Pepper continues to head North

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Pepper market world over remained hotter than ever. Pepper market world over remained hotter than ever on strong demand amid limited availability with the predictions earlier this year at the Asta Conference that black pepper prices would cross Rs 7,000 a tonne and the white $10,000 a tonne have not only turned true, but it…


Foreign buyers dominate coffee industry

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The market for Viet Nam’s unprocessed coffee beans could become dominated by foreign companies, according to leading exporters who spoke at a recent meeting held in HCM City. Foreigners bought 50 per cent of raw coffee from the 2010 and 2011 crops, according to participants. They took Dak Lak Province which is the country’s biggest…


Foreign firms corner Vietnam’s husbandry industry

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Foreign businesses hold most of the animal feed and livestock breeding market share and are working together to increase prices, according to local industry advocates. “While local firms are suffering losses, and narrowing production, foreign ones are growing in Vietnam, dominating the market, making corrupt use of policy gaps, and increasing prices unreasonably to earn…


Coffee output to hit a record of 1.32 million tonnes

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(VOV) – Vietnam’s coffee output is likely to reach 1.32 million tonnes in the 2011-2012 crop, thanks to favourable climate conditions and expanded cultivated areas, according to Bloomberg. The Ministry of Agriculture and Rural Development said that coffee-growing acreage has increased by 1.8 percent to 548,200 hectares. Bloomberg forecast that Vietnam’s coffee exports will rise…


Vietnam helps Cuban rice production

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Vietnam’s agricultural experts have conducted a training course on rice cultivation for Cuban farmers in Pinar del Rio province. Director of the provincial Rice Experimental Centre, Alexander Miranda said Vietnamese experts will provide Cuban farmers with advanced rice cultivation, watering and caring technologies along with techniques to improve productivity and yielding. Vietnam will also transfer…


Rice exporters rush to store rice for fear about price increases

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As planned, from October 7, Thailand will kick off the plan to collecting rice from farmers at high prices in order to ensure the high profits for the countries’ farmers. The new policy is believed to have big impacts on the rice markets in the world, including Vietnam. In fact, for the last many years,…


Rice exporters start stockpile on possible hike

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Many Vietnamese rice exporters have started to stock rice in anticipation of a possible price hike caused by Thailand’s policy to buy its local products at high prices next month, Saigon Tiep Thi newspaper reported. In Ho Chi Minh City, rice retail prices have been rising by up to VND2,000 a kg during the past…


Chinese company invests in animal feed in Vietnam

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A Chinese Company, Sichuan Tequ Group on Monday officially commenced production of animal feed in Vietnam’s northern Bac Giang Province. Khu Hope Feed Company, the first feed company invested by Tequ Group in Vietnam, with the investment of ten million U.S. dollars and an annual output of 400,000 tons, is currently the largest Chinese-funded feed…


15tr dong needed to rescue Vietnamese coffee exporters

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Vietnam put out 1 million tons of coffee in the 2010-2011 crop. However, more than 50 percent of the output was purchased by foreigners. The foreign businessmen have nearly controlled the domestic coffee price. Especially, they took the actions to tarnish the good repute of Vietnamese enterprises, thus persuading international importers to shift to do…


Agricultural imports rise 23 percent

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Vietnam saw a year-on-year increase of 22.6 percent to US$10.4 billion in the first eight months of this year in imports of material for production and processing and finished products for the farming, forestry and seafood industries. According to the Ministry of Agriculture and Rural Development, the increase was due to a large surge in…


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