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Tag Archive for ‘Rice’

Electronic Retailers In Vietnam Hope For Stronger Sales At Year-End

Electrical and electronic goods retailers are doing everything possible to attract buyers during the year-end shopping season, but the hope for stronger sales seems to be frail. Discounts and common products Speaking to the Daily, representatives of many electronic retail centers in HCMC said they would continue to offer sale promotions from now to the Lunar New Year holiday to woo shoppers. Vo Quoc Viet, marketing manager of Gia Thanh Electronics Center, said the retailer would launch the products with attractive discounts and sell remarkably cheap products together. Meanwhile, Thien Hoa Electric Appliances Center is luring customers with a…

Vietnam, Uruguay make trade promises

HCM CITY (VNS)— Viet Nam and Uruguay plan to help each other enter their respective regional economies, government and business officials of the two countries have said. The two governments will create the necessary conditions to help businesses, with Viet Nam acting as the bridge for Uruguay’s companies to enter Southeast Asia, and Uruguay the gateway for Vietnamese firms to tap the South American region. Speaking at a seminar on Viet Nam – Uruguay business opportunities organized in HCM City on Wednesday, Nguyen The Hung, deputy director of the Viet Nam Chamber of Commerce and…

Vietnam Rice Exporters Should Have Warehouses: Expert

The Government should adjust Decree 109/2010/ND-CP on rice trading to encourage rice exporting firms to invest in material areas, said director Le Van Banh of the Mekong Delta Rice Research Institute. Specifically, in addition to requiring rice firms to have at least one warehouse with a storage capacity of over 5,000 tons and milling lines of at least 10 tons per hour, Decree 109 should also require exporters to have stable rice material areas. Currently, only plant protection drug and fertilizer firms buy rice from farmers under the large-scale rice field model in Mekong Delta provinces, while rice exporters do not…

Vietnamese Rice Farmers Unhappy Despite Global Top Position

Vietnam is likely to become the world’s largest rice exporter for the first time this year, but local farmers are not happily embracing the news as they have gained little profit compared to last year’s crops. As of the end of October, Vietnam is still in the leading position, followed by India and Thailand, with local businesses signing contracts to export some 7.6 million tons of rice, according to figures from the Vietnam Food Administration (VFA). “Vietnam may…

Vietnam Land And Factors For Lowering Land Prices

There are three essential factors that affect the value of agricultural land: time for land allocation, restrictions on land conversion and the underdeveloped land market. Major assets As being mentioned before, the Constitution and the Land Law stipulates that land is owned by the people. Personal ownership of land has no value. The value of land is only for the access to the use of land, which is worth billions of US dollars. It is estimated that the value of land in Vietnam is about $200 billion. The estimation method takes into account the…

Ca Pass Tunnel yet to get going

The Ca Pass Tunnel project connecting Phu Yen and Khanh Hoa provinces did not start construction last month as scheduled since the project owner had failed to complete site clearance for the scheme. Ho Minh Hoang, general director of Deo Ca Investment JSC, told the Daily that his firm now is still working with local authorities to recover 25 hectares of rice farmland in Phu Yen to make room for the project. After finishing the site clearance, the company will work with the Ministry of Transport before fixing the construction date…

Vietnam Sells 300,000 T Rice to Indonesia

Vietnam has signed another contract to sell 300,000 tonnes or 15 percent broken rice to Indonesia, doubling the government deals signed in 2012 and which could put Vietnam on track to beat last year’s record shipments, traders said on Wednesday. Loading of the new shipment will begin later this month for completion by the year […]

Vietnam’s Large-Scale Rice Field Model Failing

Farmers and enterprises have enhanced cooperation in deploying the large-scale rice field model but most efforts have ended up in failure. The cooperation model, according to Truong Thanh Phong, chairman of VFA, in theory benefits both farmers and enterprises. However, the deployment of the model is far from simple as long as both farmers and traders do not have the common voice. A typical example is the deal between Dong Thap Trading Corporation (Docimexco), a member of the Vietnam Food Association (VFA), and farmers in Dong Thap’s Tam Dong District. In September 2011, Docimexco signed a deal with the government…

Vietnam Expansion Of Agricultural Land Has Come To An End

Data shows that the period of “easy” expansion of agricultural land is coming to an end, if not the end. The future growth of agriculture will depend mainly on the increase of productivity. Land is officially divided into agricultural land, non-agricultural land and unused land. Agricultural land is divided into agricultural land, forest land, land for aquaculture and salt production. The agricultural land is divided into land for annual crops and land for perennial crops. Land for annual crops is further subdivided into land for rice and other crops. Forest land is divided…

Rice, seafood exports not benefiting Vietnamese farmers

Rice and seafood are the two main exports of Vietnam, raking billions of US dollars a year; however, rice farmers and seafood breeders remain at a disadvantage with unstable incomes caused by fluctuating prices. At the end of October, Vietnam was ranked the biggest rice exporter in the world. According to Vietnam Food Association, in the last ten months, rice exports of 6,484 million tons yielded US$2.9 billion in revenues. From now until the end of December, another 1.1 million tons will be ready for export. As a…