Dragon fruit prices tumble in Mekong Delta

The prices of dragon fruits have drastically fallen to fetch only VND3,000-4,000 a kilogram in the Mekong Delta over the last few days.
 
Dragon fruit prices drastically fall in the Mekong Delta (Photo:SGGP)
  
Early this year, a kilogram of white-flesh dragon fruit was sold at VND20,000-22,000 while the price of red-flesh variety was double, said the fruit grower Truong Van Tan from Cho Gao District, Tien Giang Province.
 
In addition to the price fall, it is not easy for farmers to sell products and they are suffering heavy losses.
 
It is peak harvest time of the dragon fruit and other fruits also in the Mekong Detla, said Vo Chi Thien, chairman of the My Tinh An Dragon Fruit Cooperative in Cho Gao.
 
Besides, 80 percent of the dragon fruit output has been exported to China, where the dragon fruit is amidst peak harvest season at the same time. Adding to the worse, litchi from the northern region has also flooded the neighboring market, causing difficulties in dragon fruit consumption.
 
Vietnam should expand export markets to the Southeast Asia, the Middle East and the USA to reduce the dependence on Chinese market, Thien said.
 
Dragon fruit prices usually reduce in the Dragon Boat Festival that falls on the fifth day of the fifth lunar month every year. This year, it has decreased drastically and quickly.
 
The most concern is that several areas in Tien Giang, Long An, Tra Vinh, and Vinh Long Provinces have widened the fruit farming areas.

By Huynh Loi – Translated by Hai Mien

Other news

Most view

Vietnam qualified to export catfish to the US

Vietnam qualified to export catfish to the US

The Food Safety and Inspection Service (FSIS) under the US Department of Agriculture recently proposed that Vietnam would be eligible to export catfish and other fish products to the US market, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Economy

HCMC focuses on safe pig breeding chain

The HCM City department of agriculture & rural development has just held conference about the sustainable pig breeding and safe pork production market in HCMC.

Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

STK to issue 10.8million shares

The shareholders of Century Synthetic Fiber Corp (code: STK) have approved plan to issue 10.8 million shares.