Vietnamese litchis served as appetizing fruit for Chinese

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The litchi orchards in Luc Ngan, the “chief litchi district” of Vietnam are ripening profusely. Chinese merchants have been waiting here for a couple of weeks to collect litchis to carry to China for sale. Best products carried to China Chinese merchants have been present in Luc Ngan since late June 2011–they rent warehouses to…


Coffee prices fall over weekend

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Viet Nam’s robusta coffee price in the local market on the Central Highlands dropped to VND50,000/kg on Saturday, from VND50,600/kg earlier last week. It was an eventful week for the coffee local market, though there were rumours about the frost season in Brazil, the world’s biggest coffee producer and exporter. For many people in the…


New decree to sideline over 100 rice exporters

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Over 50% of the current 211 rice exporters are likely to lose their export licenses from October 1 when a new decree is to take effect demanding stricter criteria. Under Decree No.109 issued by the Ministry of Agriculture and Rural Development, rice exporters are required to have a storage capacity of at least 5,000 tons…


Chinese lease Vietnamese land to grow sweet potatoes

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Not only collecting sweet potatoes in Vietnam, Chinese have also been coming to Vietnam, leasing land to grow sweet potatoes to export to third countries. Sweet potato growers in Binh Tan district in Vinh Long province are hurrying to expand the growing area to over 6000 hectares. When the prices of Japanese violet sweet potatoes…


Fruit, vegetable exports up by a third

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Viet Nam exported US$302 million worth of vegetables and fruits in the first six months of the year, up 32.5 per cent against the same period last year, according to the General Statistics Office. In June alone, exports reached $50 million. The demand for Vietnamese vegetables and fruits in regional markets like China and Indonesia…


Vietnam to delay rice stockpile as prices stay high

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Vietnamese rice exporters will delay for an indefinite period an industry plan to buy 1 million tonnes of milled summer-autumn paddy for a three-month stockpile due to high prices, state-run newspapers cited industry officials as saying on Wednesday. They had planned to buy the grain on domestic markets between July 15 and Aug. 30 to…


Urban market becomes cramped, banks flock to rural areas

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VietNamNet Bridge – Banks have been stepping up the lending to the agriculture sector and rural areas. Developing the rural market is considered “a stone that kills two birds”, because this allows to push up credit, while this can help develop the agriculture and rural areas as requested by the State. The representative from Lien…


Vietnam July coffee export to drop from June-traders

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Vietnam is expected to export between 45,000 tonnes and 70,000 tonnes, or 750,000 to 1.17 million bags, of coffee this month, down from an estimated loading of 80,000 tonnes in June, traders said on Tuesday. “The (domestic) supply is drying up so buyers could switch to taking beans right from stocks in Europe,” a trader…


Agriculture in Vietnam gets a boost with new public-private sector project

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Twelve global companies have joined with the Government of Vietnam to launch a public-private task force to advance sustainable agricultural growth in the country. Developed through discussions of the Forum’s New Vision for Agriculture Initiative, the task force will take an innovative approach to improve food security and agricultural sustainability nationwide. As the first of…


IFAD helps Vietnam develop agriculture

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The International Fund for Agriculture Development (IFAD) has pledged to provide USD48.35 million in loans for the agricultural project in Vietnam. Illustration photo On behalf of the Vietnamese Government, Vietnamese ambassador to Italy, Dang Khanh Thoai signed an agreement with IFAD at its headquarters in Rome on February 25. This is the biggest IFAD aid…


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