Vietnam still looks to turn fruit export potential into economic power

A number of fruits grown in Vietnam have successfully entered high value and challenging markets and the country is constantly seeking ways to strengthen up its economics via fruit exports. The Southeast Asian nation earned nearly US$2 billion from fruit and vegetable exports in the first seven months of 2022.

Many Vietnamese exporters are turning their eyes to European markets where their products enjoy zero-percent tax rate under the EU-Vietnam Free Trade Agreement (EVFTA), and these markets are seeing increasing demand for tropical fruit and vegetables. Data from the General Department of Customs shows Vietnam’s fruit and vegetable export turnover to Europe in 2021 hit 303 million USD, up 17.4 percent year-on-year. Negotiations are also underway for other fresh fruits to enter new markets.

Source: en.vietnamplus.vn


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