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Vietnamese agri exports to newly opened China are surging

Traders are busy buying the best quality durian, jackfruit, cassava, and cashew nut possible to export to China, whose demand seems to be insatiable. This has been the busiest year ever for traders like Nguyen Thi Thuy Linh in the southern province of Tien Giang. She has been scrambling to find top quality fruits grown in the Mekong Delta to sell to Chinese buyers.

Thanh Mai, a trader in the Central Highlands, has been struggling to meet her increasing export quota. She now pays farmers double last year’s prices: VND20,000 for a kilogram of taro, and VND14,000 for yam. Export companies are also busy. Van Xuan Phat Exports and Imports ships thousands of tons of durian to China every month, while major exporter Vina T&T has secured a contract for 22,500 tons of the fruit. In Dong Nai and Binh Phuoc Provinces, companies are preparing to export 500,000-600,000 tons of durian to China.

[ VND100 = €0.0039 ]

Source: e.vnexpress.net

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