News
Coconut exports to China are increasing.
After being granted permission to export coconuts officially to China in August 2024, many Vietnamese businesses have signed contracts to supply tens to thousands of containers of fresh coconuts. Vietnam currently has approximately 200,000 hectares of coconut plantations, with one-third of the area meeting US and European organic standards, creating a significant advantage for exports. ... Read more
16/10/2024
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China spent over $700 million importing Vietnamese fruits and vegetables in September 2024.
According to customs data, fruit and vegetable exports in the first nine months of the year reached nearly $5.7 billion, a 34% increase compared to the same period last year. Particularly in September, fruit and vegetable exports exceeded $917 million, a 38% increase and setting a new record. China remains the largest market, accounting for ... Read more
15/10/2024
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Vietnam is moving closer to operating a carbon market
With significant potential in carbon credit supply, particularly in the agricultural sector, Vietnam is actively implementing the necessary steps to soon operate a carbon exchange. Vietnam profits from forest carbon credits. In 2023, for the first time, Vietnam received revenue from forest emission reduction activities. Through the World Bank (WB), Vietnam successfully transferred 10.3 million ... Read more
15/10/2024
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Agricultural Exports Continue to Achieve Remarkable Growth
Vietnam’s agricultural exports continued to grow strongly in the first nine months of 2024. Despite being severely affected by Typhoon No. 3 and floods in September 2024, Vietnam’s agricultural sector still achieved a growth rate of over 3% in production value during the first nine months of the year. According to the Ministry of Agriculture ... Read more
12/10/2024
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Areca Nut Exports Increase 120-fold
According to a summary report from the Vietnam Fruit and Vegetable Association (VINAFRUIT), in August, Vietnam’s betel nut exports reached US$9.28 million, an increase of more than 120 times compared to the same period in 2023. The cumulative export value for the first eight months of 2024 reached US$21.2 million compared to the same period ... Read more
11/10/2024
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Why Farmers Benefit from the 5% VAT Imposed on Fertilizers
The implementation of a 5% VAT on fertilizers not only helps create a level playing field between domestic and imported products but also brings direct benefits to farmers. 1. Current VAT Policy on Fertilizers Since 2015, when Law No. 71/2014/QH13 came into effect, fertilizers were shifted from being subject to a 5% VAT rate to ... Read more
06/10/2024
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Viet Nga Agri Accompanies Students at the 2024 Career Fair
This morning, Viet Nga Agri had the pleasure of meeting with students from Dong Thap Community College as part of the 2024 Career Fair. The event served as a wonderful opportunity for us to connect, share experiences, and introduce exciting career opportunities to young, dynamic, and enthusiastic students. Through this event, Viet Nga Agri hopes ... Read more
01/10/2024
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Vietnam Spends Nearly $1.14 Billion on Fertilizer Imports in the First Eight Months of 2024
In the first eight months of 2024, Vietnam’s fertilizer imports reached nearly 3.5 million tons, worth nearly $1.14 billion, with an average import price of $324 per ton. According to data released by the General Department of Customs, in August 2024, the whole country imported 449,000 tons of fertilizer, equivalent to 157 million USD, with ... Read more
20/09/2024
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Responding to Rising Tides and Rapidly Elevating Upstream Floods
According to the Dong Thap Provincial Meteorological and Hydrological Station, due to the combined effects of the high tide on the 15th day of the 8th lunar month and upstream flooding, water levels in the southern districts of Dong Thap province have risen rapidly. The highest tide levels are forecast for September 20-21, 2024, occurring ... Read more
19/09/2024
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Rice Export Prices Soar, Opportunity to Reach $5 Billion This Year
At the end of last week, Vietnamese 5% broken rice for export was trading at $575 per ton, $14 per ton higher than the same type from Thailand. According to the Vietnam Food Association (VFA), Vietnamese rice prices are currently rising compared to those of Thailand and Pakistan. At the end of last week, Vietnamese ... Read more
15/09/2024
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