Experts and businesses believed that with stronger investment, value-chain-based production and expanded export markets, banana exports could realistically approach the US$1 billion target.

Vietnam's banana industry has the potential to achieve an export value of US$4 billion, according to Pham Quoc Liem, chairman of U&I Agriculture Corporation (Unifarm).

VOV.VN - Vietnam exported 420,000 tonnes of bananas to China during the first six months of the year, the highest by any country to that market, up 18.5% compared to the same period from last year.

Vietnam's agricultural products were sold well in foreign markets in Q1, with a surge in both volume and prices documented.

VOV.VN - 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.

Vietnam and China are negotiating to develop phytosanitary protocols for eight kinds of Vietnamese fruits exported to China.

VOV.VN - China has agreed to resume importing Vietnamese dragon fruit and bananas through the Kim Thanh International Border Gate in Lao Cai province following a hiatus due to COVID-19.