Hanoi (VNA)ꦯ – Prices of key domestic farm products fluctuated in August, according to the Ministry of Agriculture and Rural Development.
Cashew nut saw the highest price hike due to surging demand for processing and high import prices. The price of dried cashew nut in the southern province of Binh Phuoc increased by 1,500 VND (0.067 USD) to 45,500 VND (2.047 USD) per kilogramme.
In contrast, the price of black peppercorn registered an average month-on-month decrease of 8,000 VND (0.36 USD) per kilogramme, ranging from 156,700 VND (7.05 USD) to 165,500 VND (7.44 USD) per kilogramme in key growing areas of Gia Lai, Ba Ria – Vung Tau, Dak Lak, and Dong Nai provinces.
The rice price in the Mekong Delta experienced abnormal changes because the domestic rice market received no orders from both traditional and other markets.
Indonesia confirmed no rice imports in 2016 while the Philippines has not yet affirmed the plan to import 250,000 tonnes of rice. China, the biggest rice importer of Vietnam, continues to tighten management on rice imports across the border.
The past severe drought and saltwater intrusion were also attributed to the rice price hike.
The rice price in An Giang was kept stable at 4,400 VND (0,198 USD) per kilogramme in the first haft of August, but increased by 100 VND per kilogramme from August 15.
The coffee price in Central Highland provinces rose by 500 VND per kg to 38,600 VND (1.73 USD).
Meanwhile, the tea price in the northern province of Thai Nguyen continued to be stable in comparison with the previous month, standing between 100,000 VND (4.5 USD) and 180,000 VND (8.1 USD) per kilogramme.
The price of vegetables in some northern provinces also increased in August as a result of storms.-VNA
The building of trademarks for farm produce are crucial to boost the sales of Vietnamese agricultural products in foreign markets, heard a conference in Mekong Delta Ben Tre province on June 23-24.
More than 100 tonnes of dragonfruit have hit the shelves of retail chain BigC in Thailand, the first step to boost the shipment of Vietnamese farm produce.
The Ministry of Agriculture and Rural Development is striving to tackle falling exports of major farm products to assure it reaches its goal of 30 bln USD in agro-forestry-fishery export revenues.
The northern province of Thai Nguyen has targeted that 70 percent of its communes will become new-style rural areas by 2020 under a 8.7 trillion VND (395.4 million USD) plan.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
Illustrative image (Source: VNA)
