Privately held Vietnamese jam maker Vinamit has announced it is now generating the majority of its turnover from exports.
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The company has been able to fulfil growing consumer demand for preserves made from exotic fruits such as jackfruit, banana, guava, mango and sweet potato. Exports generated revenues of US$6.7m in the first half of this year, accounting for 60% of overall sales.
Vinamit already dominates the Vietnamese market with a 90% market share, and expects total sales of VND150bn (US$9.4m) this year.
Vinamit has invested in establishing a 10,000 ha material production area in the southern provinces of Binh Duong and Binh Phuoc.
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