News
The rice market is highly volatile; what will happen in the final months of the year?
In the second quarter of this year, Vietnam’s rice export market decreased by 5.6% compared to the first quarter, but was still 15.4% higher than the same period last year. India’s consideration of easing rice export restrictions may lead to further price adjustments downwards in the near future; however, Vietnam’s rice industry is expected to ... Read more
22/07/2024
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Pepper is on its way back to the billion-dollar industry
After years of being excluded from the group of commodities with export turnover of $1 billion or more, Vietnamese pepper is on its way back to this group. Pepper is on its way back to the billion-dollar industry. Vietnam’s pepper exports are witnessing impressive growth in value during the first half of this year. According ... Read more
18/07/2024
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Each hectare of lotus cultivation brings in over 1 billion VND for the people of Dong Thap
Currently, the lotus cultivation area in Dong Thap province is 1,800 hectares, producing over 100 products including food and cosmetics derived from lotus. The annual production value of the lotus industry in Dong Thap province exceeds 1,900 billion VND. On average, each hectare brings in more than 1 billion VND for the local people. Mỗi ... Read more
15/07/2024
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Rice Export Prices Reach $1000, Rice Exports Continue to Flourish
Vietnamese rice prices have risen sharply in many markets, even reaching nearly $1,000 per ton. Rice exports continue to maintain strong performance in both volume and price in the second half of this year. Rice exports reach $1000 Prices are rising, and volume is increasing in many high-end markets. According to statistics from the General ... Read more
11/07/2024
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Proposal to Extend Agricultural Land Use Tax Exemption for 5 Years
The exemption period for agricultural land use tax may be extended by another five years, according to a proposal from the Ministry of Finance. The exemption from agricultural land use tax may be extended for another 5 years. This content was stated by the Ministry of Finance in its submission proposing the drafting of a ... Read more
08/07/2024
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July Floods Did Not Affect Summer-Autumn and Autumn-Winter Crops
The provinces in the Mekong Delta are entering the 2024 flood season. Flooding in July is forecast to be low, not affecting rice production during the summer-autumn and autumn-winter seasons. The July floods did not affect the summer-autumn and autumn-winter crops Flood situation in July According to the Southern Irrigation Planning Institute, flood levels in ... Read more
04/07/2024
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Durian Harvest is Bountiful, Prices are High, Farmers Earn Billions of Vietnamese Dong Per Hectare
According to the General Statistics Office, in the first six months of 2024, durian production increased by 20.3% compared to the same period last year. After deducting expenses, farmers earned a profit of approximately 1 billion VND per hectare of harvested durian. Durian harvest is abundant Durian harvest is abundant, and prices are good According ... Read more
03/07/2024
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Record Exports of Fruits and Vegetables: Nearly $3.5 Billion in the First Six Months of the Year
In May, fruit and vegetable exports reached $770 million, an increase of 27.5% compared to April and a 17.9% increase compared to May 2023. Durian, dragon fruit, bananas, longan… are all fruit products that contributed significantly to export growth in the first half of the year, alongside processed products. Meanwhile, key markets also recorded increases ... Read more
02/07/2024
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In the first 6 months, agriculture, forestry, and fisheries achieved a trade surplus of $8.28 billion.
According to the Ministry of Agriculture and Rural Development, in the first six months of the year, the total export value of agricultural, forestry, and fisheries products is estimated at 29.2 billion USD, an increase of 19% compared to the same period last year; the trade surplus for the entire sector reached approximately 8.28 billion ... Read more
01/07/2024
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A Great Opportunity for Vietnamese Agricultural Products to Reach Global Markets
According to economic experts, from now until the end of the year, goods exports will continue to thrive thanks to strong consumer demand in many countries, especially for Vietnamese agricultural products. Vietnam’s agricultural exports are expected to boom in the final quarters of the year. Currently, Vietnam is the world’s leading supplier of cashews and ... Read more
30/06/2024
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