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Imports flood the market
Vietnam
Tuesday 17 April 2012
MD
Chinese fruit and vegetables are flooding the Vietnam market because they are cheaper than local products.
Fruit and vegetables imported mainly from China are flooding the market In Vietnam.
Reports from large local markets are confirm that this is taking place in the north, near the border with China, as well as south. In some markets Chinese imports account for 70% of total revenue.
Chinese imports dominate the low-cost segment. Their prices,
for wholesale and retail, are lower than local products. Garlic, carrots, ginger are 66% lower. Imported products most in demand are oranges, apples, pears and pomegranates.
Chinese products account for 53.5% of imported fruits and vegetables. The rest comes from Thailand, Australia and the United States.
Chinese products account for 53.5% of imported fruits and vegetables. The rest comes from Thailand, Australia and the United States.
source : tuoitrenews vn
