Tea industry seeks competitive edge

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The domestic tea industry is seeking effective means to increase global competitiveness, according to the Vietnam Tea Association. “Vietnam is the fifth largest exporter of tea in the world. We export tea to 118 nations and territories, but the price of Vietnamese tea is only about 60 per cent of the world price,” said the…


Over VND100 bil allocated for agricultural encouragement in 2011-2015

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The National Agricultural Encouragement Centre has announced that as much as VND102.1 billion will be invested in fish farming for the next five years. This is part of agricultural encouragement projects applying the advanced methods to meet Global GAP (Good Agricultural Practice) standards. The focus will be on equipping farmers with aquaculture skills and knowledge…


Sugar makers seek investment

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The Viet Nam Sugar and Sugarcane Association (VSSA) has proposed several measures to improve the sustainability and management of the domestic sugar industry. In a meeting last Saturday, the VSSA asked Prime Minister Nguyen Tan Dung to allow sugar factories to access more bank loans so they can make payments to sugarcane farmers, who need…


Vietnam’s rice export in 2011 likely to exceed 2010′s record

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Vietnam’s rice export this year may reach over seven million tonnes, up 3.5% year on year, according to the plan of Vietnam Food Association (VFA). The Ministry of Industry and Trade confirmed that Vietnam’s rice export in 2011 is expected to exceed the record in 2010 with an export volume of over seven million tones,…


Building begins on rice processing plant

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The An Giang Agricultural Product Protection JSC yesterday broke ground for a rice processing plant with an annual capacity of 100,000 tonnes in the Mekong delta province of An Giang. The 8.2-ha Thoai Son processing plant in the district of the same name will also have a drying facility with a capacity of 500 tonnes…


Vietnam’s coffee exports estimated at US$2.1 bil in eight months

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Vietnam is expected to export 40,000 tonnes of coffee worth US$86 million in August, according to the Ministry of Agriculture and Rural Development (MARD). The figure will raise the total value of coffee exports in eight months to US$2.1 billion, up 72.2 percent compared to the same period last year. Currently, the domestic price of…


‘Rice price increases due to hoarding’: Trade minister

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Ministry of Industry and Trade while addressing a press meeting said that the exporters were racing to purchase rice due to the rumors that Vietnam has signed deals to export 500,000 tonnes of rice to Indonesia and Malaysia. Rice market this year is showing unpredictable movements in the last months because Vietnam’s largest rice importer…


Vietnam’s August coffee exports drop 49% as stockpiles dwindle

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Coffee shipments from Vietnam, the world’s second-largest exporter after Brazil, may have fallen 49 percent to 40,000 metric tons in August from the year before after accelerating sales earlier in the year thinned stocks. The preliminary figures, which may be revised, compare with exports of 78,000 tons in August 2010 and 53,000 tons last month,…


Vietnamese rambutan has too many redoubtable rivals

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Rambutan, after dragon fruit, has been accepted to enter the US market. However, there are still a lot of things that need to be done in order to make rambutan salable in the US. Too few Global GAP rambutans Rambutans are being grown mainly in Dong Nai and Ben Tre provinces. However, the fruits which…


Tea festival to have a tasty blend

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Vietnam’s first international tea festival will be held in northern Thai Nguyen province in November. The main activities will be an international seminar on tea, a tea cultural event and a beauty contest. According to Ma Thi Nguyet, Thai Nguyen People’s Committee deputy chairwoman, all activities were inspired by the north’s character. The international seminar…


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