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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
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28.9 C
Ho Chi Minh City
Tuesday, May 20, 2025

Vietnam’s fruit and vegetable exports hit US$7.2 billion in 2024

By Hoai Huong

Must read

HCMC – Vietnam’s fruit and vegetable exports reached an all-time high of US$7.2 billion in 2024, surpassing the US$7 billion milestone for the first time, according to the Vietnam Fruit and Vegetable Association (Vinafruit).

Speaking at the association’s fifth-term congress on January 1, Nguyen Thanh Binh, chairman of Vinafruit, highlighted the industry’s remarkable growth trajectory. Total export value rose to US$5.6 billion in 2023, up from nearly US$3.4 billion in 2022.

Building on this momentum, exports surged by 27.1% year-on-year in 2024, reaching the historic US$7.2 billion figure.

The strong growth in recent years can be attributed to the expansion of Vietnam’s fruit export market, supported by free trade agreements (FTAs) such as the CPTPP, RCEP, EVFTA, UKVFTA, ACFTA, and others.

These agreements have paved the way for Vietnamese fruits and vegetables to reach over 80 countries and regions worldwide, including key markets like China, the United States, South Korea, Japan, Thailand, the Netherlands, and Australia.

Looking ahead, the export market is expected to continue expanding, particularly in markets such as China, South Korea, the United States, Canada, ASEAN countries, and the European Union (EU).

Vinafruit has set an ambitious target of achieving US$10 billion in exports by 2030.

To achieve this goal, the fruit and vegetable industry is aligning with global green economic trends. This includes prioritizing emission reduction, circular agriculture, and the sustainable use of natural resources.

Additionally, the industry is leveraging high-tech solutions and adopting standardized processes in production and processing to meet the evolving demands of international markets.

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