Vietnam’s industrial production index for the processing and preserving of fruits and vegetables revealed a mixed performance in October, underscoring the sector’s long-term growth despite short-term volatility. The sector saw a 5.8 percent dip in October compared to September, likely attributable to some residual impacts of Typhoon Yagi earlier in the year.
However, compared to October 2023, the industry showed remarkable resilience with an 18.8 percent year-over-year increase, driven by sustained export demand and domestic consumption.
For the period from January to October 2024, the processing and preserving of fruits and vegetables achieved a 17.1 percent growth compared to the same period in 2023. This year-to-date growth highlights the sector’s expanding role in Vietnam’s economy, propelled by strategic initiatives to boost production capacity and improve quality standards to meet international market requirements.
See also: Agriculture Industry in Vietnam