VietNamNet introduces the last part of the roundtable discussion "A quarter century of Vietnam’s rice exports", with the participation of Prof. Dr. Vo Tong Xuan, Dr. Vu Trong Khai and Mr. Nguyen Minh Nhi. relate news Who influences the rice market? Rice exports: Why are Vietnam’s miracle-makers still poor? Rice exports: Is Vietnam subsidizing foreign consumers? Who benefits the most from lower oil prices? Rice exports: If policies are changed slowly, the cost will be high VietNamNet: Except for the African market, currently the countries purchasing Vietnamese rice all have per capita GDP that is much higher than Vietnam’s. One of the reasons that Vietnam has to sell rice at cheap prices is we produce too much rice. What solutions for this paradox? Prof. Dr. Vo Tong Xuan: To earn high profit from rice, we need to change the way we produce rice, the product that affects the lives of nearly 80% of the population. First of all, we must take initiative in the … [Read more...] about Rice export: Vietnam needs to develop high-tech agriculture
Coal-exporting Vietnam to import coal Trung Chanh By Trung Chanh - The Saigon Times Daily CAN THO – A coal undersupply is looming large given the rapid development of thermo-power plants and the slow construction of renewable energy projects. Speaking at a seminar on sustainable energy development in the Mekong Delta region in Can Tho on Tuesday, Tran Dinh Sinh, deputy director of the Green Innovation and Development Center (GreenID), said Vietnam currently has 14 coal-fired power plants and some 57 more plants will go up in the coming time. Nine of the planned coal-fired projects will be invested by Vietnam Electricity Group (EVN), six projects by each of Vietnam National Oil and Gas Group (PetroVietnam) and Vietnam National Coal and Mineral Industries Holding Corporation (Vinacomin), four by private and foreign enterprises, and 14 by build-operate-transfer (BOT) investors. The remaining 18 projects are awaiting investors. Under the nation’s Power Master Plan VII, … [Read more...] about Coal-exporting Vietnam to import coal
VietNamNet Bridge - Despite difficulties, Vietnam’s rice exports have remained stable over the last few years thanks to low prices. However, this advantage may not help in the future as the world market has seen major changes. According to VFA, Vietnam exported nearly 500,000 tons of rice in January 2016, an increase of 56 percent in quantity and 46 percent in value. The increase was explained by higher demand from the Philippines and Indonesia which had a serious drought and needed to buy rice for stockpile. However, big challenges were ahead. Rice production has suffered from saltwater intrusion in the Mekong River Delta, Vietnam’s largest rice granary. In the world market, Vietnam has to compete fiercely with other rice exporters such as Thailand, India and Pakistan and emerging countries such as Cambodia and Myanmar. Vietnam has strong advantages in high-quality long-grain white rice, which accounts for 27 percent of total exports, and fragrant rice, which … [Read more...] about Rice exports: Vietnam’s low-price advantage won’t help
(CPV) - Vietnam's fresh flowers are known among international friends through the Da Lat Flower Festival, and they are now being exported to many countries around the world. Apart from paying attention to production, preserving and developing a suitable distribution system, Vietnam's fresh flower exporters are finding ways to affirm their position on the international market. Great potential but limited export According to the Ministry of Industry and Trade (MoIT), Vietnam's main flower export markets are now China, Japan, Singapore, Australia and Saudi Arabia. Flower export from Southeast Asian countries in general and Vietnam in particular usually has difficulty penetrating North America and Western Europe, because these two markets mainly import flowers from South America, Central America and Southern European countries. In addition to the rigorous technical factors, the geographical location resulting in high transport cost also challenges Vietnam's flower exports. The … [Read more...] about Finding ways to export Vietnam’s flowers
â Thailand has been âholding out.â India and Pakistan has been actively negotiating with partners to boost exports. What should Vietnam do: keeping waiting or taking actions to grab the opportunities? The world and the domestic rice markets both have been fluctuating when big rice importers in the world have placed orders with Indian and Pakistani exporters instead of the Vietnamese, and Thai because Indian and Pakistani exporters offer lower prices. Meanwhile, the plan by the Thai government to buy rice from farmers at high prices implemented since October 7 has been meeting a lot of difficulties due to the worst flood in the last 50 years. As a result, the worldâs rice price has not increased as expected by other big rice exporters, including Vietnam. Vietnam: keep waiting or âjumpâ? Rice experts once predicted that the Thai governmentâs policy to intervene the domestic rice market would push the rice export price to 700-850 dollars per ton. However, the … [Read more...] about Rice export: Vietnam needs to wait or take actions to grab opportunities?