Monday, November 25, 2024 11:02:22 PM - Markets closed
VN-INDEX 1,234.70 +6.60/+0.54%
HNX-INDEX 222.25 +0.96/+0.43%
UPCOM-INDEX 91.82 +0.12/+0.13%
Durian exports earn more than $1 billion in just two months
vietnamnews - 7/4/2024 8:48:52 AM
 (0 ratings. You must sign in to rate.)
Statistics from the Việt Nam Fruit and Vegetable Association show that durian export turnover reached $1.5 billion in the first six months of this year.
 
 
A durian farm in the central highland province of Đắk Nông. — VNA/VNS Photo
 
Durian earned more than US$1 billion from exports in May and June alone.
 
Đặng Phúc Nguyên, General Secretary of the Việt Nam Fruit and Vegetable Association, said durian exports are increasing strongly, with export turnover of the fruit reaching $450 million in May, up 107 per cent over the previous month and up 34 per cent over the same month last year.
 
Durian exports are estimated to reach $600 million in June.
 
Statistics from the Việt Nam Fruit and Vegetable Association show that durian export turnover reached $1.5 billion in the first six months of this year.
 
Durian continues to lead the market in Việt Nam's fruit and vegetable exports, with turnover nearly four times higher than that of dragon fruit, which once held the top position.
 
Calculations show that if output continues at this rate, this year exports will reach $3 billion.
 
If the frozen durian export protocol is signed, export turnover could reach about $3.5 billion.
 
Some farmers have warned that durian productivity decreased this year compared to last year, averaging only about 15 tonnes per hectare, but the price remains high, ranging from VNĐ60,000-100,000 per kilogramme.
 
Therefore, farmers can still raise a profit of about VNĐ700 million to VNĐ1 billion per hectare depending on productivity and the sale price after deducting production costs. — VNS
 
Read original article here
Newer News
16:42 Vietnam named among the 30 largest export economies
16:35 Huge potential for VN, UK to boost cooperation in clean energy
09:07 Mega high-speed rail project gathers momentum
09:01 Weather-related risks, low interest rates hinder bank loans to agricultural sector
08:57 More efforts needed to popularise use of crushed sand as an alternative to natural sand
23/11 VN's food processing industry struggles to improve quality and value chain integration
23/11 Car imports increase 37.5 per cent in 10 months
22/11 Vietnam resolved to boost digital economy with national action plan
22/11 General Department of Customs warns of tax evasion schemes in steel imports
21/11 VN must diversify its textile export markets
Older News
03/07 Viet Nam and South Korea step forward in co-operation to promote start-up ecosystem
03/07 Electricity supply to be basically sufficient in remaining months of year
03/07 HCM City’s GRDP grows 6.46 per cent in H1, showing signs of recovery
03/07 Hà Nội hosts its first Aerospace and Defence Manufacturing Innovation Day
03/07 HCM City hosts international precision engineering, manufacturing expo
03/07 Trade promotion activities prioritise key products and markets
02/07 Hà Nội’s GRDP estimated to grow 6 per cent in H1
02/07 Việt Nam has a unique opportunity to enhance its position in global supply chains
02/07 VN-China trade hits nearly $100 billion
02/07 Việt Nam’s trade surplus hits $11.63 billion in the first six months of 2024
 
Newsletter Signup
Top Stories
VCCI recommends mineral mining rights be granted through auction and bidding
Central bank works to raise interbank rates and ease forex market
Inflation a concern following salary increases
National Council for Sustainable Development established
Việt Nam, Cambodia look forward to $20 billion trade
Market Update
Last updated at 3:05:01 PM
VN-INDEX 1,234.70 +6.60/+0.54%
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.