News
Early August: Fertilizer Prices Rise, Official Document Issued Regarding Rice Exports
The agricultural market in general, and the rice market in particular, is hotter than ever. We invite you to check out the essential information from the beginning of August! 1. Fertilizer prices skyrocket in line with rice prices. Many major fertilizer markets, such as China and Belarus, have reimposed stricter export controls on fertilizers to ... Read more
14/08/2023
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Given the numerous demands of the export market, what direction should Vietnamese agricultural products take?
According to the July agricultural news report published by Viet Nga Fertilizer, many types of fruit are trending downwards in price. Besides the peak season, some Vietnamese fruits are currently facing warnings about pesticide levels in major export markets, leading to domestic stockpiles. What are the reasons behind this event and its impact on our ... Read more
08/08/2023
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Carbon Credits – A Promising Product for Vietnamese Agriculture
According to statistics from the Intergovernmental Panel on Climate Change (IPCC) in 2019, agriculture is the basic material production sector of society, feeding people but also responsible for more than 20% of CO2 emissions into the atmosphere. Following the trend of sustainable agricultural development and minimizing environmental impact, carbon credits are gradually becoming a sought-after ... Read more
07/08/2023
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Agricultural Products in July 2023: Rice Prices Improve, Many Fruits Enter Season
We invite all farmers to join Viet Nga Fertilizer in reviewing the agricultural product prices in June and exploring some useful information for choosing agricultural products to purchase this July! 1. Rice prices Along with rising global rice prices, Vietnam’s domestic and international rice markets have become more active after months of relative calm. Currently, ... Read more
31/07/2023
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The Indian and European rice markets are in crisis: What opportunities and challenges does this present for Vietnam?
Given the fluctuations in the global food market, especially for rice, we invite farmers to update themselves with important information from Viet Nga Fertilizer to make informed choices! 1. India officially bans rice exports. On July 20, 2023, the Directorate General of Foreign Trade of India, the world’s leading rice exporter, officially issued a notice ... Read more
29/07/2023
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Why Did the Global Fertilizer Market Continuously Face Difficulties in 2023?
The joy of rising rice prices was short-lived as another worry arose for our valued dealers and farmers: the persistent difficulties in the fertilizer market. This could lead to a serious food crisis and many other potential consequences. Latin American, African, and Asian countries (including Vietnam) are most severely affected due to their heavily agricultural-dependent ... Read more
26/07/2023
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Having reached its highest level in a decade, will rice prices still increase by 20% in the near future?
2023 marked the year when rice prices reached their highest level in over 10 years. In the Indian market, fresh paddy rice was purchased at a 7% increase compared to normal prices and remained at 6,200 VND. In Vietnam, paddy rice prices also remained stable at 6,600 – 7,000 VND depending on the variety. 1. ... Read more
18/07/2023
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Agricultural Products in June: Rice Prices Stable, Fruit Prices Trending Down During Harvest Season
We invite all farmers to join Viet Nga Fertilizer in reviewing the agricultural product prices in May and exploring some useful information for choosing agricultural products to purchase in June! 1. Rice prices Last month, the rice market in various localities experienced mixed fluctuations, with OM5451 variety slightly decreasing and Dai Thom 8 slightly increasing. ... Read more
17/06/2023
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How have farmers in the Mekong Delta coped with the drought?
Since the beginning of April 2023, continuous heatwaves have occurred throughout the country, especially in the Mekong Delta. This has caused many difficulties in agricultural cultivation for farmers. However, with their extensive farming experience, Vietnamese farmers have developed many methods to cope with drought, enabling them to cultivate effectively and welcome the first rains ... Read more
01/06/2023
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The Fertilizer Market Faced Many Difficulties at the Beginning of 2023
According to preliminary statistics from the General Department of Customs, the fertilizer industry faced many difficulties in both export and import activities in the first quarter of 2023. 1. An overview of fertilizer import and export in 2022 1.1. The global fertilizer market situation In 2022, the global fertilizer market, including supply and prices, was ... Read more
18/05/2023
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