Hoang, a ginger farmer in the central highlands province of Dak Lak, said he recently harvested a bumper harvest even as market prices doubled from last year to 24,000 at 26,000 VND ($0.98 to $1.07) per kilogram. of ginger brought us a profit of 100 to 120 million VND.
Durian in a garden in the south of Can Tho town. Photo by Manh Khuong
Sweet potato prices soared to between 18,000 and 20,000 VND per kilogram. According to farmers in the two Central Highlands provinces of Gia Lai and Dak Lak, they earned between VND100 million and VND200 million per hectare.
Durian farm prices currently stand at VND45,000 to VND90,000 per kilogram, having doubled from last year. In February, they reached a record of 200,000 VND.
Bui Van Cuong from Dak Lak said his three hectares of durian brought him a profit of VND5 billion this year, the highest ever.
Skyrocketing sugarcane and paddy prices have also generated record revenues.
Sugarcane costs between VND 1.2 and 1.3 million per ton and rice costs between VND 8,000 and 9,000 per kilogram, with the latter earning farmers profits of VND 50 to 70 million per hectare.
Thanh Mai, an agricultural trader from the Central Highlands provinces, said VnExpress that the lives of farmers have changed this year thanks to good harvests and high prices.
Dang Phuc Nguyen, secretary general of the Vietnam Fruit and Vegetable Association, said: “This year is a big victory for Vietnamese fruits and vegetables,” mainly due to the signing of a series of agreements with China to the export of agricultural products, including durian. bananas and sweet potatoes thanks to official quotas and not just informal border trade.
Vietnamese fruit and vegetable exports could exceed $5 billion this year, he said.
The country will continue to negotiate for more agricultural products, including watermelon, to be exported to China through official quotas and comprehensive procedures for passion fruit to be exported to the United States this year.
Fruit and vegetable exports reached $4.2 billion in the first nine months of the year, an increase of 71.8 percent year-on-year, durian, banana, jackfruit, longan and watermelon having multiplied by four.