High quality rice

Trade experts said the country was switching to exporting more fragrant and high-quality rice at a higher price and added value. Furthermore, local rice farmers and traders had paid much attention to improving the quality of rice, origin traceability as well as adopted measures to meet the requirements of demanding markets like the EU, South Korea and the US. — VNS … [Read more...] about Total of 205 traders allowed to export rice

Hanoi (VNS/VNA) - Up to 205 local traders nationwide were permitted to export rice as of January 18, following a list released by the Ministry of Industry and Trade’s Agency of Foreign Trade.   Per the list, the Mekong Delta City of Can Tho saw the highest number of licensed rice exporters at 43. Ho Chi Minh City ranked second with 38 eligible rice exporters, followed by the southern provinces of Long An, An Giang and Dong Thap at 25, 20 and 18, respectively. Other localities with licensed rice exporters were Tien Giang and Hanoi with eight, Nghe An with seven, and Kien Giang and Vinh Long at six.  Meanwhile, other localities had only one permitted rice exporter, such as Dak Nong, Tra Vinh, Tay Ninh, Binh Dinh, Binh Duong, Ha Tinh, Nam Dinh and Ninh Binh.  Despite a modest decline of 3.5 percent in export volume to 6.15 million tonnes mainly due to the Government's efforts to ensure national food … [Read more...] about Total of 205 traders allowed to export rice

In an interview recently granted to Vietnam News Agency correspondents in Seoul, the Republic of Korea (RoK) Linh, who is also a member of the Vietnam Fatherland Front Central Committee, said the Congress is a significant political event that will encourage the entire Party, people and armed forces to continue speeding up comprehensive and synchronous reform, carrying the country towards rapid and sustainable development. … [Read more...] about VIETNAM NEWS JANUARY 25

Kien Giang (VNA) - The Mekong Delta province of Kien Giang earned an estimated 55 million USD from exports in January, an 18.5 percent increase against December and 37 percent year-on-year. Items posting high growth included rice with over 11 million USD (up 36.3 percent), aquatic products with 27 million USD (up 70 percent), and footwear with 11 million USD. Local authorities are implementing a wide range of measures to provide support to and remove the difficulties facing local enterprises’ production and businesses. Attention has been paid to enhancing trade promotions to help local businesses expand markets and bolster exports, especially to markets with which Vietnam has signed free trade agreements. It is also accelerating administrative reform through applying online public services, while updating local enterprises on market information. The province’s agricultural sector is focusing on producing rice and farming high-yield brackish water shrimp to actively … [Read more...] about Kien Giang’s January export turnover hits 55 mln USD

Noticeably, thanks to comprehensive and extensive activities of external economic development, the total foreign trade turnover of goods implemented in the 2011-2019 period hit $3.1 trillion, 20.2 times more than that in the 1991-2000 period and 3.6 times higher than the 2001-2010 period. This is a sign showing that Vietnam has exploited the strength of the domestic economy and taken advantage of the global market. It is proved by the fact that foreign investment has become an important capital mobilization channel for socio-economic development, contributing to promoting economic restructuring towards industrialization and modernization, creating more jobs, and improving management capacity and technological level. Especially, foreign direct investment has also stimulated the expansion of external economic relations between Vietnam and other countries in the region and the world. The new position and growth motivations Along with the achievements in socio-economic development, the … [Read more...] about Bright economic appearance after 35 years of innovation