Rice

Update news Rice

Rice areas to cultivate other crops

 VietNamNet Bridge – Minister of Agriculture and Rural Development Cao Duc Phat spoke with Thoi bao Kinh Te Viet Nam (Viet Nam Economic Times) about changes in agriculture and rural development in 2014.

Vietnamese rice most expensive in Asia?

 VietNamNet Bridge – The November Market Review by global rice market news provider Oryza has shown that that the price of Vietnamese rice remains the most expensive across Asia.

BUSINESS IN BRIEF 27/10

 Exports to hit US$ 131 bln in 2013; Trade performance in first nine months reviewed; Hanoi fails to deal with abandoned land; Vietnam still has edge over Myanmar, VinaCapital; Green code for new buildings

BUSINESS IN BRIEF 8/10

 Rubber exports to earn US$4.5 billion this year; FPT to fund new hi-tech IT centre; Banks decrease rates to revive business growth; Taiwan firms explore opportunities in Vietnam

BUSINESS IN BRIEF 26/9

 Monetary policy for 2011-2013 period; Public investment to be tightened; Slow reforms drag bank-risk profiles; HCM City bid to thaw frozen property market

BUSINESS IN BRIEF 17/9

 HCM City Metro wins investment; Tax cuts likely for micro financiers; Belgian Minister prepares to study Hiep Phuoc Port complex; PM demands dairy hike explanation

Vietnam’s farm produce exports remain precarious

The export prices have been unstable. The main export items such as rice, coffee and rubber have seen the export volumes drop sharply. As for seafood exports, shrimp are the only products seeing growth, while tuna and catfish exports have gone down.

Vietnam to grow more maize and soybean, less rice

 VietNamNet Bridge – If Vietnam expands its maize and soybean growing area, this would benefit farmers, who can be sure they can sell products, and animal feed enterprises which don’t have to import materials any more.

Mekong Delta’s rice turn fragile to hydropower plants

 VietNamNet Bridge – Vietnamese scientists have voiced their deep concern about the fate of the Mekong Delta and the Vietnamese rice farming in the context of the hydropower plant boom.

Japanese market’s door locked to Vietnamese rice

 VietNamNet Bridge – Vietnam once exported 30,300 tons of rice to Japan in 2012. However, the door to the market has still been closed to Vietnamese exporters. Not one ton more has been exported since then.

BUSINESS IN BRIEF 8/7

 US becomes largest importer of Vietnamese tra fish; Sales at supermarkets slow due to high prices; Businesses step up rice stockpiling in Mekong Delta; HCM City sanctions 200 more FDI projects

BUSINESS IN BRIEF 27/6

 Agricultural exports decline; SMEs to get support from eco-consulting centre; FDI hits nearly US$10.5 billion in six months; US pursues tra, basa fish investigations; Mixed reaction to VN trade deficit figures

Rice unsalable, farmers in big distress

 VietNamNet Bridge – Millions of farmers in Mekong Delta never dream of making a profit of 30 percent as promised by the government. They just wish to sell out the rice.

BUSINESS IN BRIEF 9/6

 Delta urged to stockpile rice to keep price stable; Sugar inventory continues to rise; Convenience shop popularity threatens local supermarkets; Mining companies see licenses revoked; Bentley to open sale agent in Vietnam

BUSINESS IN BRIEF 28/5

 Door set to open for more foreign property buying; Mekong Delta pins hope on bumper rice crop; Making audit reports add up for firms; Ads on cell phones rising

BUSINESS IN BRIEF 18/5

 Mortgage loan for social housing touches 6%; VDB mobilises 4.45 trillion VND from guaranteed bonds; Ship yards go on with new orders; Hue plans to build VND 17 billion science-technology centre

Rice paradox

VietNamNet Bridge – Changing crops very offent and being disorganized is a vicious cycle that erodes the strength and capital of farmer families

BUSINESS IN BRIEF 5/3

SBS mulls over solutions to survive; FPT to open rep. office in Myanmar; IT firms bemoan poor incentives; Vung Ro refinery enjoys import tax incentives; Hard year in sight for agriculture

Rice, seafood exports in Mekong Delta face tough market this year

Top officials have urged local authorities in the Mekong Delta to devise solutions to cope with long-term problems that could affect export and production of rice, catfish and shrimp this year.

VFA’s delay in collecting rice makes farmers suffer

The government has decided that rice exporters would buy 2 million tons of husky rice from farmers. However, the effort by the government cannot ensure profits for farmers.