Vietnamese farm produce unsold as trade halted across Vietnam-China border amid coronavirus fear

Feb 4th at 08:04
04-02-2020 08:04:11+07:00

Vietnamese farm produce unsold as trade halted across Vietnam-China border amid coronavirus fear

The suspension of cross-border trade between Vietnam and China due to the novel coronavirus scare has left hundreds of tons of Vietnamese crops stuck at local farms and border gates.

 

Most of the border gates between Vietnam and China in the northern province of Lang Son have halted imports and exports of goods until February 9, the Vietnam News Agency (VNA) said last Thursday.

Meanwhile, China has suspended imports of Vietnamese goods via the Lao Cai International Border Gate in the namesake northern Vietnamese province from January 30 to an unknown date, according to VNA.

At the same time, many agricultural trading centers in Jiangnan and Guangxi, China, have also ceased operations until February 8, according to the agricultural product processing and market development department under the Vietnamese Ministry of Agriculture and Rural Development.

According to Nguyen Quoc Toan, head of the department, about 6,000 metric tons of dragon fruit, or 30-40 percent of the provincial output, has remained unsold in the southern province of Long An after a Chinese enterprise canceled a number of purchase orders due to the impact of the novel coronavirus epidemic.

The Plant Protection Department under Vietnam's Ministry of Agriculture and Rural Development has reported that 267 trucks carrying Vietnamese dragon fruits have stuck at the border gates in Lang Son and Lao Cai since Friday.

Likewise, farmers in Tay Son District, located in the south-central province of Binh Dinh, have been worried about hundreds of tons of unbought watermelon, mainly grown for export to China.

The farmers now have to sell the overstocked watermelon to consumers at makeshift selling points across the province for VND6,000 (US$0.26) per kilogram, compared to the VND8,000 ($0.35) per kg normally offered by wholesalers, according to Nguyen Van Thanh, a watermelon grower in Binh Nghi Commune in Tay Son.

Thanh told Tuoi Tre (Youth) newspaper that his family pays VND18 million ($777.82) a year to rent 1.5 hectares of land in the Central Highlands province of Gia Lai, which borders Binh Dinh, to plant watermelon.

“If I cannot sell 35 metric tons of the unsold watermelon, I will have no choice but to accept the current offer of VND1,000 [$0.043] per kg from wholesalers,” Thanh said.

The rock bottom price will undoubtedly result in big losses for local farmers like Thanh.

More than 100 households in Binh Nghi earn their living from growing watermelon, according to the commune’s chairman Do Van Dinh.

The novel coronavirus, a new strain of the coronavirus family that caused SARS and MERS, first surfaced in the Chinese city of Wuhan in December 2019.

It has since killed 361 people in mainland China and one outside the country, while infecting 17,386 others globally, an overwhelming majority of whom are in China.

tuoitrenews



RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Vietnam’s Jan manufacturing sector shows signs of modest improvement

The Vietnamese manufacturing sector looks set to be a star performer again in 2020, helping to support impressive growth in the wider economy, said Andrew Harker...

VN aims to become global agriculture powerhouse

Viet Nam is pursuing an ambitious plan to become a global agricultural powerhouse by 2030, according to Government Resolution 53/NQ-CP.

Vietnam Rubber Group fears nCoV may erode demand from biggest buyer China

The company is concerned that demand from China, which accounts for half of the group’s shipments of latex, will fall.

$113 million auto assembly and manufacturing complex licensed

The representative of Thua Thien-Hue People’s Committee has handed over the decision providing in-principle approval to Bach Viet Automobile Manufacturing Industry...

More companies invest in robot production as demand rises

More Vietnamese businesses are investing in the robot manufacturing industry as demand for such products is growing rapidly in Vietnam, experts have said.

Trade agency demands support from logistics firms for agriculture exports

Ministries need to analyse the impact of coronavirus on both international and domestic markets, then deliver short-term and long-term solutions, Minister of...

National IIP down about 6 per cent in January

Viet Nam's index of industrial production (IIP) in January declined by 5.5 per cent year-on-year and 11.8 per cent month on month, according to the General...

Vietnam exporters urged to look for alternative markets amid China’s nCov outbreak

The epidemic has not left major impacts on bilateral trade relations, said the Ministry of Industry and Trade.

Exports, imports see surge in activity at start of the Lunar New Year

Export and import activities have been busy since the start of the Lunar New Year (January 25), with some product groups reaching export value of over US$1 billion...

Fierce competition forecast between ports

Competition between seaports is set to increase in 2020 when more ports open.


MOST READ


Back To Top