![\"\"](\"http:\/\/kingkong-vietsu.com\/wp-content\/uploads\/2019\/01\/hg01101287241330PM.jpg\")
<\/p>\n<\/p>\n
A fruit festival in HCM City. Vietnamese companies are investing in fruit and vegetable processing plants as they seek to expand their global market share. \u2014 VNA\/VNS Photo<\/em><\/p>\n Fruit and vegetable exports, which have been growing at around 15 per cent annually for the past five years, are a highly attractive business activity for enterprises, which are increasingly investing in large and modern processing plants.<\/p>\n Long An Province-based Lavifood Joint Stock Company earlier this month put into operation a VN\u01101.78 trillion (US$76.7 million) fruit and vegetable processing plant with a capacity of 60,000 tonnes of finished products a year in T\u00e2y Ninh Province.<\/p>\n Ph\u1ea1m Ng\u00f4 Qu\u1ed1c Th\u1eafng, the company\u2019s chairman, said: \u201cTo come up with processed products of international standards, the factory has boldly invested in most modern technologies and machinery from countries such as the US, Germany, Italy, and Japan.\u201d<\/p>\n It is the first factory in Vi\u1ec7t Nam with a Leed Silver certificate, and the first\u00a0fruit and vegetable processing\u00a0factory in Vi\u1ec7t Nam to use\u00a0high pressure processing (HPP) technology that keeps them longer and helps preserve natural flavours and nutrition.<\/p>\n Th\u1eafng said the plant would produce frozen fruits, juices, dried fruits, soft-dried fruits, and fruit juice concentrates for export to the US, EU, South Korea, Japan, and Australia.<\/p>\n To ensure supply of raw materials, Lavifood had tied up with farmers and co-operatives in T\u00e2y Ninh Province who would grow fruits and vegetables based on its needs,\u00a0given them training in farming techniques and agreed to buy their output at reasonable prices.<\/p>\n The company plans to build 10 modern fruit and vegetable processing plants and tie up with farmers owning 33,000ha of land in the next 10 years.<\/p>\n Vina T&T Import Export Trading Service Co., Ltd last November began construction of its Kim Thanh-B\u1ebfn Tre fresh coconut processing plant in B\u1ebfn Tre Province with a total capacity of 25 million fresh coconuts a year.<\/p>\n The VN\u0110200 billion ($8.6 million) plant is expected to come on stream this year, and it would help preserve fresh coconuts for long and make the company\u2019s products competitive in the US market, Nguy\u1ec5n \u0110\u00ecnh T\u00f9ng, its general director, said.<\/p>\n More importantly, it would help keep prices steady through the year for farmers, unlike now when prices rise in the dry season and fall during the rainy season, he said.<\/p>\n Last October Nafoods Group JSC and the People\u2019s Committee of T\u00e2y Ninh Province signed a memorandum of understanding to grow organic fruit trees on some 10,000ha at a cost of VN\u01103 trillion ($128.6 million) between 2019 and 2023.<\/p>\n Once it is able to supply at least 150 tonnes of fruit a a day, Nafoods will build a plant in the province to process them for exports worth at least $100 million a year.<\/p>\n According to the Ministry of Agriculture and Rural Development, some 16 agricultural produce processing plants costing VN\u01108.7 trillion ($374.7 million) were under construction or began operating last year.<\/p>\n Export potential<\/strong><\/p>\n L\u00ea Th\u00e0nh, director of the\u00a0Institute<\/em>\u00a0of Vi\u1ec7t Nam\u00a0Organic Agricultural Economics<\/em>, said\u00a0<\/em>the fruit and vegetable sector was very appealing to investors because there was good growth in the global market.<\/p>\n \u201cGlobal fruit and vegetable consumption is increasing by over 15 per cent a year. With increasing concern about health benefits, people are reducing consumption of meats and eating more fruits and vegetables.\u201d<\/em><\/p>\n Vi\u1ec7t Nam\u2019s varied geographic and climatic conditions enable it to grow a diverse range of fruits and vegetables, giving it great export potential, he added.<\/p>\n Minister of Agriculture and Rural Development Nguy\u1ec5n Xu\u00e2n C\u01b0\u1eddng said, \u201cVi\u1ec7t Nam\u2019s fruit and vegetable exports \u2026 [at] $3.8 billion last year, exceeded rice exports.\u201d<\/p>\n But there is still much room for increasing exports, and investing in large-scale processing plants is among the factors that could help the sector reach the export target of $10 billion set for 2025, according to the minister.<\/p>\n The country has 1.6 million hectares under fruits and vegetables, which yield around 25 million tonnes a year. With 150 processing plants, the country can only process one million tonnes a year.<\/p>\n \u201cThe setting up of processing plants in the past proved that Vietnamese enterprises have the capability to invest in and manage plants with most advanced technologies and large capacities to produce fruit and vegetable products that are in high demand in the world market,\u201d he said.<\/p>\n C\u01b0\u1eddng suggested enterprises should invest more in\u00a0modern processing plants to further penetrate the\u00a0world market of 7.5 billion people.<\/p>\n Investing\u00a0in processing would increase the added value of vegetables and fruits and boost exports and strengthen Vietnamese agricultural brands in the global market, he added. \u2014 VNS<\/p>\n Source<\/em>:\u00a0https:\/\/vietnamnews.vn\/economy\/483580\/investment-in-fruit-vegetable-processing-surges-as-companies-realise-potential.html#QGvrRH2o30CJ6MCe.97","protected":false},"excerpt":{"rendered":" A fruit festival in HCM City. Vietnamese companies are investing in fruit and vegetable processing plants as they seek to expand their global market share. \u2014 VNA\/VNS Photo Fruit and vegetable exports, which have been growing at around 15 … Continued<\/a><\/p>\n","protected":false},"author":2,"featured_media":3193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/kingkong-vietsu.com\/vi\/wp-json\/wp\/v2\/posts\/3192"}],"collection":[{"href":"https:\/\/kingkong-vietsu.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kingkong-vietsu.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kingkong-vietsu.com\/vi\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/kingkong-vietsu.com\/vi\/wp-json\/wp\/v2\/comments?post=3192"}],"version-history":[{"count":0,"href":"https:\/\/kingkong-vietsu.com\/vi\/wp-json\/wp\/v2\/posts\/3192\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kingkong-vietsu.com\/vi\/wp-json\/wp\/v2\/media\/3193"}],"wp:attachment":[{"href":"https:\/\/kingkong-vietsu.com\/vi\/wp-json\/wp\/v2\/media?parent=3192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kingkong-vietsu.com\/vi\/wp-json\/wp\/v2\/categories?post=3192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kingkong-vietsu.com\/vi\/wp-json\/wp\/v2\/tags?post=3192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}