November 20, 2009
LookAtVietnam – A new decree on rice exports may be issued soon. Strangely, the Farmers’ Union has not been officially consulted about its provisions. Tuoi tre interviewed the Chairman of the Vietnamese Farmers’ Union (VFU), Nguyen Quoc Cuong, to find out more. Cuong said that the decree has gone through four drafts, but the Trade [...]
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November 19, 2009
LookAtVietnam – Several ministers faced deputies on November 18, as the National Assembly questioned top Government officials for a second day on many issues. Workers toil at the site of the Son La Hydro-electric Plant. The proliferation of hydro-power projects was one of the concerns raised by deputies at yesterday’s National Assembly meeting.Subjects addressed yesterday [...]
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November 18, 2009
LookAtVietnam – MOIT Minister Vu Huy Hoang said he has “no information” about charges that Vinafood 2 sold rice for less than the posted export price. The charges have been widely reported by Vietnamese papers, which have suggested abuse of power by the food exporting giant. Minister of Agriculture and Rural Development Cao Duc Phat said he [...]
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November 18, 2009
Rice exports from Vietnam, the worldâs second-biggest shipper, may exceed the previous record by 20 percent this year, even as the total value of exports is forecast to drop. Shipments are expected to be 6 million to 6.2 million metric tons, Minister of Industry and Trade Vu Huy Hoang told the National Assembly in Hanoi [...]
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November 15, 2009
LookAtVietnam – Policymakers, experts and businesses gathered in HCM City on November 14 to discuss ways to develop a complete system for trading and exporting rice, which is one of Vietnam’s strategic commodities.Deputy Minister of Industry and Trade Nguyen Thanh Bien, said the current mechanism has provided great support to businesses in rice trade and [...]
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November 10, 2009
Rice exports from Thailand, the worldâs top supplier, may jump to a record next year on increasing demand from the Philippines, India and Indonesia, said an executive from the countryâs biggest exporter. âUnexpected import demand from India and Indonesia will drive the global rice trade higher,â Sarunyu Jeamsinkul, managing director of Asia Golden Rice Ltd., [...]
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November 9, 2009
LookAtVietnam – VFA said that Vietnam will not hurry to sell rice to India, since the world demand remains very high. The Indian Press Trust reported on November 4 that the Government of India plans to import some two million tons of rice from Vietnam and Thailand because of India’s decreasing rice output. Questions have been [...]
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October 20, 2009
LookAtVietnam – Hau Giang, a Cuu Long (Mekong) Delta province, has offered the red carpet to attract investors in rice and seafood. Hau Giang province produces an average 1 million tonnes of rice a year, contributing 350,000-400,000 tonnes to the country’s rice exports.“Investors would receive exemption from land lease fees, and land and water surface [...]
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October 12, 2009
LookAtVietnam – While VFA believes that rice prices will continue rising towards the end of 2009, economic analysts say that the price increase may not happen. According to VFA, by the end of September 2009, Vietnam exported nearly 5 million tonnes of rice, reaping a record $2.018 billion. VFA Chairman Truong Thanh Phong stated that [...]
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October 12, 2009
Vietnam shipped 4.98 million tons of rice in the first nine months this year, a 40-percent year-on-year increase. The Vietnam Food Association (VFA) said, however, that export revenues of US$2 billion marked a 6.2 percent decline in value against the same period last year.VFA expects rice firms to ship an additional 1.2 million tons of [...]
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