The Vietnam Southern Food Corporation has signed a contract to export 200,000 tons of five percent and 25 percent broken rice to Indonesia, said the Vietnam Food Association. Delivery will be made from October to December, according to the association. Businesses have so far singed contracts to export six million tons of rice, very close […]
Several businesses have rushed to buy rice for export contracts amid price increase in the Mekong Delta where the summer autumn crop has entered peak harvest time. Traders paid VND5,300 a kilogram of fresh rice, which fetched only VND4,300-4,500 a month ago, said farmer Tran Van Het from Tam Binh District, Vinh Long Province. Businesses […]
Experts said opportunities are waiting for Vietnamese enterprises to boost rice exports in the final months of the year as the Philippine government plans to import an additional 400,000 tons of rice and China’s demand is bouncing back. According to the National Food Authority (NFA) of the Philippines, the country intends to buy 400,000 tons […]
The Mekong Delta is amid the harvest time of summer autumn rice whose prices have increased ensuring farmers’ profit. Trader Huynh Phu Loc from Lai Vung District, Dong Thap Province said that they paid VND5,000-5,100 per kilogram of fresh normal rice and VND5,200-5,300 a kilogram of fresh long grain rice. Fragrant rice price is as […]
The Philippines has shifted away from setting a target date for its plan to be completely self-sufficient in the production of rice, a senior government official said, likely keeping its doors open to imports beyond the current goal of 2016. That will be welcomed by key supplier Vietnam, which is looking to follow up on […]
Prices of rice in the domestic market have recovered as exporters have boosted their purchases thanks to positive signs of export markets in the third quarter. Low-grade IR 50404 paddy (unhusked rice) in the Mekong Delta province of Dong Thap now sells for VND4,200-4,250 per kilo, rising VND200 against last week, while IR 50404 rice […]
Farmers in Cuu Long (Mekong) Delta have harvested one-fourth of the summer-autumn rice, with an average yield of 5.6 tonnes per ha, according to the Ministry of Agriculture and Rural Development’s Plant Cultivation Department. The yield this year has been good, but heavy rains and winds in recent days have flattened many rice fields in […]
The pace of Cambodia’s rice exports are expected to slow this year. Unable to maintain the steady rate of previous years, the export volume for the first half of 2014 is much the same as it was this time last year. At the end of June, milled rice exports had reached 178,000 tonnes for the […]
The restructuring of rice farming in the Mekong Delta should focus on improving farmers’ incomes and sustainable development, experts told a recent seminar in Can Tho city. Le Van Banh, head of the Cuu Long Delta Rice Research Institute, said though the rice cultivation area and output increase every year farmers remain poor. The main […]
Five commercial banks will provide more than 2.37 trillion VND (111.22 million USD) in loans for five agricultural producers to expand their activities in the time ahead, especially the application of advanced technologies in agricultural production. To this effect, loan contracts were signed in Hanoi on July 2 as the second part of a pilot […]
