Agriculture

The export value of main agricultural products was estimated at nearly $12 billion; that of aquatic products at $5.2 billion; that of key forest products at $7.83 billion, an increase of 10.3 percent. Meanwhile, in the opposite direction, imports of agricultural, forestry, and fishery products in the past eight months reached $19.95 billion, down 2.5 percent compared to the same period last year. The whole agricultural, forestry, and fishery sector saw a trade surplus of $6.2 billion, an increase of 4.9 percent compared to 2019. … [Read more...] about Agricultural sector has trade surplus of above US$6 billion

Phnom Penh (VNA) – The Singapore-based firm Hong Lai Huat (HLH) has shaken hands with Skiold A/S of Denmark to consider investment into a 1-billion-USD Cambodia-Singapore Agriculture Special Economic Zone project. The Edge newspaper of Singapore reported that the objective of a memorandum of understanding (MoU) signed by the two firms is to create the foundation for the first mutual platform to enhance trade and economic cooperation and technical exchanges in the field of poultry and cattle farming as well as seed processing for Cambodia. Under the MoU, both companies agreed to initiate the setting up of livestock and seed production in the agriculture economic zone, while conducting a feasibility study of a new project on livestock and agricultural production, and creating more job opportunities within the next six months. HLH General Director Ong Jia Jing showed pleasure at the potential collaboration between the two companies in the development of the Cambodia-Singapore … [Read more...] about Singaporean, Danish firms shake hands in developing agricultural project in Cambodia

The company has constantly upgraded technologies, improved production lines and applied scientific and technological achievements in order to increase productivity, reduce costs and improve product quality. Previously, there were two blast furnaces with capacity of 10,000 tonnes per year each with Chinese technology using imported coking coal and grade-1 ore. So far, the company has had three blast furnaces with capacity of 100,000 tonnes per year each with its own technology using all domestic anthracite coal and grade-2 apatite ore. In particular, the company’s local content rate has reached 100 percent since August 2013, with machinery and equipment manufactured by the company itself or placed in the country. … [Read more...] about VADFCO fertilizer products: Key to sustainable agriculture

Bangkok (VNA) - The Thai government is pushing ahead with the bio-economy concept to modernise agriculture with advanced technology in a move to improve the national economy, local media reported. Bio-economy, which uses renewable resources and turns them into value-added products, is expected to help farmers better deal with unstable crop prices and convince various industries such as automotive and electronics to come up with new products. Authorities put agriculture and biotechnology, which are at the core of a bio-economy, on the list of 12 targeted S-curve industries, covering a range of businesses from cars and smart electronics to affluent and medical and wellness tourism. According to Alongkorn Ponlaboot, adviser to the agriculture and cooperatives minister, the S-curve initiative will be a new tool to grow the Thai economy.   “Such crops as sugar cane, cassava and rice can be developed into value-added products,” Alongkorn was quoted by the Bangkok Post … [Read more...] about Thailand works to modernise agriculture with advanced technology

A tea farm in the hilly city of Dalat in Lam Dong Province – PHOTO: THUY TRAM HCMC - Despite keen interest from businesses to invest in agricultural tourism in the Central Highlands province of Lam Dong, the provincial government is not granting an approval to such projects for the time being. … [Read more...] about Lam Dong halts agricultural tourism projects