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Farmers in Phu My District, the chilli hub of Binh Dinh Province, are facing losses due to the falling prices of red chilli. Chilli prices drop sharply According to the farmers, bird's eye chilli prices were VND120,000 (USD5) to VND150,000 per kilo before Tet Holiday. But now the prices have dropped to VND11,000 to VND12,000. While cayenne pepper prices dropped from VND7,000-8,000 to VND3,000-5,000 per kilo. 67-year-old Duong Thi Hang said, "We’re already used to the situation when the prices drop during bountiful harvests. We’re just sad that our effort is not rewarded." She went on to say that the cost to set up a 500-square-metres chilli garden is about VND2.5m (USD108), not including the expenses on pesticide. By the harvest season, each garden would cost at least VND4m. Then they have to spend VND5.5m to VND6m to hire people to pick the chillies. The farmers in Binh Dinh depend greatly on their biggest buyer, China. However, the market is volatile. … [Read more...] about Chilli prices drop sharply after spring harvest

Fashion retailers like H&M have suffered from negative comments, photo Le Toan As a consequence of integrating the “nine-dash line” map into online shopping websites in the Chinese market, a great number of local young people have called for a boycott on the Swedish fashion brand, causing a week-long desert atmosphere to drift over most of its outlets in Vietnam. Xuan Huong, a 22-year-old student based in Hanoi, said that as soon as the case flared up, she became no longer interested in shopping with H&M. “I was very disappointed,” Huong stressed. “I used to be a fan of the brand because of the reasonable prices and eye-catching designs of most items. But from now, I may never purchase anything from H&M due to its disrespect to Vietnamese consumers who they have earned from for more than three years.” Dung Thang, a 25-year-old officer in the capital’s Ba Dinh district said, “Before this incident I had no intentions to buy any items from H&M because their … [Read more...] about H&M fighting to save fanbase after social media backlash

Each morning and afternoon for the past year, 37-year-old baker Phan Thanh Phuoc has sold bread shaped like crocodiles, crabs, frogs, and turtles in an alley off 123 Ho Hoc Lam Street, Binh Tan District. A loaf of bread here usually costs from VND2,000 to VND30,000 ($1.3), depending on size and shape. Among the animal-shaped offerings, alligators and horses are the bestsellers. Phuoc said he keeps his price affordable since he mainly serves workers. "I have been in the bread business for 20 years. Previously, I worked for many bakeries. I opened my own two years ago. In addition to ordinary bread, I bake animal-shaped bread, which are easier to sell," Phuoc said. Alligator-shaped bread cost VND10,000 a piece, with giant, made-to-order versions priced at VND50,000. A menagerie of animal bread. "I only make animal-shaped bread at noon when I have more time for molding. Alligator bread is still my … [Read more...] about Saigon baker ‘ensnares’ foodies with animalistic bread

Do Van Chien named President of VFF Central Committee Do Van Chien, President of the VFF Central Committee for the ninth tenure, speaks at the meeting in Hanoi on April 12 Do Van Chien, Secretary of the Party Central Committee and Secretary of the Party Delegation of the Vietnam Fatherland Front (VFF), has been assigned as President of the VFF Central Committee for the ninth tenure (2019-2024). The VFF Central Committee held a meeting in Hanoi on April 12 to discuss the appointment of its President and additional members to its Presidium. All in attendance agreed to assign Chien as a member of the VFF Central Committee and its Presidium, and President of the VFF Central Committee for the ninth tenure. His predecessor, Politburo member Tran Thanh Man, was recently elected Vice Chairman of the 14th National Assembly (NA). In his inauguration address, Chien said the VFF should push ahead with performing its duties in the election of deputies to the 15th NA and all-level … [Read more...] about VIETNAM NEWS HEADLINES APRIL 13

This comes following the market share of Vietnamese cassava chips as part of China's total imports increased sharply throughout the reviewed period. March alone witnessed the country export roughly 385,000 tonnes of cassava and cassava products worth US$142 million, posting a rise of 17.1% in volume and 23.9% in value compared to the same period from last year. The average export price of cassava in March recorded an increase of 1% compared to February, whilst rising by 5.8% compared to March, 2020, to US$369 per tonne. During the initial three months of the year, the nation shipped 1.07 million tonnes of cassava and cassava products abroad worth US$396 million. According to figures compiled by China Customs, during the initial two months of the year, China's import of cassava chips surged by 151.9% on-year to US$222.65 million, with Thailand, Vietnam, Cambodia, Laos, and Tanzania being the five largest cassava chips suppliers to the East Asian giant. The nation ranks second … [Read more...] about Cassava exports enjoy surge in Q1