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Update news farm produce
VietNamNet Bridge – Many Vietnamese producers have expressed concern over the rapid expansion of foreign retailers on the domestic market as their products may be replaced by foreign items at supermarkets with foreign involvement.
VietNamNet Bridge – The Prime Minister has signed a decision giving assignments to eight ministries to help realize this year’s socio-economic targets.
VietNamNet Bridge - The rapid increase in exports to one market may force Vietnam to face anti-dumping lawsuits, while large exports to China will bring risks as this is an unsafe market.
VietNamNet Bridge - Current factors, including the global recession, Chinese yuan devaluation and global oversupply, do not support Vietnamese farm exports, experts say.
Binh Thuan provincial authorities have fined 23 Chinese businessmen for illegal collection of dragonfruits in the locality. Ca Mau provincial authorities have stopped the illegal crab collection by Chinese traders.
VietNamNet Bridge - Analysts have warned that even if goods transit centers are built in border areas, Vietnam’s farm produce will still be at a disadvantage if Chinese businesses make problems for Vietnamese merchants.
VietNamNet Bridge - Vietnam is the second biggest rice exporter in the world, the fifth largest tea exporter and the fourth biggest shrimp exporter. But the country has met major difficulties when entering large markets.
VietNamNet Bridge - High export turnover and high export growth rate are figures usually cited in government agency reports as proof of economic development. However, there are many problems behind the figures.
The six countries forming the Gulf Cooperation Council (GCC) – Saudi Arabia, Kuwait, Qatar, Bahrain, the UAE and Oman – depend on imports for 80-90 per cent of their food as a large part of their land areas are desolate.
VietNamNet Bridge - The strong-dong exchange rate policy has dealt a blow to farm-produce exporters and agricultural businesses.
VietNamNet Bridge – Viet Nam has completed free trade agreement (FTA) talks with the European Union, the Republic of Korea and the Customs Union of Russia-Belarus- Kazakhstan this year,
VietNamNet Bridge – The value of Vietnam exports outpaced the GDP growth rate by threefold in the first six months of the year, jumping up 15% over last year’s same period to US$71 billion.
VietNamNet Bridge – Prime Minister Nguyen Tan Dung has urged for balanced supply and demand of goods so as to keep their prices from spiralling, especially farm produce and foodstuff as the lunar New Year approaches.
The export prices have been unstable. The main export items such as rice, coffee and rubber have seen the export volumes drop sharply. As for seafood exports, shrimp are the only products seeing growth, while tuna and catfish exports have gone down.
VietNamNet Bridge – The Japanese technology – Cell Alive System is expected to be used massively in Vietnam in preserving the country’s tropical fresh farm produce and seafood in an environmental-friendly
Farmers spend big money and efforts to grow high quality farm produce which meet international standards, but the products have been refused, or sold at low prices.
From June 7, foreign invested enterprises would lose the right to collect coffee directly from farmers. It’s clear that by laying down the policy, the state aims to protect domestic companies. However, the policy may harm farmers.
VietNamNet Bridge – A slew of companies from the United States and Europe are showcasing meat, dairy products and drinks at the ongoing international food and hotel show in HCMC in an effort to increase exports
Vietnam, China deal on farm produce trading; Hanoi and HCM City CPI down in April; Eximbank lends US$100 million to Vietnam Airlines for B787; Garment exports pick up
More and more business fields have been set as the types of conditional business. This would do more harm than good.