Currently, dragon fruit in Binh Thuan are purchased at the price of between VND16,000 and VND20,000 per kilo whilst the export price of high-quality dragon fruit stands at VND22,000 per kilo.
Especially, in early June, the price of dragon fruit from the province’s orchards enjoyed a new record high of VND30,000 per kilo, even raising to VND32,000 per kilo.
According to local farmers, gardeners are able to make huge profits during the peak fruit harvesting season. Indeed, even if the fruits have been sold for only VND8,000, the gardeners would still be able to make a profit.
Binh Thuan is home to some 30,000 hectares of farms specifically dedicated to growing dragon fruit and has an output of more than 550,000 tons per year, largely from the districts of Ham Thuan Nam, Ham Thuan Bac, Ham Tan, and Bac Binh. China remains a key export market for the province’s dragon fruit.
In recent times, the province has undergone an expansion of its consumption markets to new locations such as the United States, Japan, Germany, France, Canada, the United Arab Emirates, and Russia.
Under guidelines set by local authorities, farmers in the province must develop clean dragon fruit cultivation areas suitable for export to various markets throughout the world in order to raise overall standards and give the farm produce a boost.