SCARCE SUPPLY IN VIETNAM MAKES COFFEE PRICES INCREASE STRONGLY
The price of domestic coffee simultaneously increased by 1,500 VND to 125,000–126,500 VND/kg. Experts said that difficulties in the key coffee-growing regions of Brazil, Colombia, and Vietnam are causing the increase in coffee prices, and there are few signs of...
GREAT OPPORTUNITY FOR VIETNAM’S RICE EXPORTS AS THE PHILIPPINES REDUCES IMPORT TAX
The Philippines, the world's largest rice importer, has reduced the import tax on rice from 35% to 15% from this year until 2028 to cool down domestic inflation. However, analysts worry that the move could benefit major rice-producing countries in Asia, such as...
OPPORTUNITIES TO ACCELERATE CATFISH EXPORTS UNTIL THE END OF THE YEAR
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), catfish export turnover in the first 5 months of 2024 was about 725 million USD, up 2% over the same period in 2023. In particular, the turnover in May 2024 reached 146 million USD, an...
THE DOMESTIC PEPPER PRICE ACHIEVED A NEW RECORD
The pepper price today in the Central Highlands and the Southeast region increased by 1,000–2,000 VND/kg. The highest purchase price in Dak Nong province is 145,000 VND/kg. Accordingly, pepper in Dak Lak is purchased at 144,000 VND/kg, an increase of 2,000 compared to...
CHILI PRICES ARE DECREASING
Chi Lang district has the largest chili-growing area in Lang Son province (accounting for about 50%). This is one of the key crops of the district, which people focus on production in the winter-spring season. The whole district planted about 726 ha of chili this year...