Vietnam’s leading fruit exporter eyes 20% growth
The Dong Giao Foodstuff Export Joint Stock Company (DOVECO), Vietnam’s leading exporter of vegetables and fruits, expects a year-on-year increase of 20% in export in 2018.
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DOVECO Deputy Director General Dinh Gia Nghia said that the company set a target of US$100 million in fresh and processed fruit and vegetable export turnover in 2020.
Along with a processing complex in Ninh Binh province and a plant in Bac Giang province with a combined capacity of 40,000 tonnes of products a year, the company plans to put another processing plant into operation in the Central Highlands province of Gia Lai in the third quarter of this year.
The Gia Lai plant has a designed capacity of 30,000 tonnes of products per year, focusing on concentrate juice, frozen products and canned food. Once operational, it is expected to buy and process hundreds of thousands of vegetables and fruits of various kinds in the Central Highlands region.
The plant’s revenue is expected to reach at least VND1.8 trillion (US$79 million).
DOVECO’s products are now available in 63 cities and provinces nationwide and 30 countries over the world.
