Việt Nam’s durian exports to China hit just 35,000 tonnes (US$130 million) in the first four months, only 20 per cent of the target, down from $500 million year-on-year.
The Mekong Delta province of Trà Vinh has seen the first official shipment to the US of locally produced 5-star OCOP-rated organic coconut sugar weighing more than 7 tonnes.
Economic and trade cooperation is a highlight in Việt Nam - China relations, showing strong and steady growth, said Vietnamese Trade Counsellor in China Nông Đức Lai in an interview with the Vietnam News Agency.
Việt Nam''s position in the global coconut market is impressive, ranking 6th among the top 10 countries in terms of cultivation area and output. With roughly 200,000ha of coconut plantations, the country produces 2.1 million tonnes of coconuts annually.
Việt Nam Coconut Association has forecast that coconut exports will hit US$1 billion this year, driven by the signing of a protocol for official export of fresh coconuts to China.
The strong growth in exports during the first seven months of this year showed that the quality of Vietnamese fruits and vegetables has been improved to meet the export markets'' requirements.
This financing will enable Betrimex to import or purchase raw materials and domestic goods to produce with products organic certifications including Fairtrade certified products.
Following the US''s green light to import Vietnamese coconuts, Nguyễn Đình Tùng, the general director of Vina T&T Group Import-Export Company, reported that they have already shipped four containers of the fruit to the US market.
Exports of coconut products were worth US$900 million last year and are expected to top $1 billion this year, according to the Viet Nam Coconut Association.