the Australian Table Grape Association Inc, and the Australian trade agency (Austrade) promoted their high-quality fresh grapes to consumers in Hanoi and HCM City.
Vietnam is the 7th largest import market for fresh grapes in Australia. Australian grape export companies have organised many activities to promote their products to Vietnamese customers, according to Jeff Scott, director of Australian Table Grape Association Inc.
Besides grapes, cherries are one of Australia’s major fruit exports. Last year, Australia sold almost 350 tonnes of cherries to Vietnam.
In addition, Vietnam has become an ideal market for New Zealand’s apples.
New Zealand began exporting fruits to Vietnam after the direct flight from Auckland to HCM City opened in 2016.
Dinh Ngoc Thuy, deputy director of Klever Fruits, which specialises in importing fruits, said that consumer demand for clean and delicious fruits was increasing.
The company has imported seasonal fruits from South Africa, the Republic of Korea, Japan, the US and Chile to meet the demands of customers, Thuy said.
Nguyen Huy Hoang, commercial director of market research company Katar Worldpanel, said that Vietnamese customers were focusing on nutrition and food safety.
Each household spends nearly 4.5 million VND (193 USD) per month for fresh food, he added.
The biggest fruit exporter to Vietnam is Thailand, with more than 40 percent, while China is second with 24 percent.
In addition, fruits from the US, Chile and the Republic of Korea are also popular in the market.-VNS/VNA  
Read original article here
Newer News
25/03 EVFTA to fuel Vietnam – Italy trade: workshop
22/03 A billion pairs of shoes exported
22/03 Huge potential for Vietnam, Laos to collaborate in cooperative economy
21/03 Seminar talks Vietnam’s economic growth model
20/03 Prime Minister welcomes Hong Kong investors
20/03 Vietnamese brands make global mark
20/03 Seafood expo bolsters Vietnamese exports to US market
18/03 RoK steel companies eye investment in Vietnam
15/03 Government may withdraw environmental tax hike proposal
15/03 Textile-garment exports aim for 40 billion USD
Older News
06/03 Electricity prices to increase by 8 percent this month
05/03 Cashew price to recover this year
04/03 Experts discuss country’s socio-economic development strategies
04/03 State capital at four firms to be auctioned in March
04/03 February’s industrial production index declines due to lunar New Year
28/02 FDI up 2.5 times in first two months of 2019
28/02 Vietnam, US sign cooperation agreements worth 21 billion USD
27/02 FDI in first two months of 2019 reaches $8.5 billion
27/02 Summit presents golden FDI opportunities
27/02 More than 2.7 billion USD worth of ODA pumped into irrigation
Newsletter Signup
Top Stories
Vinalines Logistics’ profit growth projected at least 10 percent
Shares move little as Tết approaches
Consumer price index slips 0.07 per cent during August
Average VND/USD exchange rate rises by another 1%
Vietnam doubles dong’s trading band after China devalues yuan
Market Update
Last updated at 9:06:03 AM
VN-INDEX 970.07 0.00/0.00%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
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...
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.