Hopes were high that the reopening would have a similar impact on other sectors and revive Vietnam's COVID-hit economy, but this could take some time.
The boost in business can be seen in the buzz at the main road in front of Ap village, the centre of a bustling cross-border lychee trade.
Another lychee farmer, Ms Nguyen Thi Huong, said that the prices are higher this year partly because the quality of the harvest this year is better. The price is about VND$0.76 per kg, double the average price last year, she said. "Life here has changed a lot for the better. It was very tough. But thanks to the lychee, life is much better and easier,” said Ms Phuong.With the border reopening now pushing up prices, the couple hope to save up enough money to send their son to university in the capital Hanoi this year.
Vietnam's durian export has also increased 18 folds year on year to more than US$500 million in the first five months of this year.Hopes were high that China’s reopening would have a similar impact on other sectors and revive Vietnam's COVID-hit economy."China's reopening impact, we are seeing it, but I think the pace is slightly gradual or slightly slower than what we had expected at the beginning of 2023,” said HSBC Global Research economist Yun Liu.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amazon Prime Day sales rise as deep discounts tempt inflation-hit customersAmazon.com's Prime Day shopping event saw U.S. online sales rise nearly 6 per cent to $6.4 billion from a year ago on its first day, as heavy discounts lured bargain-hunting customers who splurged on appliances and toys, Adobe Analytics data on Wednesday showed. U.S. shoppers have been waiting for the bes
Read more »
Amazon Prime Day sales rise as deep discounts tempt inflation-hit shoppers:Amazon.com's Prime Day shopping event saw U.S. online sales rise nearly 6 per cent to $6.4 billion from a year ago on its first day, as heavy discounts lured bargain-hunting customers who splurged on appliances and toys, Adobe Analytics data on Wednesday showed. U.S. shoppers have been waiting for the best p
Read more »
#trending: AirAsia flight attendant goes viral for entertaining passengers with passionate rendition of Ed Sheeran’s PerfectVIETNAM — A video of an AirAsia flight attendant passionately singing Perfect by English singer-songwriter Ed Sheeran to entertain passengers on a flight has gone viral on TikTok, leaving netizens in stitches.
Read more »
Woman complains to Dyson about her hairbrush falling apart, but sales agent tells her to just 'buy another one’ - Singapore News“My ‘no brand' brush can last even longer than this... i dont think i want to spend another $60 plus to buy a hair brush that cant even lasted me for 2 years!” she said and tagged the company in her post
Read more »
Filipino Taylor Swift fans lead the pack to Singapore—driving demand for hotel accommodations for Eras Tour dates - Singapore NewsThis was followed by Swifties from Indonesia, Thailand, Malaysia, and Vietnam. Singapore is the only South East Asian stop on the pop superstar’s tour
Read more »
Elon Musk takes aim at OpenAI with xAI launchElon Musk launched his long-teased artificial intelligence startup xAI on Wednesday with a team of engineers from the very US technology firms he hopes to challenge in his bid to build an alternative to ChatGPT. Musk has warned for months about AI's potential for 'civilizational destruction,' arguing that
Read more »