Vietnamese pomelo has large potential for export

Vietnamese pomelo has large potential for entering deanding markets including the US, the EU and Japan, according to the Vietnam Trade Promotion Agency.

According to VNA, Nguyen Thi Thu Thuy, Deputy Director of the Export Promotion Centre, said that Vietnamese pomelo is considered to have superior quality to other countries thanks to its moderate sweetness and suitability to consumers of many regions and markets together with a low pest risk.

As pomelo has thick skin, it is easy to preserve for a long time after harvest, which makes it possible to transport by sea, according to the official.

Besides, agricultural products and pomelo in particular are subject to preferential tariffs under free trade agreements to which Vietnam is a member, hence the large potential for pomelo export to many markets.

Vietnamese pomelo has large potential for export -0
Vietnamese pomelo has opportunity to expand exports to many demanding markets. (Photo: VNA)

Thuy pointed out that currently, Vietnamese pomelo is mainly exported in the form of fresh fruit with low added value. Pomelo can be processed into many different products such as fruit juice, essential oil and jam while the essence in pomelo peel could be used to produce many types of pharmaceuticals and foodstuffs.

The trade official said the US has allowed the official import of green-skinned pomelo from Vietnam, which is the seventh fresh fruit of Vietnam to receive permission to enter this market, after mango, longan, lychee, dragon fruit, rambutan and star apple.

Other goods such as coconut and durian have already been exported to the US but in frozen form.

After pomelo, the US is considering procedures to allow the import of Vietnamese coconuts.

Thuy cited statistics from the US Department of Agriculture that the US has huge demand for fruits, estimated at around 12 million tonnes per year while the US’ domestic production of fresh fruit met only about 70% of the demand. This is a big opportunity for Vietnamese fruits, including pomelo, she said.

According to Nguyen Manh Quyen, head of the Vietnam Trade Office’s branch in Houston, Texas, Vietnam’s export of fresh pomelo to the US remains modest.

Statistics showed that the US imported around 17 billion USD worth of pomelo in 2020 and 20 billion USD in 2021. In the first seven months of this year, the US’ pomelo import reached 14 billion USD, of which Vietnam accounted for around 1 billion USD.

Quyen urged enterprises to pay attention to strictly comply with the guidance of the US Department of Agriculture and the US Food and Drug Administration when exporting fruit to the US.

Vietnamese pomelo also has the opportunity to expand in Indonesia and Hong Kong.

Vu Thi Thuy, from the trade office in Hong Kong, said that Hong Kong has high demand for fresh pomelo, spending 36.4 million USD to import pomelo last year, an year-on-year increase of 28.2%. Vietnam ranked second in exporting pomelo to Hong Kong with export revenue of 2.5 million USD, after Thailand with 7.8 million USD in 2021.

However, in the first seven months of this year, Vietnam’s export of pomelo to Hong Kong increased 133% against the same period last year to reach 2.53 million USD, becoming the largest pomelo exporter to Hong Kong.

Economy

Vietnam's potential promoted to Mexican businesses
Economy

Vietnam's potential promoted to Mexican businesses

A delegation from the Vietnamese Embassy in Mexico led by Ambassador-Designate Nguyen Van Hai has paid a working trip to Guanajuato state to explore opportunities for cooperation between Vietnam and Mexico, as well as between Vietnamese localities and Guanajuato. ​

Localities report progresses in IUU fishing combat
Economy

Localities report progresses in IUU fishing combat

Coastal localities nationwide have implemented practical and effective activities and specific measures, demonstrating their determination to join the nation’s efforts to have the “yellow card” that the European Commission (EC) has imposed on Vietnamese seafood regarding illegal, unreported, and unregulated (IUU) fishing lifted in 2024.

Da Nang Hi-Tech Park attracts 177-million-USD FDI project
Economy

Da Nang Hi-Tech Park attracts 177-million-USD FDI project

The Da Nang Hi-Tech Park continues to strengthen its position as a leading investment hub with the recent in-principle approval of a 177-million-USD project by Dentium Co., Ltd., from the Republic of Korea (RoK).This significant investment brings the total registered foreign direct investment (FDI) in the park to 875.2 million USD, spanning 13 projects.

UNGA President congratulates Vietnam on re-election to UNCITRAL
Economy

UNGA President congratulates Vietnam on re-election to UNCITRAL

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations (UN), had a meeting in New York on November 21 with President of the 79th session of the UN General Assembly (UNGA) Philemon Yang who congratulated Vietnam on the country’s re-election to the UN Commission on International Trade Law (UNCITRAL) for the 2025-2031 term.