Traders in the communes of Minh Thuan and An Minh Bac bought Pisang awak bananas at VN8,000-VND10,000 per bunch of bananas at the banana plantation, an increase of VND2,000-VND4,000 per bunch of bananas compared to the beginning of the second quarter of this year. There are more than 1,500 hectares of banana plants in U Minh Thuong District. This means growers are happy as the price of bananas climbs.
In Hau Giang, An Giang provinces, and Can Tho City, many banana growers are also cheerful as the price increases. According to calculation, the average banana productivity is from 25 to 40 tons per hectare per year. If the current selling price of bananas manages to maintain, farmers will earn a profit from VND100 million to VND150 million per hectare.
Moreover, banana cultivation is easy and requires less care and lower investment than other cultivars. Besides domestic consumption, bananas can also be exported to other countries.