What’s behind the “yellow tea whirlwind”?

The yellow tea fever has put northern tea farms in the provinces of Lao Cai, Yen Bai and Tuyen Quang in distress. In the immediate time, tea processing factories do not have materials to run, while the long term consequences prove to be immeasurable. Prospering thanks to tea, meeting with misfortune because of tea A [...]

Tea exports decline by about 5%

Tea exports reached 33,000 tonnes in the first four months of this year, worth US$46 million, said the Ministry of Agriculture and Rural Development. Exports dipped by 5 per cent in volume and value in comparison with the same period last year, said Nguyen Viet Chien, director of the Ministry’s Department of Information and Statistics. [...]

Tea export value has growth spurt

Tea exports registered a year-on-year increase of 34.3 per cent in value in the first two months of this year to US$32 million, said the Ministry of Agriculture and Rural Development. During the first two months, exports surged by 27.4 per cent to 22,000 tonnes and the price of tea also rose 6.5 per cent [...]

Tea tax evaders are uncovered

Foreign tax evaders in the Central Highlands’ Lam Dong province will have to pay back their tax infringements. The Lam Dong Tax Bureau has asked local foreign invested tea enterprises, which had been found shirking corporate income tax payments, to pay back VND8 billion ($400,000). Among those, HaiYih company will need to pay VND541 million [...]

Tea products need more added value

Although the fifth largest tea exporter in the world, Viet Nam has sold mostly raw tea and is advised to invest in both varieties and technology to bring added value for the product. This was emphasised at a seminar to seek ways for the tea sector’s development in the Tay Nguyen (Central Highlands) province of [...]

Technology needed for VN tea aroma to spread

Though being the fifth largest tea exporter in the world, Vietnam has sold mostly raw tea and is advised to invest in both varieties and technology to bring added value for the product. This was emphasised at a seminar to seek ways for the tea sector’s development in the central highlands province of Lam Dong [...]

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS China Business News

  • Copper up, but demand jitters cap gains
  • Gold prices fall 1 percent, silver was down 0.5 percent at $41.40 an ounce
  • Gold price in Hong Kong opens at 17,440 HK dollars per tael on Wednesday
  • Gold sheds 3 pc in choppiest day in two weeks
  • Appliance retailers eye shopping fest to boost sales
  • Stock break four-day losing streak
  • Swedish auto maker Saab files for bankruptcy protection
  • Chinese tourists to Sri Lanka almost double

Sponsored

Looking for an overseas forex broker?