Unsettling farm trade with China

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Vietnamese farmers and businesses are experiencing very unstable trade with Chinese traders who pay very high for farm produce they need, but when the commodity is in surplus the price drops. According to the Mong Cai Animal Quarantine Station in the northern province of Quang Ninh, since early this year, Chinese traders have paid high…


Farmers fret over high fertiliser prices during growing season

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A strong increase in fertiliser prices during June has caused farmers, who need to spray their summer-autumn crops, much worry, according to the Ministry of Industry and Trade’s Market Watch Team. Le Quoc Phong, deputy chairman of the Viet Nam Fertiliser Association and general director of the Binh Dien Fertiliser JSC, confirmed that urea and…


Mekong delta needs to focus on rice

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Bac Lieu province and other Mekong delta provinces need to maintain the rice-growing acreage, to ensure national food security and social welfare. State President Nguyen Minh Triet issued this requirement during his working session with the Party committee and people of Bac Lieu on June 21. He stressed the need to apply advanced technology in…


Sugar output estimated to reach 1.143m tons in 2010-2011 cro

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Till this time as the 2010-2011 crop ends, only 4 of 38 sugar refining factories are operating and they too are going to stop by June 30, according to the Ministry of Agriculture and Rural Development. Up to June 15, all factories produced 1,138,880 tons of sugar, 248,880 tons higher than one year earlier. Total…


Largest soybean processing plant officially opens

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The Bunge Vietnam Co, Ltd, a branch of the US’ Bunge Corporation officially inaugurated its soybean processing plant in Phu My 1 Industrial Park in the southern province of Ba Ria – Vung Tau on June 27. The factory, the largest of its kind in Vietnam, has a total investment of US$100 million with the…


Pepper exports forecast to double

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Pepper exports were likely to double last year’s figure to reach US$766 million this year, forecast the Ministry of Agriculture and Rural Development (MARD). The prediction was made because the world currently has a limited supply of pepper. The International Pepper Community (IPC) previously forecasted that this year’s global pepper production would fall by 6,500…


Vietnam southern delta switches to large-field farmin

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Many provinces in the Mekong Delta have set the model of large paddy fields for the summer-fall crop, after the model proved better profit than individual farmers working in their own small fields. The fields range between 100 and 2,000 hectares, many of them in An Giang Province. Doan Ngoc Pha, deputy director of An…


Sugar prices down, fertiliser prices up

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The price of sugar had gone down while those of six other essential goods had gone up in the first four months of the year, the Ministry of Finance said. Chemical fertilisers showed the highest price increase, up 25 per cent, while the lowest was animal feed, up 1.05-2.56 per cent. Enterprises in Ha Noi…


Large volume of Vietnamese litchi exported to China

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Over the past week, Vietnam has exported 400-500 tonnes of litchi to China every day via the Lao Cai international border gate. The average export price ranged between VND15,000-18,000 per kilo (4-5 Chinese yuan per kilo). During this year’s litchi season, all Vietnamese litchi products exported to China are packaged in line with international standards.…


Agro-forestry, aquatic exports reach US$12 billion

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Export earnings from agro-forestry and aquatic products in the first half of 2011 was estimated at US$12 billion, up 38.7 percent over the same period last year, according to the Ministry of Agriculture and Rural Development. In June alone, agro-forestry and aquatic products fetched US$2.1 billion, mainly from key export items like coffee and rubber,…


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