Dragon fruit export heads towards new market

Domestic exporters are striving to diversify markets for their dragon fruit, with a view to reducing their dependence on traditional importers from China and the US.
Domestic exporters are striving to diversify markets for their dragonfruit, with a view to reducing their dependence on traditional importersfrom China and the US.

Thanks to domesticfarmers’ efforts to improve product quality, Vietnamese dragon fruithas managed to penetrate into demanding markets such as the EU, Japan, and the Republic of Korea (RoK).

Over therecent past, dragon fruit exports to the EU, in addition to othertraditional markets, including Thailand , Indonesia , andNetherlands , rose again, which was attributed to internationalrecognition and certification.

Specifically, thedragon fruit has satisfied strict quality requirements of the aforesaidimporters and has become the first Vietnamese fruit receiving exportcode granted by the US . In 2012, Binh Thuan dragon fruit wascertificated for its trademark protected by the US Patent andTrademark Office (USPTO) .

In addition, the PlantProtection Department under the Ministry of Agriculture and RuralDevelopment has recently granted a certification for dragon fruit of theHong An Agricultural Products Import-Export Co., Ltd that satisfiesrequirements for export to the RoK.

New Zealandhas also started a plan helping Vietnam expand its farming andexport of the fruit, with the aim of turning Vietnam into theworld’s leading dragon fruit exporter.

According toDirector of the Southern Fruit Research Institute Nguyen MinhChau, around 54 percent of Vietnam ’s dragon fruit exports areshipped to the Chinese market, which suffers from unstable demand.

In lowering the dependence on the main importers, efforts have beenexerted by domestic dragon fruit exporters to seek and diversify newmarkets, namely Spain, the Philippines, Norway, India,and the Middle East.

According to a representativeof the E.K Prima Vietnam Co., Ltd, a subsidiary of LuLu GroupInternational which is one of the largest corporations in the MiddleEast, the company sells an average 120 tonnes of dragon fruit to theregion each month.

However, several countries suchas the US, Japan, Israel and Thailand have succeeded inplanting dragon fruit-trees and extending the cultivation, thus beingpotential rivals for Vietnam’s dragon fruit.

Therefore, domestic experts suggested that localities specialising indragon fruit should soon surmount shortcomings related to processing,especially preservation and packaging, as well as fostering tradepromotion activities.

Vietnam has around25,000 ha of dragon fruit mostly grown in the central and southernprovinces of Binh Thuan, Tien Giang and Long An. Due to high economicvalue brought to growers, the dragon fruit plantations in the localitieshave continuously increased over the recent past.-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.