Increased supply and decreased demand have caused fruit prices in Ho Chi Minh City to plummet.
Abundant supply due to the rush of fruit harvests, coupled with sluggish demand, has led to a sharp drop in prices at markets in Ho Chi Minh City.
Abundant supply due to the rush of fruit harvests, coupled with sluggish demand, has led to a sharp drop in prices at markets in Ho Chi Minh City.

This summer, Ho Chi Minh City is organizing many large-scale fruit festivals, shifting from selling cheap agricultural products to offering tourism experiences and promoting culture.

Not only are these fruits rare, but they are also sold at exorbitant prices.

To date, Vietnam has exported six types of fresh fruit to the US market, including mangoes, lychees, longans, rambutan, star apples, and dragon fruit.

Vietnamese plums are at the end of their season, but the market is still flooded with imported products, ranging from inexpensive options to high-end ones costing nearly 1 million VND per kilogram.

Many people are willing to spend over 600.000 VND to buy one kilogram of candied pomelo peel imported from Thailand; this price is 2-3 times higher than the domestic product and 10 times higher than the price of green pomelos grown by local farmers.

Japanese mangoes, strawberries, and loquats fetch exorbitant prices when imported to Vietnam, yet many stores still don't have them in stock.