Agricultural Commodities

On 12/31/2015, Ministry of Agriculture and Rural Development (MARD) officially approved brackish water shrimp planning in the Mekong River Delta (MRD) until 2020, 2030. It is considered as the base for the whole region shrimp farming to generate maximum production value, efficiency and sustainability.

Last year, while sea food exports to traditional market such as USA, Japan and EU decline, ASEAN increase seafood imports from Vietnam, and this trend is expected to continue this year.

Farmers in U Minh and Tran Van Thoi Ward (Ca Mau Province) said, the demand for wild-caught fish exceeds its supply so fish price rises to the highest level in recent years. The authorities identified that fish yield in CaMau province in 2015-2016 period is estimated at 20.000 tons, goes down by 10.000 tons compared to previous period. This is the lowest quantity in the last 5 years. Currently, total quantity reach 15.000 tons, in which snakehead, perch, mulch yields is 8000 tons, 2000 tons and 1500 tons respectively, the rest belongs to other types of fish.

Over decades, many households in Hai Minh village, Hai Cang Ward (Quy Nhon city, Binh Dinh) has changed the economic life thanks to cage farming of fish in open sea. It has brought about stable income, job opportunities for hundreds of local workers. According to Mr Truong Thanh Hung, Chairman of Fishermen Association in Hai Cang Ward, previously without cage farming of fish, farmers in Hai Minh village exploited coral to earn their living. Then, this job is abandoned due to its serious impacts on natural environment as well as its danger to marine ecosystem. Therefore, they have switched to aquaculture. They usually raised fishes that generate high yield and price such as grouper, cobia, pomfret, sea bass, red snapper,…

HCM CITY (VNS) — The rubber industry expects another difficult year due to falling prices and low demand in the global market, the Viet Nam Rubber Group has said.

Speaking at a review meeting in HCM City on Friday, Tran Thoai, the company's deputy general director, said Viet Nam exported 1.14 million tonnes of natural rubber worth US$1.53 billion last year, an increase of 7.1 per cent in volume but a decrease of 13.5 per cent in value as prices dropped.

Tea and coffee are two of major exporting commodities of Central Highlands' agriculture, contributing to enhance living standards for thousands of farmers in the region. However, export markets for these two commdities have yet to be stable, usually fluctuating due to shortfall in strategic development.
In the circumstance that region's agricultural products mostly rely on some familiar market, several enterprises are currently looking for brand new ones. Yet reaching for sustainable output has still been a conundrum. 

With its dependency on imported materials and export markets' stringent norms on the origin and legality of products, Viet Nam's wood processing sector is facing high market risks, said an expert.

Vietnamese wood products have been exported to 120 countries and territories around the world, of which there are three major markets including the US ($744 million), the EU ($500 million) and Japan ($286 million) in 2006.

As Vietnamese animal feed producers are bracing to take back what should have belonged to them, their foreign rivals are trying to hold their ground and will not give up without a fight.

Vietnam's animal feed market size is expected to reach US$10.55 billion by 2022, according to a new report by Grand View Research Inc.

Vietnam National Chemical Group (Vinachem) recently held an inauguration ceremony of Diamon Phosphate (DAP) Fertilizer Production Plant in Lao Cai province.

Associate Professor Tang Thi Chinh from the Vietnam Institute of Environmental Technology has spent 20 years pursuing research on processing domestic waste with useful microorganisms.

Numerous production chains applying advanced technology in the fisheries sector have been established in the central province of Binh Dinh in a bid to realise the agriculture reform policy from 2015-2020.

Viet Nam's fisheries industry should better utilise modern production technologies to improve its competitiveness in the global market, said Minister of Agriculture and Rural Development (MARD) Cao Duc Phat at a conference last Saturday.

More European pork and beef exporters have been licensed by Vietnamese authorities to sell their products in the 90 million-strong market in Vietnam.