return icon Vietnamnet.vn

The ‘farm produce rescue’ method

Some retailers have reportedto the Ministry of Industry and Trade (MOIT) that there is no more farm produce to rescue. But farmers still complain that their farm produce remains unsalable.

According to Nguyen Thanh Thuy, deputy general director of Vincommerce, the owner of Vinmart chain, said the retail chain had contacted suppliers, but there was nothing to buy.

 

{keywords}

 

“They need to tell us what they have, time, amounts and prices,” Thuy said, adding that Vincommerce makes no profit to help farmers consume products.

Retail chains are willing to help rescue farm produce, but this is not easy to do.

Nguyen Thi Phuong, deputy general director of Central Retail, said its Big C supermarket chain joined the dragon fruit and water melon rescue program by selling products at cost and incurring a loss of VND15-17 billion worth in transportation cost.

Some retailers have reportedto the Ministry of Industry and Trade (MOIT) that there is no more farm produce to rescue. But farmers still complain that their farm produce remains unsalable.

However, suppliers said there is no more dragon fruit to provide to Big C. The retailer can collect water melon, but the price has increased by twofold.

This explains why consumers cannot buy farm produce at low prices at supermarkets, though they hear the information about farm produce rescue every day.

The activities of rescuing farm produce are still very busy in the market. In HCM City, some people have collected farm produce directly from farmers to sell for no profit.


L.V.P said he has sold 28 tons of water melon for farmers in Gia Lai province. One kilogram of water melon sold for VND4,300 per kilogram. The money from the sale was shown on his Facebook and transferred to farmers.

The representative of a large supermarket in HCM City said supermarkets mostly collect produce that needs to be rescued through cooperatives, farmers’ representatives and local agriculture departments. Most of the products cannot be exported.

In rescue campaigns, supermarkets and partners conduct negotiations about the collection of farm produce within a short time before they sign contracts. In some cases, during the rescue process, suppliers break the contracts when they hear that they can sell products to other partners at higher prices.


N.T.H.T, director of a company in Ben Tre province, said it is very difficult to bring products to supermarkets because supermarkets always set high requirements on quality and delivery. The requirements cannot be met by most farmers with their current farming process.

Therefore, if suppliers can sell products to other consumers or export to China, they would break the contracts signed with supermarkets. 

Mai Lan

Farm produce stuck at border, but farmers don't want to sell

Farm produce stuck at border, but farmers don't want to sell

Thousands of trucks are still heading for the Vietnam-China border gates, though the exports are getting stuck because of the Covid-19 epidemic.

Farm produce prices slump as Covid-19 hits exports

Farm produce prices slump as Covid-19 hits exports

The suspension of trade in seafood and agriculture products at some northern border gates with China as a measure against the novel coronavirus (Covid-19) has caused a demand-supply imbalance in the market.  

MORE NEWS

VIETNAM BUSINESS NEWS MAY 18

Two additional enterprises allowed to export pangasius to EAEU

HCM City has ambitious greenery plans for 2022

HCM City plans to add at least 10 hectares of parks and two hectares of public green spaces, and plant or rehabilitate 6,000 trees this year to make the city greener and more beautiful.

Two additional enterprises allowed to export pangasius to EAEU

The Russian Federal Service for Veterinary and Phytosanitary Supervision (FSVPS) have recently added two more seafood enterprises to the list of Vietnamese firms permitted to export to the Eurasian Economic Union (EAEU), as of May 4.

Vietnam seeks climate finance from G7

The partnership with the world’s advanced economies will help Vietnam address financial problems to pursue the low-carbon strategy.

Hoa Phat fined for having no independent board members

Hoa Phat Group JSC (HPG), a leading Vietnamese steelmaker, has been fined VND125 million for having no independent members on its board of directors.

VIETNAM NEWS HEADLINES MAY 18

Miss Supranational Vietnam 2022 debuts in HCM City

31ST SEA GAMES: UPDATES MAY 18

SEA Games 31: Vietnamese archers secure two silver medals

HCM City set to pilot casino scheme at luxurious hotels

HCM City is planning to pilot the opening of casinos at hotels rated five stars and above in popular tourist destinations for Vietnamese citizens aged 18 and over.

Fresh opportunities for Vietnam-US cooperation in tourism development and trade

Prime Minister Pham Minh Chinh has voiced his hope that US partners to support Vietnam in policy consultation, capital, human resources, infrastructure systems, technology, and governance.

Prime Minister invites US investment in digital transformation

Meeting with US financial corporations, Vietnamese Prime Minister Pham Minh Chinh said Vietnam is dealing with problems to make the capital market develop in a safe, transparent, effective and sustainable way.

Vietnam's stock market has potential in long term

After the longest losing streak in the past ten years, the VN-Index fell off the 1,200-point mark - an important support level established in 2018.

HCMC seeks to remove obstacles facing 38 property projects

The HCMC government has asked the Department of Construction to coordinate with other departments and agencies to quickly remove bottlenecks facing 38 real estate projects in the city as proposed by the HCMC Real Estate Association (HoREA).

Vietnam removes anti-dumping duties on steel imports from China, S.Korea

The Ministry of Industry and Trade has decided to remove anti-dumping duties on coated steel imports from South Korea and China after five years of imposing the duty.

Local gold regulation considered 'outdated' amid skyrocketing prices

With the price of a tael of gold in Vietnam more than US$800 higher than in the rest of the world, local experts say the local regulation of gold prices is unsuitable.

Encouraging results with Mobile Money deployment in VN

Le Anh Dung, deputy director of the Payment Department under the State Bank of Vietnam, noted that the Mobile Money service has grown positively.
back_to_top