With Vietnamese banana exports to Japan making up less than 1% of the Far East nation’s banana imports, there remains ample room for the export of bananas as well as other fruits to this market in the future, according to industry insiders.
The Vietnamese economy is anticipated to enjoy positive growth of roughly 6% this year, while inflation is forecast to be at between 4% and 4.5%, according to financial experts.
With robust export growth in both the United States and the EU markets last year, there are bright prospects ahead for Vietnamese shrimp exports in 2022, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Foreign direct investment (FDI) attraction in Vietnam is expected to peak up steam in the coming months following several foreign investors’s decisions to inject huge amounts of capital into a number of major projects across the country, according to industry insiders.