Other News Bottleneck in the value chain By Trinh Hoang Sunday, Mar 29, 2020,12:08 (GMT+7) Bottleneck in the value chainBy Trinh Hoang A recent study on measuring the food loss of vegetables, fruits, meat and seafood published by CEL Consulting shows that an average 25.4% of agro-products are spoiled before being transported to processing factories or distribution centers – PHOTO: LE HOANG VU Finding the market for Vietnam’s vegetables and fruits is a hot issue when the Covid-19 is disrupting agro-product exports to China. Why do Vietnam’s agro-products rely almost on the Chinese market? This is the question the Government wants to find an answer in a recent conference on promoting agro-product processing and farm mechanization. According to data of the General Department of Vietnam Customs, vegetable and fruit exports in 2019 reached US$3.74 billion. China was the biggest market for the agro-products, accounting for nearly 70% of the export revenue. The lack of essential facilities for collection, preservation, processing and transport is one of the main factors which make it hard for Vietnam’s vegetable and fruit sector to expand exports to other markets and force the sector to focus mainly on China, a market with geographical proximity. It also puts enterprises and traders… Read full this story
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