Chinese traders buying unseasoned coconuts heavily

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Many Chinese traders have flocked to the Mekong Delta province of Ben Tre to buy large amount of coconuts from Vietnamese dealers although it is not season now. There are around nine ships of Chinese traders gathering at the Ham Luong River – the section in Ben Tre Province – to look for coconuts from…


Vietnam fruits find many markets ripe for plucking

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Vietnam’s fruit exports topped $US205.6 million in the first quarter, a 32.2 percent rise from the same period last year, according to the customs. With their variety and improving technologies, Vietnamese fruits are becoming popular in many new markets, sending exports soaring. The Vietnam Fruit Association said the country sold fruits to more than 50…


Vietnam attends rice conferences in Thailand

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Vietnam together with world-leading rice trading nations are attending the World Rice Standard Summit 2011 in Nakhon Sawan province, Thailand, on June 22. Earlier, Vietnam also had a chance to seek international trade partners at the Thailand National Rice Conference in Bangkok on June 20. The two events are aimed at boosting rice production and…


Vietnam prices stable due to African rice demand

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Vietnam has been contracted to sell around 100 000 tonnes of 25% broken rice to several African nations so far in June, helping to keep prices stable at the start of a harvest in the Mekong Delta, traders said on Wednesday. Broken rice, which doesn’t cook well, is usually taken out during the milling process…


Group urges sugar price stabilisation

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The re-import of sugar is necessary in order to stabilise prices in the domestic market, according to a proposal by the Viet Nam Sugarcane Association sent to the Ministries of Agriculture and Rural Development as well as Industry and Trade. The proposal is based on current market demand and supply and not on official demand,…


Vietnam’s coffee production to rise next year, USDA unit says

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Vietnam’s coffee production will rise to 20.6 million bags in the year that begins Oct. 1 from 18.73 million a year earlier, a U.S. Department of Agriculture unit said in a report dated May 25 and posted today on the agency’s website. Vietnam’s coffee production will rise to 20.6 million bags in the year that…


Vietnam should focus on branded cashew

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Vietnam should focus on selling branded cashew in foreign markets to earn more revenue from higher up the value chain, deputy agriculture minister Luong Le Phuong told a conference in Ho Chi Minh City. The minister said the industry should work with international buyers to invest in processing and build brands, which was now mostly…


Vietnam, Lao boost cooperation in planting rubber

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Vietnam’s southern province of Binh Duong and Laos Champasak province will step up cooperation in planting rubber trees and technical transfer to increase plantation areas in the next five years. This is part of a nine-point agreement signed between the two provinces’ leaders on June 21 during a Vietnam visit by a high-level delegation from…


Pepper becomes hot commodity in Gia Lai

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Hundreds of pepper farmers in the Central Highlands province of Gia Lai feel they have won the lottery. With just one crop they have turned into dong billionaires, thanks to a sharp increase in world pepper prices. In the last crop, pepper prices rose higher than at any point in the previous 15 years, reaching…


High interest rates force fish prices down

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The “tra fish price fever” in the Mekong Delta has subsided. In early April, the tra fish price was at sky high levels of 28,500 dong per kilo, while it has dropped to 26,500 dong per kilo. Experts believe that the overly high bank loan interest rate is one of the reasons that have forced…


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