Farmers in the northern province of Bac Giang earned revenue of 6.1 trillion VND (262.3 million USD) from lychee this year, surpassing records in the past 60 years in terms of value.
BacGiang (VNA) - Farmers in the northern province of Bac Giang earnedrevenue of 6.1 trillion VND (262.3 million USD) from lychee this year,surpassing records in the past 60 years in terms of value.
The province’stotal revenue from lychee was 5 trillion VND in 2016, 5.3 trillion VND in 2017and 5.8 trillion VND in 2018.
Farmersin the province have not had to bring their lychee to the market. Traders cameto their gardens to buy the fruit.
Bui Van Canh,a lychee trader in Luc Ngan district, said the district had a bumper lycheecrop with high prices this year. There is now a lack of lychee to sell toChinese traders as it is the end of the season.
Thelychee output this year in the province reached more than 90,000 tonnes withrecord prices of 30,000-50,000 VND (1.29-2.15 USD), even 80,000 VND (3.44 USD)per kilo.
A farmercould earn profits of several hundreds of millions of VND from their lycheegardens. Some households planting lychee with organic methods enjoyed muchhigher profits as people were paying up to 200,000 VND for a box of 10 lycheeswith stamps of traceability.
Tran VanHanh, a famer in Giap Son commune, said it was easy to sell lychee this year.Their organic lychees were offered for sale for the first time with higherprices.
Cao VanHoan, Vice Chairman of the Luc Ngan District People’s Committee, said thelychee quality this year has been the best so far. Therefore, they earned moredespite lower output than last year.
This hasbeen the first year the district applied pilot planting of organic lychee on anarea of 20ha, providing clean and safe products. The application of a modernproduction process helped Luc Ngan lychee increase selling prices three toseven times over those of previous years.
Theprovincial Department of Industry and Trade said around 50,000 tonnes of lycheewere sold to China so far this year.
Luc Nganlychee was exported to 30 countries and territories, mainly to China with 90 percentof the total and some demanding markets such as the European Union (EU), theUS, Russia, Canada and Japan.-VNA
The northern province of Bac Giang, a lychee farming hub of Vietnam, plans to export about 50,000 tonnes of “thieu” lychee, or 50 percent of its total output, in 2017, local officials said at a meeting on May 27.
Increasing exports helped Bac Giang, the country’s lychee farming hub, obtain its most successful lychee crop in 2017, with the highest prices in six decades, heard a conference on August 2 in the northern province.
Deputy Prime Minister Vuong Dinh Hue called on the Chinese side to facilitate customs clearance of Vietnamese agricultural products, including lychees, while addressing an economic forum in Bac Giang province on June 8.
Vietnam gained strong growth in lychee exports and the number of enterprises exporting lychee this year against the figures of last year, according to the General Department of Customs.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.