Vietnam's Fruit and Vegetable Industry Report 2020 was prepared by VietnamCredit in early September 2020. The report provides readers with general information about Vietnam's macroeconomic situation, and an insight into the fruit and vegetable industry, whilst highlighting various advantages and challenges that the industry is experiencing. On top of that, Vietnam's Fruit and Vegetable Industry Report lists the top 10 largest companies in the industry. These companies were selected by VietnamCredit based on their revenues, profits, credit ratings, and other non-financial factors.
The report was compiled using reliable data sources from VietnamCredit, the Ministry of Agriculture and Rural Development, the General Department of Customs, the Vietnam Fruit and Vegetable Association, and other prestigious research institutions.
Overview of Vietnam’s fruit & vegetable industry
The value chain of the fruit and vegetable industry in Vietnam is not particularly efficient. Vegetables and fruits are mainly produced by farmers, who are unable to fully exploit available potential. As a result, before reaching consumers, their crops are passed through many intermediaries.
The fruit and vegetable industry in Vietnam consists of four main sub-sectors including the manufacture of juice, processing and preserving of other fruit and vegetables, wholesale of fruits and vegetables, and retail sale of vegetables and fruits in specialized stores. Currently, there are 2,217 enterprises registered to operate in the fruit and vegetable industry in Vietnam - of which the number of wholesale of vegetables and fruits companies accounts for the largest proportion with 53%.
Production of fruit and vegetables in Vietnam has increased steadily over the years., with a continually increasing land area given over to cultivation and production. Vietnam is a country with a surplus of fruit and vegetables and the import and export turnover of Vietnamese fresh produce has shown rapid growth. In 2019, the export turnover of this commodity was 2.1 times the import turnover.
With rising income, Vietnamese consumers are increasingly concerned with the quality of their food and tend to use pesticide-free and organic vegetables. Fruits imported from the US, Australia, and New Zealand are very popular in Vietnam, although they are not cheap.
CONTENT
List of charts & figures
List of tables
List of acronyms
1. Macroeconomic situation
1.1. Economic growth
1.2. Trade and prices
1.3. Investment capital and state budget revenue and expenditure
1.4. Import and export
1.5. Establishment and dissolution of enterprises
2. Overview of Vietnam’s fruit & vegetable industry
2.1. Value chain of Vietnam’s fruit & vegetable industry
2.2. Number of enterprises & labor structure
2.3. Market share of Vietnam’s fruit & vegetable industry
2.4. Vietnam’s fruit & vegetable industry average index
3. Vietnam’s fruit & vegetable market
3.1 Production of fruit and vegetables in Vietnam
3.2 Production of major crops
3.3 Production of major fruits
3.4 Consumption of fruit & vegetable in Vietnam
3.5 Import and export turnover of fruit and vegetables
3.6 Main fruit & vegetable export markets
4. Legal environment
5. Industry analysis
6. Top 10 fruit & vegetable companies in Vietnam
LIST OF CHARTS & FIGURES
Chart 1.1.1: Vietnam’s GDP Growth Rate for 2011-2020
Chart 1.2.1: Total retail sales of consumer goods and services at current prices 2015-2019
Chart 1.2.2: GDP Growth, CPI, and Inflation (Last year = 100)
Chart 1.2.3: Producer price index by sector compared to the previous quarter
Chart 1.2.4: Commodity terms of trade growth rate for 2015-2019 (%)
Chart 1.3.1: Growth rate and structure of social investment capital in the first half of 2016-2020 at current prices
Chart 1.4.1: Import-export turnover and trade balance of goods 2011-2019 (billion USD)
Chart 1.5.1: Enterprise establishment in H1/2020 (compared to H1/2019)
Figure 2.1.1: Value chain of Vietnam’s fruit & vegetable industry (by economic sector)
Chart 2.2.1: Components of Vietnam’s fruit & vegetable industry
Chart 2.2.2: Number of companies & employees in the fruit & vegetable industry
Chart 2.3.1: Market share of manufacture of juice sector
Chart 2.3.2: Market share of processing and preserving of fruit & vegetable sector
Chart 2.3.3: Market share of wholesale of fruit and vegetable industry
Chart 2.3.4: Market share of retail sale of fruit and vegetable industry
Chart 3.1.1: Production and cultivation area of vegetables over the years
Chart 3.1.2: Production and cultivation area of fruit over the years
Chart 3.2.1: Cultivation area of major crops (thousand ha)
Chart 3.2.2: Production of major crops (thousand tons)
Chart 3.5.1: Import and export turnover of fruit and vegetables over the years
Chart 3.6.1: Major export markets (for the first 6 months of 2020)
Chart 3.6.2: Major import markets (for the first 5 months of 2020)
LIST OF TABLES
Table 1.1.1: GDP growth by sector for Q2/2020 at current prices
Table 2.4.1: Fruit & vegetable industry average index in 2019
Table 3.3.1: Production and planting acreage of major fruits
Table 6.1: Top 10 fruit & vegetable companies in Vietnam
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A - Agriculture, Forestry and Fishing
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01 - Agriculture and related service activities
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011 - Growing of annual crops
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012 - Growing of perennial crops
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013 - Propagation and growing of agricultural cultivars
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014 - Animal production
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015 - Mixed crop-livestock farming
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016 - Support activities to agriculture
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017 - Hunting, trapping and related service activities
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02 - Forestry and related service activities
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021 - Silviculture and other forestry activities and propagation of forest trees
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022 - Wood logging
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023 - Extraction and gathering of non-wood forest products
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024 - Support services to forestry
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03 - Fishing and aquaculture
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031 - Fishing
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032 - Aquaculture
