Rice exports face challenges from foreigners in Cambodia

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Vietnamese rice exporters will face tough competition from foreign countries looking to exploit advantages that Cambodia presents as a beneficiary of the the EBA (Everything But Arms) initiative, says an Econet report. Under the EBA, Cambodia, as a least-developed-country, enjoys zero tariffs and no quotas for exporting its farm produce, especially rice, to the EU.…


Pepper turnover nothing to sneeze at

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Viet Nam exported 20,000 tonnes of pepper in July, taking the year-to-date volume to 82,000 tonnes and earnings to US$446 million. The volume was down from the same period last year, but the turnover was higher than the full-year figure of $421 million in 2010, the Viet Nam Pepper Association said. Pepper output for this…


Vietnam ships more rice as global demand grows

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Vietnam shipped 4.61 million tons of rice during the first seven months. Vietnam’s rice exports rose 26 percent year-on-year in the first seven months as importers looked for new suppliers in anticipation that Thailand will raise its prices, industry insiders say. According to the Vietnam Food Association, the country shipped 4.61 million tons of rice…


Vietnam coffee premium said to drop as much as 18% in two weeks

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The premium buyers are prepared to pay for coffee in Vietnam fell as much as 18 percent in the past two weeks as roasters turned to beans stored in Europe, three traders said. Vietnamese coffee cost $140 to $150 a metric ton more than prices on NYSE Liffe in London, according to the people, who…


Country to keep 3.8 million hectares of rice cultivation land

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The Hanoitimes – The Ministry of Agriculture and Rural Development of Vietnam has submitted a plan to Prime Minister Nguyen Tan Dung which aims to encourage agricultural development nationwide until 2020, with a vision to 2030. Under the scheme, the area of agricultural land will be 26.7 million hectares until 2020 while the land used…


Tax exemption requested for rubber exports

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HA NOI – The Ministry of Agriculture and Rural Development (MARD) has asked the Ministry of Finance (MoF) not to impose an export tax on rubber coded HS 4001 to encourage exports this year. Bui Ba Bỏáng, MARD’s deputy minister said that under the nation’s rubber development plan to 2015 with a vision to 2020…


Farm export value falls below targets

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Some key farm export products are struggling to reach targets this year due to a lack of raw materials and disadvantages on the world market, the Ministry of Agriculture and Rural Development has said. The ministry has reduced expectations in export value for seafood, coffee and rubber. Export prices on the world market were expected…


Sugar imports will help cut prices

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The Hanoitimes – The Department of Processing and Trade for Agro-Forestry-Fisheries Products and Salt Production under the Ministry of Agriculture and Rural Development has asked the Ministry of Industry and Trade to resume sugar imports in order to avoid rising prices in October and November this year. "Up to the middle of July, domestic manufacturers…


VN likely to have bumper rice crop

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VGP – This year’s rice yield is expected to reach over 41 million tons, up 2.6% against 2010, said Ministry of Agriculture and Rural Development (MARD). This was said to be attributed to expanded application of scientific and technological advances, high-yield varieties as well as “supportive” weather conditions. Winter-spring rice productivity is estimated at 63.47…


Dried litchis exports falling in prices, Chinese control the market

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The dried litchis market has been opened for the last two weeks, but the prices have halved from the beginning of the litchi crop. Vietnamese exporters complain that Chinese traders have been forcing the prices down. Vietnamese exporters playing “game of chance” For the last ten years, the dried litchis market began in June and…


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