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Update news exporters
The Ministry of Agriculture and Rural Development has asked local exporters to suspend the transport of farm produce to the northern border gates.
VietNamNet Bridge – Vietnam’s foray into free trade agreements will open up opportunities for local enterprises to tap new markets but these pacts might also expose exporters to more trade defense cases in member countries,
VietNamNet Bridge – Vietnamese fruits have gradually conquered world markets, said Nguyen Xuan Hong director of the Ministry of Agriculture and Rural Development's (MARD) Plant Protection Department.
VietNamNet Bridge – Viet Nam has abundant human resources in agriculture, but has not utilised them properly, Nguyen Van Bo, director of the Viet Nam Academy of Agricultural Sciences, told Nong thon Ngay nay newspaper.
VietNamNet Bridge – The rice demand is increasing in the world market, but Vietnamese farmers have sold out their third-crop rice. Exporters don’t have rice to sell while the Filipino government has opened an invitation for bids.
VietNamNet Bridge – The move by the State Bank of Vietnam of raising the dollar buy price has been commented as showing its determination to keep the dong/dollar exchange rate stable.
VietNamNet Bridge – Under amendments to a draft decree on rice-export companies (Decree 109), Viet Nam would allow no more than 150 rice-export firms to operate.
While Vietnamese products flood the supermarkets owned by Vietnamese or Chinese, they rarely can be seen at the US owned hypermarkets, or they are available there under the others’ names.
NPLs continue to climb north; Hydropower project owners must plant forests; Thai firms set up shoe distribution channels in Vietnam; Another coal price hike in sight; Gov’t to issue 15-year bonds
VietNamNet Bridge – The stabilizing of the dong/dollar exchange rate over the last two years has made the local currency depreciate by 20 percent, which has hindered exports.