Vietnam’s exports have bright prospects in 2022
According to the Vietnam Fruit and Vegetable Association (Vinafruit), many container trucks carrying…According to the Vietnam Fruit and Vegetable Association (Vinafruit), many container trucks carrying bananas and dragon fruits have got customs clearance for export to China from the third day of the Lunar New Year. This is good news for Vietnam's fruit and vegetable industry in the context that just a few days ago, the Chinese side announced that it would have a long holiday and pandemic-related measures would be strictly applied, resulting in thousands of trucks carrying goods were stranded at border gates.
The resumption of agricultural exports to China brings hope to Vietnam’s enterprises. The reason is that China is currently the largest market of Vietnam's fruit and vegetable industry. Last year, the export turnover of vegetables and fruit to China reached 1.9 billion USD, accounting for 53.7 percent of the country’s export market share.
Nguyen Hong Dien, Minister of Industry and Trade, said that in 2021, the country’s import and export turnover hit a record of nearly 670 billion USD, of which exports made a spectacular breakthrough with an increase of over 19 percent. This is a milestone, a bright spot of the economy in the context of the complicated developments of the COVID-19 pandemic.