Vietnamese mangoes HOPE to win over US consumers

During his two-day visit to Vietnam, U.S. Agriculture Secretary Tom Vilsack said on Tuesday 27 April that the country has the chance to penetrate the US market thanks to the Trans-Pacific Partnership (TPP) trade deal.

 Vietnamese green produce and mangoes were highlighted as the fresh produce to win over American consumers, Vilsack told reporters in Ho Chi Minh City, after touring an outlet of Vietnam’s leading supermarket chain Co.op Mart.

Mango is grown in small commercial volume in the U.S. so Vietnamese businesses have an opportunity to sell this fruit to America, he explained. 

As previously reported here, Vietnamese Minister of Agriculture and Rural Development Cao Đức Phát asked the US to allow the import of Vietnamese mangoes, as well as starfruits soon.

Once the TPP takes effect, the U.S. is expected to drop up to 90 percent of the tax lines for Vietnamese goods, which Vilsack said will make Vietnam’s produce more competitive in the U.S. market.

On the other hand, Vietnam will also reduce and eventually eliminate tariffs across a broad range of food and agricultural products, which will help put U.S. exports on a level playing field and give the United States a leg-up on non-TPP competitors.

Vietnam's average tariff on U.S. agricultural products is 16 percent, while the average U.S. tariff is five percent, according to the U.S. Department of Agriculture.


Publication date: 4/29/2016