Rice exports climb to record heights

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HCM CITY — Viet Nam’s rice exports in the first seven months rose to a record high of nearly 4.62 million tonnes and fetched US$2.18 billion, the Viet Nam Food Association reported. It represented an increase of 16.72 per cent in volume and 26.07 per cent in value, Huynh Minh Hue, VFA’s general secretary told…


‘Small-scale’ farms set to mushroom

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HA NOI — Present mushroom cultivation was not comm-ensurate to the country’s potential and demand, according to Dinh Xuan Linh, director of the Agricultural Genetics Institute’s Biotechnology Centre. "The mushrooms growing in Viet Nam are still found scattered and at the small scale of household or farm production," Linh said. The country’s total output of…


Vegetable shortage raises prices in Hanoi

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Bad weather conditions coupled with heavy infestation of pests in vegetables has caused prices to rise as well as create a supply deficit in markets in Hanoi, as per the Department of Industry and Trade. The recent two very severe storms in the Northern Provinces caused heavy flooding in many parts, especially in the fertile…


Some key export farming products to fall export value against targets

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Some key farm export products struggled 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 said. The ministry has reduced expectations in export value for seafood, coffee and rubber. Export prices on the world market were expected to fall…


Cashew nuts processing companies in need for help

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Around 300,000 tonnes of cashew nuts was purchased and an addition of 122,000 tonnes was imported by Vietnamese cashew processing companies, said the Vietnam Cashew Association (Vinacas). Vinacas also asked the State Bank Governor to provide them VND12 trillion in loan with preferential interest rates to buy a total amount of 360,000 tonnes of cashew…


Ministry licenses 44 rice exporters nationwide

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Up to 44 food traders will be able to engage in rice export under new standards applicable from October 1, comprising 29 enterprises having been licensed and 15 others pending the stamp of approval from authorities. Phan Van Chinh, head of the Import-Export Department under the Ministry of Industry and Trade, told an online meeting…


Meat prices likely to fall before Tet

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HCM CITY — The animal husbandry industry in the remaining months of the year will strengthen production to ensure supply of livestock and poultry meat in the domestic market at reasonable prices, especially on the occasion of Lunar New Year, an official said yesterday. Nguyen Thanh Son, deputy head of the Animal Husbandry Department, said…


Thai rice dealers warn against gov’t price hike

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HCM CITY — Thai rice exporters are looking for alternative sources of supply in Viet Nam and Cambodia in case the new government makes prices too high for export. The Thai Rice Exporters Association (TREA) has been crying foul about the newly-elected Pheu Thai’s announced policy to allow farmers to mortgage their entire harvest for…


Fertiliser giant opens branch in Cambodia

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Phnom Penh — The PetroVietnam Fertilizer and Chemicals Joint Stock Company (PVFCCo) officially opened a branch in Cambodia last Friday in an attempt to sell products directly to local farmers. Since the establishment of its representative office in Phnom Penh in May 2010, PVFCCo, an affiliate of the Viet Nam National Oil and Gas Group…


Vietnam’s fruits and vegetable exports may reach $500m in 2011

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The country’s fruits and vegetable exports in 2011 may touch some $500 million, according to Ministry of Industry and Trade (MoIT). In the first half of 2011, Vietnam’s export turnover for fruits and vegetables fetched $297.8 million, rising 29.8 percent from the same period last year thanks to strong demand from different markets. The statistics…


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