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At a seminar entitled"Potential for exporting fruits and vegetables game bet88 China via offficial channels" held in Haoi on November 12, experts from the Ministry of Industry and Trade (MoIT), associations, and enterprises urged Vietnamese businesses game bet88 expand their agricultural exports game bet88 China in order game bet88 fully leverage the potential of this vast market.

Export opportunities remains

According game bet88 Mr. Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association, Vietnamese agricultural products have yet game bet88 deeply penetrate key economic regions of China, such as Beijing, Shanghai, and Shandong.

These regions, characterized by high population density and substantial per capita income, offer lucrative opportunities for Vietnamese enterprises game bet88 establish a foothold in this market.

Highlighting the current export potential of fruits and vegetables game bet88 China, Mr. Nguyen noted that Vietnamese fruits like durian, dragon fruit, bananas, mangoes, and passion fruit are highly favored by Chinese consumers for their quality, comparable game bet88 other regional competitors.

Vietnam enjoys a strategic advantage with border gates close game bet88 some of China's major wholesale markets. This proximity allows for faster and more cost-effective transportation, a competitive edge not shared by other major exporters like Thailand.

Currently, Vietnam exports 11 specialty fruits game bet88 China, including durian, jackfruit, dragon fruit, banana, mango, longan, lychee, watermelon, rambutan, mangosteen, and passion fruit, along with additional items like sweet potatoes andxa den(Celastrus hindsii Benth) leaves.

In 2023, Vietnam's total fruit and vegetable export revenue reached .6 billion, of which .63 billion or nearly 65 per cent of the total came from China. Projections for 2024 suggest exports could hit .5 billion, with China's share rising game bet88 over billion, representing about 70 per cent of the total projected turnover.

Agreeing, Mr. Nguyen Chung Kien, representative of the MoIT's Asia-Africa Market Department, emphasized that while total Vietnam-China trade value exceeded 1 billion in 2023, Vietnam's exports accounted for only .3 billion, reflecting room for export growth of key products such as agricultural goods game bet88 China.

Competition and challenges ahead

Despite the potential game bet88 expand fruit and vegetable exports game bet88 regions beyond China's southern border areas, experts and industry association representatives cautioned that Vietnamese businesses and farmers face numerous challenges in increasing their market share in this East Asian country.

The first major challengeis how game bet88 establish direct distribution channels in China? Currently, most Vietnamese produce is sold game bet88 small-scale traders near border areas. Expanding beyond these regions requires robust partnerships with major Chinese distributors and supermarkets.

Secondly,regional competitors like Thailand, the Philippines, and Laos, along with China’s domestic agriculture sector, pose increasing competition.

According game bet88 a representative of the Vietnam Fruit and Vegetable Association, for most types of produce that China can domestically cultivate—such as watermelon, bananas, mangoes, and longan—Vietnam’s export turnover has dropped below 0 million, typically fluctuating between 0 million and 0 million.

"After China began cultivating dragon fruit in 2022, Vietnam's annual dragon fruit export value halved from over billion game bet88 0 million", Mr. Nguyen shared at the event.

The third challengelies in stringent Chinese quality standards. While tariff barriers have eased, technical requirements, such as phytosanitary certification and region-specific cultivation codes issued by the General Administration of Customs China (GACC), present complex, time-consuming processes. Violations could result in certification revocation, causing costly delays.

game bet88 overcome these challenges, experts recommend adopting advanced preservation and processing technologies game bet88 extend shelf life and ensure Vietnamese produce can reach northern Chinese cities. Diversifying supply chains and forming partnerships with major Chinese retailers will also help penetrate deeper into the market.

Vietnamese farmers and enterprises should align production schedules with China's agricultural cycles game bet88 minimize direct competition. Building strong brands, obtaining origin traceability certification, and adhering game bet88 high production standards like VietGAP will further enhance Chinese consumer's trust in Vietnamese agricultural products.

Lastly, the government should negotiate additional trade agreements game bet88 secure market access for products like pomelos and avocados, and promote cross-border rail transport game bet88 boost export volumes. These efforts could significantly enhance Vietnam's position in China's vast and dynamic agricultural market.