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Tea price hits record level



The average price of tea for export in Vietnam has reached a record high of US$1,340 per tonne.

Figures from the Vietnam Tea Association (VITAS) showed that in the first five months of 2010, the industry exported 45,000 tonnes worth US$62 million, a year-on-year increase of 1.3% in quantity and 30% in value.

Rice farmers pin hopes on regional cartel (18/09/2012)

(Updated at 14:54, 18/9/2012)

Vietnamese farmers are looking forward to the establishment of a rice cartel by five ASEAN member countries, which could lead to a 10 per cent annual rise in the prices of the grain.

Farm sector to focus on raising rice value (06/02/2012)

(Updated at 9:1, 6/2/2012)

The agricultural sector aimed to improve the value of rice as production of this key crop would face several difficulties this year, said the Ministry of Agriculture and Rural Development.

Stiff competition to hit rice exports next year (07/11/2011)

(Updated at 9:9, 7/12/2011)

Viet Nam did very well in rice exports this year, but next year is going to be a tough one with unpredictable changes in the world market and stiff competition from cheap rice sources in India, Pakistan and Myanmar, the Viet Nam Food Association (VFA) said.
VN price for fragrant rice beats Thais (12/10/2011)

(Updated at 8:53, 12/10/2011)

Export of fragrant rice has topped 369,000 tonnes in the year to date, a rise of more than 115 per cent year-on-year, according to the Viet Nam Food Association.
Greater incentives for agriculture, fisheries

(Updated at 10:30, 25/6/2010)

Enterprises investing in agriculture and rural areas will enjoy additional preferential policies on land use and human resources training, according to a new Government decree.

Decree 61/2010/ND-CP on preferential policies and investment support for enterprises, which will become effective from July 25, also says that support will include market development, consultancy support, application of new technology and transport subsidies.

USD Decrease

(Updated at 0:0, 14/1/2008)

(TBKTVN- 12/06/02)- Local banks must diversify their services and improve quality if they are to challenge the competition which WTO accession will bring, said central bank officials in a seminar discussing banking service strategies for the 2005-10 period...

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