Vietnam imported US$697 million value vegatables and fruits from China within the first 9 months of 2024, up 24% year-on-year.
Imported Chinese language farm merchandise was bought solely in conventional markets, however now they will also be discovered at most main retail chains reminiscent of MM Mega and Co.opmart.
The most important imports embody apple, grape, garlic, onion, and potato, and are sometimes 10-30% cheaper than merchandise from different nations.
Vo Thanh Loc, co-founder of retailer Farmer’s Market, stated the corporate used to supply its merchandise from Australia, Japan, South Korea, and the U.S., however has not too long ago added Chinese language merchandise to the record since they give the impression of being good and are available in many types.
HCMC’s Thu Duc Agriculture Market has obtained 88,400 tons of greens and fruits imported from China to date this yr.
Dang Phuc Nguyen, normal secretary of the Vietnam Fruits & Greens Affiliation, stated China has been capable of enhance its fruits high quality by way of farming area management and packaging.
Due to lowered transportation prices and nil import tax agreements between China and ASEAN nations, Chinese language produce have a bonus in Vietnam, he added.