Pepper price hits new record

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The domestic pepper price hit a 15-year high this morning as high demand and low supply on the world market forced up the price. The per tonne price reached VND124 million (US$5,900) today, an increase of VND4 million ($190) per tonne on the previous week’s price. Last Saturday, the price stood at VND120 million ($5,700)…


Livestock farmers hard pressed for loans

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Although banks are prioritizing agricultural production as ordered by the central bank, most livestock farmers say interest rates are still too high for them to borrow. Nguyen Van Son, a pig farmer in the Mekong Delta Province of Tien Giang, said he needed 60 million dong (US$3,000) to revitalize his farming which was severely damaged…


Over VND1.4 trillion for agricultural promotion programme

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Over VND1.4 trillion will be allocated for the national agricultural promotion programme in the 2011-2015 period, according to the National Agricultural Promotion Centre. The fund will be used to implement seven key agricultural programmes nationwide, with a focus on promoting agricultural cultivation, breeding activities, fisheries, forestry, as well as organizing training courses on management, inspection…


Vietnam can see great opportunities to export parboiling rice

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Vietnam’s parboiling rice has been exported to Eastern European countries, Africa and some Asian countries. If its plan to expand export markets goes smoothly, it may export 150,000 tons of parboiling rice this year. Truong Thanh Phong, Chair of the Vietnam Food Association (VFA), said at a recent conference that many countries have placed orders…


Second Rice Festival to be held in Soc Trang

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The event is scheduled to open at the Exhibition and Culture Centre in Soc Trang province on November 8, 2011. The organizing board announced at a press briefing in Ho Chi Minh City on August 16 that there will be about 1,000 stands showcasing export rice, rice products and farm equipment of different kinds. The…


Feed maker sold to Hong Kong firm

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Thai conglomerate Charoen Pokphand Group has sold 71 per cent of its stake in animal feed manufacturer CP Viet Nam to Hong Kong-based Charoen Pokphand subsidiary CPP in a deal worth US$609 million, CP Viet Nam confirmed on Monday. However, the deal is attracting controversy for transferring the control of a major player in the…


Farmers form alliances to boost profits

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Farmers in the Central Highlands province of Gia Lai are joining alliances to enhance the value of their agricultural products as part of a project that uses funds from a governmental loan from the World Bank. Le Van Linh, deputy director of the province’s Department of Agriculture and Rural Development, said the province is taking…


Salt price falls in Mekong Delta

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Price of salt has fallen considerably in the Mekong Delta Province of Bac Lieu, causing much despair for salt workers. Phan Minh Quang, deputy head of the Department of Agriculture and Rural Development in Bac Lieu Province, said that salt prices had soared earlier when some companies had purchased large amounts to meet demands from…


Sea fish output set to hit 260,000 tonnes by 2020

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(MARD) has approved a plan for developing breeding sea fish through 2015, with orientations for 2020. Under the plan, the output of sea fish raised in salt water and shrimp ponds is expected to reach 61,000 tonnes by 2015 and 98,000 tonnes by 2020. Sea fish raised in small cages is estimated to hit 44,000…


Denmark helps Dak Lak develop agriculture

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The Danish government has provided 84.8 billion VND (over 4 million USD) for the Central Highlands province of Dak Lak to implement an agricultural and rural development programme in the 2008-2012 period. At a working session with the provincial leaders on August 12, Deputy Ambassador of Denmark to Vietnam Lis Rosenholm praised Dak Lak province…


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