Bac Giang’s lychee revenue reaches 60-year high

Farmers in the northern province of Bac Giang earned revenue of 6.1 trillion VND (262.3 million USD) from lychee this year, surpassing records in the past 60 years in terms of value.
Bac Giang’s lychee revenue reaches 60-year high ảnh 1Illustrative image (Photo: phapluatplus.vn)

BacGiang (VNA)
- Farmers in the northern province of Bac Giang earnedrevenue of 6.1 trillion VND (262.3 million USD) from lychee this year,surpassing records in the past 60 years in terms of value.

The province’stotal revenue from lychee was 5 trillion VND in 2016, 5.3 trillion VND in 2017and 5.8 trillion VND in 2018.

Farmersin the province have not had to bring their lychee to the market. Traders cameto their gardens to buy the fruit.

Bui Van Canh,a lychee trader in Luc Ngan district, said the district had a bumper lycheecrop with high prices this year. There is now a lack of lychee to sell toChinese traders as it is the end of the season.

Thelychee output this year in the province reached more than 90,000 tonnes withrecord prices of 30,000-50,000 VND (1.29-2.15 USD), even 80,000 VND (3.44 USD)per kilo.

A farmercould earn profits of several hundreds of millions of VND from their lycheegardens. Some households planting lychee with organic methods enjoyed muchhigher profits as people were paying up to 200,000 VND for a box of 10 lycheeswith stamps of traceability.

Tran VanHanh, a famer in Giap Son commune, said it was easy to sell lychee this year.Their organic lychees were offered for sale for the first time with higherprices.

Cao VanHoan, Vice Chairman of the Luc Ngan District People’s Committee, said thelychee quality this year has been the best so far. Therefore, they earned moredespite lower output than last year.

This hasbeen the first year the district applied pilot planting of organic lychee on anarea of 20ha, providing clean and safe products. The application of a modernproduction process helped Luc Ngan lychee increase selling prices three toseven times over those of previous years.

Theprovincial Department of Industry and Trade said around 50,000 tonnes of lycheewere sold to China so far this year.

Luc Nganlychee was exported to 30 countries and territories, mainly to China with 90 percentof the total and some demanding markets such as the European Union (EU), theUS, Russia, Canada and Japan.-VNA
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.