News
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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Viet Nga Agri – Trusted Distributor of Fertilizers from Leading Brands
In addition to manufacturing and importing various types of fertilizers, Viet Nga Agri is also a distributor of fertilizers from leading and reputable brands in the market. Let’s explore in this article which trusted brands Viet Nga Agri is currently distributing! Viet Nga Agri – Proud to Be a Trusted and High-Quality Fertilizer Supplier The ... Read more
06/07/2024
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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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Lychee from Bac Giang Province Expected to Generate Over 5.775 Billion VND in Revenue in 2024
This year’s lychee production in Bac Giang province reached approximately 100,000 tons, only 50% of last year’s figure. However, the selling price is at its highest level in history, with total revenue from lychees in 2024 estimated at over 5,775 billion VND. Total revenue from lychee fruit in 2024 is estimated to reach over 5.775 ... Read more
28/06/2024
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Opportunities for Vietnamese Rice as the Philippines Reduces Import Taxes
On June 24th, the Ministry of Industry and Trade announced that Philippine President Ferdinand R. Marcos, JR., had issued Decree No. 62 reducing import tariffs on many items, including rice. This presents an opportunity for Vietnamese rice to increase exports and capture a larger market share. The Philippines has issued an order to reduce import ... Read more
27/06/2024
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The National Assembly is considering imposing a 5% VAT on fertilizers
The draft Value Added Tax Law (amended) includes fertilizers as a VAT-taxable item with a tax rate of 5%, instead of being tax-exempt as currently. Delegates debate the imposition of a 5% VAT tax on fertilizers. On the afternoon of June 24th, the National Assembly discussed the draft Law on Value Added Tax (amended) in ... Read more
26/06/2024
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