Price of lychee hits record high

7/11/2017 - 9:47:51 PM

The price of lychee has reached an all-time high up to VND80,000 (US$3.52) per kg this year, while the highest price recorded last year was only VND40,000 (US$1.76) per kg.

The average price of lychee this year is VND40,000 (US$1.76) per kg

Director of Bac Giang provincial Department of Industry and Trade Tran Quang Tan said that the price of Luc Ngan lychee has hit the highest levels since first being planted in Bac Giang in 1953.

The average price of lychee this year is VND40,000 (US$1.76) per kg while last year's average price was VND25,000 (US$1.1) per kg.

According to the report of the provincial Department of Industry and Trade, Bac Giang had consumed nearly 81,000 tonnes of lychee by July 10, with a total revenue of over VND31 trillion (US$1.36 billion).

The 2017 lychee harvest is expected to conclude in four days’ time with a total estimated output of approximately 86,000 tonnes.

Bac Giang lychee growers are estimated to earn an additional VND1.2 trillion - VND1.5 trillion (US$52.8 million – US$66 million) in revenue in comparison with 2016.

Around 54,400 tonnes of lychee have been sold domestically and the remaining has been exported to 30 countries across the world. Thailand and the United Arab Emirates (UAE) are the latest importing markets of Vietnamese lychee.

China remains the largest importer of Vietnamese lychee and has consumed over 24,720 tonnes of lychee this year.

This year, lychee has been piloted for export to the US by sea instead of by air in an attempt to save on transportation costs.

Source: NDO

Rich and Flavorful Honey of Dao Village

Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.

Lac Thuy district prioritises resources for industrial, handicraft development

In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.

Phu Thanh implements organic practices in tea production

Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.

Hoa Binh works hard to accelerate progress of key projects

Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.

Hoa Binh achieves record-breaking economic growth in Q1

Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.

Hoa Binh focuses on building strong OCOP brands for sustainable growth

Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.