Latest news with #VND100
The Star
10-05-2025
- The Star
Two men charged in US$3.9mil durian chemical case in Vietnam
HANOI: Two men in the Central Highlands province of Dak Lak are being investigated for smuggling chemicals used for ripening and preserving durian fruits, with total transactions approaching VND100 billion (US$3.9 million). Local police announced on Friday (May 9) that they had initiated legal proceedings against Nguyen Thai Nguyen, 42, from Tien Giang province, and Tran Van Ngo, 45, from Ha Tinh province. Nguyen and Ngo allegedly collaborated in 2022 to import chemicals from Thailand used for ripening and preserving durian fruits. They communicated via telephone and the Telegram social media platform to coordinate purchases, agree on delivery terms and make payments through bank transfers. Based on Nguyen's requests, Ngo contacted a company in Thailand to purchase the goods, then arranged for them to be packaged, labelled, and transported into Vietnam via informal border crossings. In late July 2024, police caught Nguyen and a hired worker loading goods from an apartment in the Ecocity Premia urban area in Buon Ma Thuot City, into a car for delivery to a customer. Authorities seized 293 cardboard cartons packed with 3,500 bottles and containers, all labelled in foreign languages without supplementary labels or documentation indicating origin. Evidence collected by police shows that between 2023 and July 2024, Nguyen and Ngo had carried out 80 transactions involving the smuggled products, with a total value close to VND100 billion. Police are finalising the case file for prosecution. - Vietnam News/ANN
The Star
22-04-2025
- Business
- The Star
Durian prices plummet in Vietnam's Mekong Delta as exports to China decline
MEKONG DELTA, (Vietnam): (Bernama-VNA/VN) Durian prices in Vietnam's Mekong Delta provinces are falling sharply, in some areas to just a third of the levels seen during the same period last year, as China tightens quality control procedures and delays customs clearance. In key durian-growing regions Tien Giang, Can Tho and Ben Tre, Ri6 sells for VND35,000-40,000 (US$1.40-1.60) per kilogramme (kg)at the orchard, compared to VND100,000-120,000 (US$3.90-4.70) a year ago, Vietnam News reported. Monthong durian from Thailand is also affected, with prices now at just VND60,000 to 70,000 (US$2.30 to 2.70) per kg. Tran Dình Phong, a durian farmer in Tien Giang, said that though his orchard was ready for harvest, traders were buying with caution, and even orders secured last month at VND60,000 per kg were now at risk of cancellation due to continuous price declines. "Currently, I can only retail to small traders at about VND45,000 per kilo for good quality fruits.' Farmers, traders and businesses are all feeling the pressure. Nguyen Minh Thai, a durian trader, said last year he bought 30 tonnes of durian per day for export to China, but only three to four tonnes since March this year, as partners slashed orders. He pointed out that China now requires 100 per cent inspection of durian shipments and rigorously tests for pesticide residues, heavy metals, and Auramine O (Basic Yellow 2 or BY2), a dye typically used in industry and banned due to its cancer risk. With inspection times lengthening, many shipments were left stockpiled at the border, resulting in fruits cracking and spoiling by the time they reached the market. Several businesses in Tien Giang said they had to sell domestically at a loss of up to 40 per cent after waiting too long for customs clearance. "The risk is too great, and so we are forced to limit purchases,' a business representative admitted. In 2024, durian exports fetched a record US$3.3 billion, making up nearly half of the country's earnings from fruits and vegetables. But in the first two months of this year, exports fell by 69 per cent to US$52.7 million. Exports to China, the main market, fell by 83 per cent to US$27 million as durian slipped from its top spot to third behind dragon fruit and banana. Businesses have called on authorities to negotiate with China to recognise the results of inspections conducted in Vietnam and to reduce the testing time to no more than four days. - Bernama-VNA/VN In addition, quality control should be improved at source, with guidance for farmers on using fertilisers and pesticides to comply with quality standards, they said. The Plant Protection Department said it had strengthened oversight of growing areas and packing facilities, suspending export codes for those that fail to meet standards on residues, heavy metals, or traceability. The Vietnam Fruit and Vegetable Association has warned that unless the issues with inspection and customs are resolved soon, the US$3.5 billion durian export target for 2025 may not be achieved, and the sector could continue to face heavy losses. -- BERNAMA-VNA/VN TAGS: Vietnam, durian, Mekong Delta, China, quality control, procedures
