Category Archives: Business Activities

EU trade agreement to cut tariffs

Workers of Southern Food Company in HCM City load rice onto a boat for export. The EU will set aside large quotas for VN’s unprocessed rice HA NOI (VNS) — After the Free Trade Agreement between EU and Viet Nam (EVFTA) comes into effect, the EU will eliminate 86 per cent of tariff lines or […]

Export growth pushes up local rice prices

Rice bags are transported to milling plants in the Mekong Delta (Photo: SGGP) The first quarter rice export was up nearly 58 percent in volume and 51 percent in value over the same period last year to hit US$1.4 million tons and US$577 million under FOB (free on board) term, reported the Vietnam Food Association […]

Thailand’s rice clearance sale poses challenges to Vietnam traders

Vietnam exported more than two million tons of rice in the first four months this year. Photo: Diep Duc Minh Thailand’s plan to sell off its rice stockpile within two months has sparked concerns for Vietnamese rice exporters, many of whom have been already hitting bumps. They said Thailand’s clearance of 11.4 million tons, more […]