According to Dao Van Ho, Director of the Trade Promotion Centre for Agriculture under the Ministry of Agriculture and Rural Development, the supply of safe farm produce remains too weak to meet demand.He said that there are around 700 supply chains for safe farm produce including vegetables, fruits, tea, pork, egg, rice and seafood products in 50 provinces and cities.Still, demand for safe farm produce is much higher, Ho said. The supply of safe farm produce is not diverse enough and lacks adequate stores for consumers to visit.This is a part of the reason why many agricultural products struggled in sales and faced strong drops in prices, as in the recent cases of banana in the southern province of Dong Nai, watermelon in central Quang Ngai Province and pork oversupply crisis.“It is critical to promote the supply chain for farm produce in an effort to restructure the agricultural sector towards increasing added value and sustainable development,” Ho said.From the viewpoint … [Read more...] about Vietnam needs to develop supply chain for safe farm produce
Farm produce
Safe farm produce week launched in Hanoi
Jointly held by the Investment, Trade and Tourism Promotion Centre of Hanoi, the Hanoi Department of Agriculture and Rural Development, and Biggreen Vietnam, the event is an important agricultural trade promotional activity on the 2017 schedule.More than 60 kinds of farm produce from Hanoi, Hoa Binh, Ha Nam, Nam Dinh, and Quang Ninh are on display at the centre. Businesses joining the event include Minh Duong JSC, Ba Huan Co., Ltd., and Sen Tri Farm, as well as Langer Vietnam.As local consumers are becoming increasingly concerned with food safety, numerous supermarkets offering safer farm produce have been opened in recent months.Co-operative Union of Agricultural Consumption (UCA) opened three safe farm produce supermarkets in Hanoi in November 2016. UCA plans to build 50-100 similar supermarkets in Hanoi and Ho Chi Minh City and other localities around the nation by 2018.Pham Minh Tuan, chairman of the UCA Board of Directors, said the union is co-ordinating with nearly 200 … [Read more...] about Safe farm produce week launched in Hanoi
Farm produce export drops strongly in January
Farm produce export drops strongly in JanuaryBan Mai By Ban Mai - The Saigon Times Daily HCMC – The export turnover of major farm items such as coffee, rubber and cashew was over US$1 billion in January, declining by 17.9% year-on-year. According to the Ministry of Agriculture and Rural Development, the estimated coffee export was 165,000 tons worth US$323 million, down 24.7% in volume and 29% in value from last year’s same period. The export of rubber fell by 17.5% in volume and 32.8% in value with 90,000 tons and US$199 million. Besides, the export volume and value of tea dropped by 15.9% and 11.3% respectively with only 10,000 tons and US$17 million. Similarly, Vietnam exported 19,000 tons of cashew having an export turnover of US$116 million, down 3.2% and 1.3% respectively. Meanwhile, the import value of some main agricultural products in January reached US$1.5 billion, rising by 4.7% compared to last year’s same period. … [Read more...] about Farm produce export drops strongly in January
Low prices make farm produce exports less palatable
Low prices make farm produce exports less palatableBy Hong Van - The Saigon Times DailyHCMC – Although the agriculture industry surpassed its export revenue target for this year, the figure was low compared with 2008 as export prices dropped sharply.In other words, local enterprises managed to raise farm produce export volumes to compensate for export prices that came down due to the global financial meltdown. In fact, local farmers and exporters were in a gloomier The nation exported one million tons of coffee for US$2.1 billion in value in 2008. Export volume increased by 100,000 tons this year but export value dropped by US$400 million.Vietnam exported nearly 95% of coffee input to overseas markets in 2009 and priced the products following London or New York markets. As a result, many coffee enterprises incurred heavy losses as prices fell to US$1,100-1,200 per ton in June, lower than the acceptable rate of US$1,800 set by the Vietnam Coffee and Cocoa Association.Many coffee … [Read more...] about Low prices make farm produce exports less palatable
Sacombank to facilitate farm produce import from U.S.
Sacombank to facilitate farm produce import from U.S.By Phuong Thao - The Saigon Times DailyThe program covers credit terms of up to 12 months with the total limit of US$20 million. The Commodity Credit Corporation (CCC) under the U.S. Department of Agriculture has picked four banks in Vietnam for the program.The program will help local farm produce importers gain access to capital sources with preferential terms and interest rates. This is also a chance for Sacombank’s corporate customers to expand business with prestigious exporters in the U.S.The bank has also joined hands with the U.S. Department of Agriculture and U.S. Consulate General to hold a seminar introducing benefits of the GSM-102 transactions to Vietnamese importers. … [Read more...] about Sacombank to facilitate farm produce import from U.S.
Raw farm produce import is necessary, says ministry
Raw farm produce import is necessary, says ministryBy Ngoc Hung - The Saigon Times DailyHCMC – Despite being a strong farm produce exporter, Vietnam still needs to import unprocessed agricultural and forestry products to help improve local production and business, said Phan The Hao, director of the Ministry of Industry and Trade’s southern office.The nation spent more than US$4.6 billion on farm produce imports in the first four months of 2010, an 80% year-on-year increase.Farm produce has been included in Vietnam’s import list for many years but import value has surged strongly in 2010. “Local enterprises have boosted timber, rubber and cotton imports given the global economic recovery,” Hao explained.In addition, farm produce import has rocketed as import tariffs have decreased due to the free trade agreement between ASEAN and China and the ASEAN’s common effective preferential tariff scheme. As a result, agricultural imports have streamed into … [Read more...] about Raw farm produce import is necessary, says ministry
Exporters get stuck in rising farm produce prices
Exporters get stuck in rising farm produce pricesBy Ngoc Hung and Thai Hang - The SaigonTimes Daily HCMC – Rising prices of several types of local farm producehave put exporters in hot water as processors cannot buy them while deliverydates approach, industry sources said. The local coffee price is mounting sharply, to some VND50million or US$2,440 per ton, almost on a par with the level of US$2,460 per tonon Tuesday on the Londoncommodities exchange. This means exporters will face big losses when takinginto account all costs and expenses. But the big problem is that most coffee exporters havesigned futures contracts at a much lower price, and now find it hard to fulfillthe deals, especially those with delivery in July.Doan Trieu Nhan, an expert of the Vietnam Coffee and CacaoAssociation (Vicofa), said no one could have forecast at the beginning of thecoffee season that the coffee price would climb steadily for such a long time.That explained why many traders had agreed to sell a … [Read more...] about Exporters get stuck in rising farm produce prices
U.S., Europe seek to spur farm produce exports to Vietnam
U.S., Europe seek to spur farm produce exports to VietnamBinh Nguyen and Dao Loan By Binh Nguyen and Dao Loan - The Saigon Times Daily HCMC - 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 of agricultural produce of their countries to Vietnam. The firms from the two largest export markets of Vietnam are among 434 companies of different nationalities participating in the Food and Hotel Vietnam 2013, which kicked off on Wednesday at the Saigon Exhibition and Convention Center in District 7. Jan de Graaf, general manager of German Food Asia Co., Ltd, said Vietnam was an important market for German businesses as the demand for quality food and drinks in this market kept growing strongly. De Graaf demonstrated that exports of German food and drinks alone to Vietnam last year doubled the value in 2010 to 85 million euros. Last year saw an increase of … [Read more...] about U.S., Europe seek to spur farm produce exports to Vietnam
Demand for clean farm produce huge
Demand for clean farm produce hugeMinh Tam By Minh Tam - The Saigon Times Daily HCMC - Enterprises said demand for their unprocessed and processed agricultural products meeting international food safety and hygiene standards has surged. Vo Phat Trien, director of Viet Duc Company, a Dong Thap Province-based firm specializing in dried mango products, said German customers ordered three 40-foot container loads of dried mango a month but the company refused due to its limited capacity and unstable supply of raw material. Trien told a meeting on solutions to agriculture in HCMC on Tuesday that the firm’s dried mango is favored in the German market because the company uses mangos that meet Global Good Agricultural Practice (GlobalGAP) standards. Nguyen Lam Vien, general director of Vinamit Joint Stock Company, which is implementing a Vinamit Organic project, said importing countries need more organic agricultural products while local consumers are increasingly aware of clean farm … [Read more...] about Demand for clean farm produce huge
Dong Thap lures investments into infrastructure, farm produce processing
Dong Thap lures investments into infrastructure, farm produce processingHung Le HCMC – The Mekong Delta province of Dong Thap is calling for investors at home and abroad to develop industrial infrastructure, and agricultural goods processing projects, heard a press conference in HCMC last Saturday. The provincial government and the Institute of Vietnam Organic Agricultural Economics unveiled the investment promotion conference under the theme of “Dong Thap – our potential, your opportunity,” which is slated to take place next Tuesday in Cao Lanh City, and is expected to have around 300 delegates. Truong Hoai Chau, director of the provincial Department of Planning and Investment, said the local government is calling for investors for 33 projects which are aimed at developing infrastructure for industrial zones, hi-tech agricultural sub-zones, as well as processing industry, tourism, and trade. The local government wants to prop up investments in the farm produce … [Read more...] about Dong Thap lures investments into infrastructure, farm produce processing