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 [...]
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 [...]
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 [...]
Dec 23 2011 | Posted in
Agriculture |
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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 [...]
Dec 23 2011 | Posted in
Agriculture |
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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. [...]
Dec 23 2011 | Posted in
Agriculture |
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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 [...]
Dec 23 2011 | Posted in
Agriculture |
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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 [...]
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 [...]
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 [...]
Dec 21 2011 | Posted in
Agriculture |
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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 [...]