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Economic news
Export of fiber, weaving yarn regain growth momentum
Preliminary statistics from the GDVC in Vietnam, May 5, 1974, Vietnam’s textile and fiber exports gained momentum, up 5.8% in volume and 5.6% in value. In 4/2017, the export volume…
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Economic news
Bangladesh will reduce import taxes on rice
The news in the Ministry of Commerce said rice prices in Bangladesh in May hit a historic high after floods damaged crop and national rice stocks to their lowest levels…
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Economic news
Domestic coffee prices are forecast to increase
Domestic coffee market: The decision to stock or sell is still difficult. Domestic coffee prices have increased to VND46 million per tonne. However, many exporters still find it difficult to…
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Economic news
Export of rice to the European market increased sharply
According to preliminary statistics of the General Department of Customs, the country exported nearly 2.4 million tons of rice in the first five months of 2017, worth nearly 1.1 billion…
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Economic news
Russia’s wheat exports in 2017-201818 will hit a record high
Russian wheat exports in 2017/18 will reach 28.8 million tons; Export of wheat from Ukraine will reach 14.6 million tons; Export of wheat from Kazakhstan will reach 7 million tons.…
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Economic news
Price of agricultural products dancing on the world market
In the middle of June, the world agricultural market fluctuated sharply. Whilst prices for rice, wheat and robusta continued to rise, sugar and pepper hit new low records. Particularly, the…
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Economic news
Asian Coffee: Indonesia’s recession level is stable, Vietnam market is quiet
The Indonesian coffee recession was stable amid fluctuations in supplies this week, while the Vietnamese market was quiet despite rising prices. One trader in Lampung said that Indonesian robusta coffee…
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Economic news
Vinafood 2 will supply the first 250,000 tons of rice to Bangladesh
After the June 14 meeting, Bangladesh Food Minister Mostafizur Rahman announced details of plans to import 250,000 tonnes of rice from Vietnam. Specifically, Bangladesh will buy 50,000 tonnes of rice…
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Economic news
Rice exports: Small businesses look forward to “unbind”
The Ministry of Industry and Commerce is proposing to the Government a new decree replacing Decree 109/2010 / ND-CP on rice export business which is expected to take effect from…
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Economic news
FAO expects Vietnam to be among the top five countries with the largest rice output in 2017
According to the Food Proof Report published by the Food and Agriculture Organization (FAO), global rice production this year is likely to increase by 0.7% over last year to more…
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