COFFEE PRICES REACHED NEW HIGHS AGAIN WHEN PURCHASING POWER INCREASED
The domestic price of coffee is around 120,000 – 121,200 VND/kg. The inventory of farmers has almost gone so the trading situation is not vibrant despite high prices. Robusta and Arabica prices on the two world exchanges simultaneously increased by more than 5% due to...
THE PRICE OF A SPICE ITEM HAS INCREASED TO THE HIGHEST EVER SINCE
The rising demand from the world's largest markets such as the US, China, and the EU has led to an increase in world market prices. As a result, the prices of Vietnam's pepper have been going up sharply ever since. PEPPER PRICES ARE RISING STRONGLY, WHICH MAKES...
LYCHEE CROP 2024 IN BAC GIANG: IMPROVING THE VALUE TO COMPENSATE FOR REDUCED OUTPUT
Due to the adverse weather, the production of Bac Giang lychee decreased sharply. To compensate for the decrease in production, farmers and authorities at all levels in Bac Giang province are focusing on taking care of and promoting consumption to improve the value of...
THE PEPPER PRICE HAS REMAINED AT NEW HIGHS
The pepper price has continued to increase sharply for nearly a week. The recent strong increase in pepper prices is due to limited supply while demand from the US, China, and the EU is high. Pepper prices in key growing areas across the country have remained around...
THE PHILIPPINES SPENT NEARLY ONE BILLION USD BUYING VIETNAM’S RICE DESPITE HIGH PRICES
The average export price of Vietnam’s rice remains high. However, the Philippines has spent nearly one billion USD buying 1.49 million tons of rice from Vietnam in the last 4 months alone. According to the General Department of Customs, in April 2024, Vietnam exported...