Due to rice lodging and flooding, traders have abandoned deposits and refused to purchase, or if they do purchase, the price is very low, only from VND 3,500–4,000 per kg of paddy. At the same time, enterprise-backed rice procurement during the Summer–Autumn crop of 2019 has declined. To date, farmers [...]
Instead of remaining comfortable with its role as an easy-going rice importer, China is cutting back on rice imports and is not hiding its ambition to become an exporter. Vietnamese rice has been going through difficult months. Data from the General Department of Vietnam Customs show that Vietnam’s rice exports [...]
In the first half of 2019, China, Indonesia, and Bangladesh—three major rice import markets—all reduced their import volumes. Many experts worried that this situation could continue until the end of the year, causing rice exports from the world’s three leading exporters—India, Thailand, and Vietnam—to remain sluggish. However, thanks to the [...]
Recently, the Ministry of Agriculture and Rural Development and the Korea Rural Community Corporation (KRC) signed a cooperation agreement for the project “Improving the Rice Value Chain in the Red River Delta, Vietnam.” Deputy Minister of Agriculture and Rural Development Lê Quốc Doanh delivers a speech at the event. Accordingly, the [...]
With this technology, agencies in the agricultural sector can access accurate, objective, and timely data, thereby improving the efficiency of rice production and, in particular, strengthening natural disaster risk management. On the afternoon of July 17 in Hanoi, the Ministry of Agriculture and Rural Development (MARD) and the Swiss Agency [...]
Alongside its traditional business of wholesale rice trading, the Southern Food Corporation (Vinafood 2) plans to add petroleum trading to its business lines… The proposal submitted to the 2019 Annual General Meeting of Shareholders, expected to be held in late July, reveals that Vinafood 2 intends to add four new [...]
