Bac Giang lychee revenue hits all-time high

Update: 18:00 | 03/07/2019

The 2019 lychee harvest in the northern province of Bac Giang set a new all-time record for revenue at over VND6.3 trillion (US$270.9 million), according to the Department of Industry and Trade of Bac Giang province.

The lychee cultivation hub of Bac Giang has sold approximately 150,000 tonnes of local lychees in the 2019 crop to earn over VND6.3 trillion including the revenue from lychee products and supporting services.

Bac Giang lychee, lychee revenue, all-time high, Bac Giang province, 2019 lychee harvest,  lychee cultivation hub, VietGAP and GlobalGap

A lychee garden under VietGAP standards in Phi Dien commune, Luc Ngan district.

Despite lower output compared to that of 2018, revenue from lychees in the 2019 crop has increased sharply thanks to higher selling prices, which is the result of improved cultivation methods towards VietGAP and GlobalGap. In addition, more than 50% of lychee output has been exported, bringing about higher value for farmers and producers.

The 2018 lychee crop posted an output of 230,000 tonnes and a total revenue of nearly VND5.9 trillion (US$253.7 million). Meanwhile the lychee revenue from the 2017 and 2016 crops were over VND5.3 trillion (US$227.9 million) and VND5 trillion (US$215 million) respectively.

According to Cao Van Hoan, vice chairman of the People’s Committee of Bac Giang’s Luc Ngan district, the quality of lychees in 2019 was assessed to be the highest ever with high selling prices.

This is also the first year the district piloted organic growing methods on 20ha of lychees which helped to increase the value of the fruit, Hoan noted.

Prices of lychees from the early crop until now have remained stable and high, ranging from VND30,000 – VND70,000 per kg. Farmers can earn an average of VND230 million (US$9,890) per ha of lychees.

Bac Giang lychees are also sold at most large supermarkets, including BigC, Vinmart, Hapro, and others, at a stable price of roughly VND60,000 per kg.

Besides the main export market of China, Bac Giang lychees have been exported to the EU, the Middle East, Russia, the US, Canada, Japan, the Republic of Korea, Singapore, Thailand, Australia and others.

Bac Giang develops lychee economy
(BGO) - Minister of Agriculture and Rural Development Nguyen Xuan Cuong made the remark when witnessing the ways Bac Giang has done in recent lychee crops. The impression of the head of the country’s agricultural sector is also shared by many domestic and foreign businessmen and partners.
Luc Ngan exports over 42,000 tonnes of lychee
(BGO) – As of June 20, Luc Ngan district (Bac Giang province) harvested and consumed more than 77,000 tonnes of lychees.
Vietnam farmers enjoy lychee export price surge
The prices of lychee Vietnam exported to China have doubled over last year on the back of a poor harvest in the neighboring country.
1,000 tonnes of lychees ordered to process for export and comsume at supermarket
(BGO) – According to the Department of Industry and Trade, there are 3 enterprises in the northern province of Bac Giang buying the lychee for processing, namely Toan Cau Food Export Import Joint Stock Company (Luc Ngan district), Bac Giang Big C Supermarket and Vifoco Export Import Joint Stock Company (Bac Giang city).
Luc Ngan: 12 fruits of organic lychee worth over 8 USD
(BGO) – This year, Luc Ngan district (Bac Giang province) introduced the first ever organic lychees that worth 200,000 VND (over 8 USD) per box consisting of 12 fruits.

Source: NDO

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