State to pay 100 per cent of farm insurance
October 13, 2011 by khanhdoan2
The Ministry of Finance has issued a circular effective next month to guide implementation of Prime Minister’s Decision 315 on subsidising agricultural insurance for farmers to help them overcome the impacts of natural calamities and diseases. Under the two-year pilot programme, the government will pay 100 percent of the insurance premiums for poor farming households [...]
Vietnam, Cuba boost cooperation in rice production, trade
October 6, 2011 by khanhdoan2
Vietnam and Cuba have discussed measures to increase bilateral cooperation in various areas, especially rice production. Despite numerous difficulties, the Vietnamese Government gives priority to cooperation projects on rice production with Cuba, said Construction Minister Trinh Dinh Dung at the 29th session of the Vietnam-Cuba Inter-governmental Committee in Hanoi on October 7. Mr Dung, who [...]
VFA denies rumour on Indonesia’s imports of extra 700,000 tonnes Vietnamese rice
October 6, 2011 by khanhdoan2
Vietnam Food Association (VFA) has denied a rumour that the National LogisticsAgency of Indonesia has signed a contract to buy additional 700,000 tonnes of rice from Vietnam, the local newswre VnExpress reported on Friday. According to rice exporters, while the local rice market has suffered a recent strong volatility, the wrong information about Indonesia importing [...]
Vietnam needs rice export strategy
October 6, 2011 by khanhdoan2
The Ministry of Agriculture and Rural Development (MARD) has drawn up a food security strategy to ensure a balance between production and consumption. However, economists say that Vietnam should have a macro policy based on the prospect of rice exports in the world. The Ministry of Industry and Trade (MoIT) has proposed a number of [...]
Vietnam cuts 2011 coffee export forecast to 1.12m tonne
October 6, 2011 by khanhdoan2
Vietnam, the world’s top robusta producer, has cut its annual coffee export projection for the calendar year 2011 to 1.12 million tonnes, or 18.7 million bags, from a previous forecast of 1.17 million tonnes, the agriculture ministry said. August’s export volume of 36,000 tonnes was below previous forecasts, leading to the downward adjustment for the [...]
Coffee harvest in Vietnam region to climb 10 pct as quality rises
October 6, 2011 by khanhdoan2
Coffee production from Vietnam’s main growing province may jump 10 percent this season as bean quality climbs, producers and the government said, bolstering forecasts that a record nationwide crop will swell global robusta supplies. Dak Lak’s harvest, which accounts for about a third of the nation’s harvest, may rise to 400,000 metric tons, according to [...]
Coffee prices sink as Starbucks cup costs $1.50
October 5, 2011 by khanhdoan2
Farmers from Vietnam to Brazil will supply a record robusta crop in the marketing year that begins next month, extending a slump in coffee futures that spurred Kraft Foods Inc. and J.M. Smucker Co. to cut prices. Production will rise 5.4 percent to 3.29 million metric tons (54.9 million 60-kilogram bags) in the 2011-12 season, [...]
Fruit prices slump on big harvest, again
October 5, 2011 by khanhdoan2
To many farmers in the Mekong Delta region, the bumper fruit harvest this year just means massive losses since prices have dropped by more than a half after foreign importers stopped buying them. In Ben Tre Province’s Cho Lach District, the Mekong Delta’s fruit basket, most farmers are unhappy with their bountiful rambutan, dragon fruit, [...]
Vietnam takes part in coffee conference in London
October 5, 2011 by khanhdoan2
Vietnam joined representatives from 80 other coffee importers and exporters worldwide at the 107 th session of the International Coffee Organisation (ICO) inLondon from Sept. 26-30. During the session, the delegates discussed the apparatus of the ICO in the new tenure, accessed the situation in the world market and made forecasts on worldcoffee outputs in [...]
Will Vietnamese farmers benefit from new Thai rice pricing policy?
October 5, 2011 by khanhdoan2
In principle, Vietnamese farmers will get benefits from the new Thai policy under which the government will buy rice at 15,000 baht (500 dollars) per ton from farmers. However, the benefits remain unclear, though the domestic price has increased slightly. How will the rice price be like? While some experts believe that the rice price [...]
