Nearly 500 tons of "Com Vietnam Rice" exported to the EU. (Photo: VNA) Since the EU-Vietnam Free Trade Agreement (EVFTA) took effect, the group has exported around 30,000 tons of rice to the EU. It was the first time the rice was exported under its own brand name, instead of those by importers in the previous shipments, according to Loc Troi. Loc Troi Group CEO Nguyen Duy Thuan said the consignments, which mostly consist of fragrant rice, have left Vietnam and will arrived in Germany, the Netherlands and France in July. The grain will be available at France-based Carrefour, the Europe’s largest retailer and wholesaler, he said. The shipment, though not large, marks the start of the group’s journey to conquer the global market, he added. Loc Troi Agricultural Products JSC (LTA), the agricultural arm of Loc Troi Group, owns 26 factories capable of milling over 22,000 tons of rice per day. The group has been collaborating with a network of numerous cooperatives and more … [Read more...] about 500 tons of Vietnamese-labelled rice exported to EU
22 karat gold
Fuel prices slightly decline after seven times in row of increase adjustment
Specifically, the retail price of E5RON92 bio-fuel was reduced to VND30,891 (US$1.3) per liter, a reduction of VND411 (US$0.018) per liter, meanwhile RON95-III gasoline price lessened to VND32,763 (US$1.4) per liter, a decrease of VND110 (US$0.0047) a liter. The price of diesel 0.05S was reduced to VND29,615 (US$1.27) per liter, a reduction of VND404 (US$0.017) per liter; kerosene lessened to VND28,353 (US$1.22) per liter, a reduction of VND432 (US$0.019) per liter, mazut oil 180CST 3.5S decreased to VND19,722 (US$0.85) per kilogram, a deduction of VND1,013 (US$0.043) per kilogram. According to the experts, the reduction session was not adequate with the seven consecutive sessions of increasing the fuel prices. As the prices of petroleum products tended to decrease, the inter-ministerial department has decided to stop spending the Price Stabilization Fund for diesel and kerosene, and start setting up Stabilization Fund for some fuel types that have not consumed much. By Van … [Read more...] about Fuel prices slightly decline after seven times in row of increase adjustment
500 tonnes of Vietnamese-labelled rice exported to EU
Nearly 500 tonnes of " Com Vietnam Rice " exported to the EU. (Photo: VNA) HCM City (VNA) – Loc Troi Group JSC exported nearly 500 tonnes of rice labelled with its own brand name “Com Vietnam Rice” to the EU markets in June. Since the EU -Vietnam Free Trade Agreement ( EVFTA ) took effect, the group has exported around 30,000 tonnes of rice to the EU. It was the first time the rice was exported under its own brand name, instead of those by importers in the previous shipments, according to Loc Troi. Loc Troi Group CEO Nguyen Duy Thuan said the consignments, which mostly consist of fragrant rice, have left Vietnam and will arrived in Germany, the Netherlands and France in July. The grain will be available at France-based Carrefour, the Europe’s largest retailer and wholesaler, he said. The shipment, though not large, marks the start of the group’s journey to conquer the global market, he added. Loc Troi Agricultural Products JSC (LTA), the agricultural … [Read more...] about 500 tonnes of Vietnamese-labelled rice exported to EU