rice export

Update news rice export

BUSINESS IN BRIEF 23/8

 US billionaire to expand operation in Vietnam; Rice export contracts cancelled; Vietnam in need of safe natural rubber standards; Hanoi sets sights on hi-tech future

VFA acts against rice export deal cancellations

 VietNamNet Bridge – The Vietnam Food Association (VFA) said it would introduce a new form of contract to prevent cancellation of rice export contracts, which has been rampant in recent months.

BUSINESS IN BRIEF 14/8

 Import costs hit textile firms; Ha Noi to lend $15m in bid to stabilise prices; State Bank funds asset management firm; Shortlist due for Binh Dinh's $27b oil project; Marubeni eyes on metro construction in Da Nang

BUSINESS IN BRIEF 9/8

 Vietnam ships over 4 million tonnes of rice; Foreign investors keen on new localities; Vietnamese honey gets export permission to EU; State bank raises price of US dollar

BUSINESS IN BRIEF 25/7

 Concern mounts as fake goods flood struggling market; Insurance firms eye lower dividends; Aquaculture sector faces tighter controls; Delta delivers mass longan tree treatment

Japanese market’s door locked to Vietnamese rice

 VietNamNet Bridge – Vietnam once exported 30,300 tons of rice to Japan in 2012. However, the door to the market has still been closed to Vietnamese exporters. Not one ton more has been exported since then.

BUSINESS IN BRIEF 14/7

 Bottlenecks in fight against sturgeon smuggling; Vietnam dragon fruit to go back to Taiwan; Pepper exporters running out of stock; FIEs suffer from dismal supporting industries; VinaPhone, Viettel launch mobile money transfer

BUSINESS IN BRIEF 11/7

 Banks buy US dollars at higher prices; Ha Noi's top 10 brokerages chop and change; More IT solutions for small businesses; PVN surpasses first half target; Mondelez International enters Vietnam market

BUSINESS IN BRIEF 7/7

 State budget collection increases; VEPR says 7-10 years needed to tackle bad debts; VNCB to raise capital to VND7.5 trillion; G-bonds forecast to sell well in H2; Mid-end condos still sell well

Firms desperate to stockpile rice

VietNamNet Bridge – Firms should be allowed to expand their warehouse capacity so they can stockpile one million tonnes of summer-autumn rice to ensure the Government's programme to purchase rice is a success,

BUSINESS IN BRIEF 3/7

 Localities step up rice hoarding; Shell Viet Nam to expand market share; Firms target dollar loans from foreign banks; Cacao sector runs before it can walk; Downturn hits industry index growth rate

Rescue the rich or the poor?

The voice of the farmers does not have a rightful place in policies. Inequality in giving the State's priority and support for the agricultural sector compared with other sectors still exists, commented VietNamNet’s readers.

Where are interest groups in agriculture?

 VietNamNet Bridge – The conclusion of "not yet finding group interests in agriculture" by the Minister of Agriculture and Rural Development in the recent hearings of the National Assembly seemed to displease NA deputies.

BUSINESS IN BRIEF 21/6

 Phu My 3 industrial park under construction; Hue hosts 6th Vietnam Economist Annual Meeting; HCM City seeks Korean IT partnerships; Banks offer low rate loans to businesses

Rice unsalable, farmers in big distress

 VietNamNet Bridge – Millions of farmers in Mekong Delta never dream of making a profit of 30 percent as promised by the government. They just wish to sell out the rice.

What VN has after 24 years as a “rice exporting power”?

 VietNamNet Bridge - Why is the call for help of farmers not as loud as others in this difficult time? Is it because "the Agriculture Minister is too gentle!" as commented by Congressman Tran Hoang Ngan.

BUSINESS IN BRIEF 8/6

 Banks offer $1.4b housing loans deal; HSBC lowers 2013 Vietnam forecast; Consumer confidence index surges; VND20 tril. G-bonds mobilized in May; Cooperative bank of Vietnam set up

BUSINESS IN BRIEF 23/5

 Restructured Viettel to concentrate on core business; SME owners determined to succeed; Moody's rating for VietinBank ‘stable'; Vinacomin clarifies tax confusion

Vietnam fears millions of tons of rice unsalable on the world’s low demand

Vietnam’s rice exports have got stuck with the high inventory of 2 million tons of winter-spring rice by the end of the second quarter. Meanwhile, it is going to harvest 3.5 million tons of the summer-autumn rice.

Rice paradox

VietNamNet Bridge – Changing crops very offent and being disorganized is a vicious cycle that erodes the strength and capital of farmer families