Economic news

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 of textile fibers exported in the first five months of …

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 in 10 years. “We have decided to reduce the import …

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 sign new export contracts. There are two reasons to believe …

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 dollars (up 1.1% in volume and A slight increase of …

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. High stockpiles, which pushed Russian wheat exports to record levels …

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 price of rubber is struggling due to impacts from contrary …

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 grade 4, 80% defective grade was offered at a discount …

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 at $ 470 / tonne and 200,000 tonne of white …

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 January 1, Expect to “unbind” the business community of rice …

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 than 502 million tons thanks to Policies to promote production …