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Vietnam fruit exports to rise 12-13% in 2012

Vietnam fruit exports is expected to rise 12-13% in 2012, Huynh Quang Dau, Deputy Chairman of Vietnam Fruit &Vegetables Association (Vinafruit) said. In 2011, Vietnam is estimated to reap $0.6 billion from fruit and vegetables exports, surpassing 27.66% the target ($0.47 billion), Dau said, adding that these figures does not include the nich exports to [...]

Vietnam may surpass Thailand to become biggest rice exporter in 2012

Experts say Vietnam has every reason to believe that it may replace Thailand as the biggest rice exporter in the world in 2012. With the overly high export prices, Thai rice exporters are worried that the rice export volume of the country would fall by a half in 2012. If this occurs, the position of [...]

43 agricultural producers go bankrupt in Dak Lak

Dak Lak Provincial People’s Committee reported that over 43 enterprises, agents, and traders of coffee and agricultural products went bankrupt so far with total debts of 300 billion dong, nearly 3,000 tons of coffee, 22 tons of pepper. Ea H’leo Dist had 10 collapsed enterprises with the debts of 100 billion dong, in which 6 [...]

Fisheries sector eyes us$6.5 bln export revenue in 2012

The General Department of Fisheries has set a target to pocket US$6.5 billion from exporting seafood products in 2012, 5% higher than from this year. The fisheries sector revealed the target at a conference on its 2012 tasks, in Ha Noi on December 21. The sector also aims to ship 5.37 million tons of seafood [...]

Vietnam to raise floor prices of rice for export from dec 22: vfa

Price of 5% broken rice for export has been added up by $10/ton from December 22, 2011, the Vietnam Food Association (VFA) said, adding that VFA has raised floor prices of rice for export 8 times from year-to-date. With this adjustment, the floor price of 5% broken rice for export has been raised to $500/ton. [...]

Bitter brew for coffee traders

Coffee traders are facing difficulties sourcing products on the back of farmers’ hoarding. Thang Loi Coffee Company general director Nguyen Xuan Thai said: “Coffee farmers have stored their products in the hope of better prices in the coming months, putting pressures on coffee exporters.” Coffee now fetches VND37,000 per kilogramme against VND40,000 per kilogramme a [...]

Aquatic exports expected to reach US$6.5 billion in 2012

Export revenue of aquatic products is expected to hit US$6.3-6.5 billion by 2012, an increase of 5 percent against 2011. This target was set by the Directorate of Fisheries (D-Fish) at its meeting in Hanoi on December 21 to set the 2012 plan . To achieve the goal, D-Fish will strictly control the implementation of [...]

Rice export prices increase US$10 per tonne

The Vietnam Food Association (VFA) will increase the floor prices of rice for export by US$10 per tonne as of December 22. Accordingly, the lowest price for the 5 percent broken rice is now US$500 per tonne while the 25 percent broken rice remains unchanged at US$470 per tonne. The VFA has also announced that [...]

Dalat sets new fresh flower export record

The Central Highland resort city of Dalat has exported more than 53 million flowers in 2011, the record figure so far, according to the municipal People’s Committee. The locality exports mainly roses, orchids and chrysanthemums to markets in Singapore, China, and Japan, and as far away as Europe and North America. Dalat is now the [...]

Vietnam enters the top five exporters of vegetables and fruit

Vietnam has earned US$515 million in revenue from exporting vegetables and fruit to become the fifth largest exporter in the world. In 2011, Vietnam’s vegetables and fruit exports have increased by 40.6 percent compared to last year due to the growing consumer demand in the Asian market, especially from China, Japan, Indonesia and the Republic [...]

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RSS Gold price

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RSS Silver prices

  • Gold, silver finish record-breaking year with modest gains
  • Silver is set to hit $60 by the close of 2012 – David Morgan
  • Silver prices will end 2012 at double or triple their mid-December level
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  • Silver is going to outperform gold in 2012
  • Silver running sideways approaching 2012
  • Strategies to support silver investing
  • Both silver and gold bounced back today on fresh buying by stockists and jewellers

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