Salt production

Low selling price Bac Lieu Province has two districts engaged in the salt farming industry, namely Dong Hai and Hoa Binh. Ben Tre has Ba Tri District with more than 1,020 hereditary salt-farming households in four communes, consisting of Bao Thuan, Bao Thanh, Tan Thuy, and An Thuy, with a total area of 850 hectares. The salt farming area in Bao Thuan and Bao Thanh communes alone accounts for 600 hectares. These are also the two communes recognized by Ben Tre Province as salt making villages. Mr. Tran Van To, a farmer in Bao Thanh Commune, said that his family has been following the salt-making industry for a long time. The initial cost for his 6,000 square meters of salt evaporation ponds is a few million Vietnamese dongs. However, the price of salt at the end of the crop is merely at VND25,000-VND28,000 per bushel that is not enough to make up for the cost for hiring workers to carry salt from the ponds to the shore which costs VND6,000 per bushel. Thanks to severe hot weather, the … [Read more...] about Despite good harvest, salt farmers battered by low prices

This time is the peak time for salt harvesting but the atmosphere in many salt evaporation ponds in the province is not very buoyant. Under the sultry heat of May, Mrs. Huynh Thi Nam, a 53-year-old salt farmer in Hamlet 4 in Long Son Commune in Vung Tau City, was shoveling salt to a handcart to transport salt to the shore. Pointing at a huge pile of salt, she said that it is the working result of her and her husband in seven months on 1.2 hectares of rented salt-farming land. After paying the landlord 15 tons of salt, the couple has around 35 tons of coarse salt left. However, the price of salt this year is low, at around VND500 per kilogram, merely half of that in the previous year so salt farmers suffer huge losses. The Department of Agriculture and Rural Development of Ba Ria – Vung Tau Province admitted that the salt production of this year was more than 47,690 tons, achieving 86.8 percent of the plan. Due to the impacts of the Covid-19 pandemic, salt consumption markets of … [Read more...] about Salt farmers in need of financial support

Lê Thế Hiếu, head of Agriculture and Rural Development Desk of Diễn Châu District told Tiền Phong (Vanguard) newspaper that the salt-making area in the district was more than 120 ha last year but now was about 100 ha, producing some 6,435 tonnes. … [Read more...] about The heat, and the salt, is on

According to the NA-assigned targets, Vietnam’s GDP growth rate in 2020 will be 6.8% while inflation will be kept below 4%. However, the unexpected outbreak of COVID-19 in more than 200 countries around the world has made this goal a major challenge which, as assessed by the Government, is difficult to be achieved. Given that fact, the proposal to adjust the growth targets is necessary and consistent with objective reality, looking directly at the socio-economic situation and forecasting the international and domestic situation in the near future. Under the Government’s updated scenario, the country’s GDP will grow by about 4.5% in 2020. The Government has also set a higher growth target of 5.4% in the event of a favourable global situation, with the disease being put under control and the global market recovering. Meanwhile, the consumer price index (CPI) for the whole year will rise by 4% on average; total state budget revenue will see a reduction of VND163 trillion … [Read more...] about BUSINESS NEWS HEADLINES MAY 30