VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 19

Fruit exporters seek new markets to survive pandemic Dragon fruit cultivation in Long An Province. Fruit exporters have been urged to seek new export markets instead of depending too much on traditional ones. Ngo Tuong Vy, its deputy director, said exports of frozen durian have increased by more than 30 percent. “Frozen durian is popular since the quality is almost fresh after thawing. Frozen durian is also mouth-watering as it is similar to ice cream and the smell is not as strong compared to when it is fresh.” The company now focuses on exports to the US, she said. “There is no shortage of durian in the US market, but Vietnamese durian is popular since it is delicious yet reasonably priced.” This month, despite a significant drop in the prices of dragon fruits, farmers in Long An province’s Chau Thanh and Tan Tru districts were still able to sign a contract with Lavifood, an exporter of processed fruits and vegetables, to sell the fruit at 13,000 VND and 23,000 VND (1 USD) per kilogramme, depending on quality, relatively higher than the market price. Lavifood buys 80 percent of the fruits grown in Long An. Dang Ngoc Can, general director of… Read full this story

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