Long An: Rice production sees new high record
The southern province of Long An has so far this year reaped over 2.8
million tonnes of paddy rice, up by 150,000 tonnes from last year’s
figure, a record hike due to the province’s usage of quality and
high-yield rice varieties.
The southern province of Long An has so far this year reaped over 2.8
million tonnes of paddy rice, up by 150,000 tonnes from last year’s
figure, a record hike due to the province’s usage of quality and
high-yield rice varieties.
The bumper crop results from that Long An has planned zones growing high-quality rice varieties and large-scale areas covering 9,000 hectares in Tan Hung, Vinh Hung, Moc Hoa, Tan Thanh and Thanh Hoa districts while expanding areas for three-crop rice cultivation to nearly 23,000 ha.
The province’s agricultural sector also encouraged local farmers to cultivate high-yield and quality rice seeds to increase rice production for export.
In addition, the sector has invested more than 80 billion VND (3.76 million USD) in combination with contributions made by local people to upgrade over 100 irrigation works to ensure sufficient agricultural water supply and the building of dykes to protect rice fields as well.
The province has directed Long An Food Company, rice export and processing enterprises and around 5,000 rice-husking businesses to purchase and process rice for export, which helps local farmers gain profits ranging from 25-35 million VND (1,250-1,750 USD) per hectare.-VNA
The bumper crop results from that Long An has planned zones growing high-quality rice varieties and large-scale areas covering 9,000 hectares in Tan Hung, Vinh Hung, Moc Hoa, Tan Thanh and Thanh Hoa districts while expanding areas for three-crop rice cultivation to nearly 23,000 ha.
The province’s agricultural sector also encouraged local farmers to cultivate high-yield and quality rice seeds to increase rice production for export.
In addition, the sector has invested more than 80 billion VND (3.76 million USD) in combination with contributions made by local people to upgrade over 100 irrigation works to ensure sufficient agricultural water supply and the building of dykes to protect rice fields as well.
The province has directed Long An Food Company, rice export and processing enterprises and around 5,000 rice-husking businesses to purchase and process rice for export, which helps local farmers gain profits ranging from 25-35 million VND (1,250-1,750 USD) per hectare.-VNA
You should also see
Visitors flock to memorial commemorating Dien Bien Phu victory
Numerous groups from around the country have visited the Dien Bien Phu Historical Victory Museum, a repository of artefacts and documents about Vietnam’s resounding victory that echoed around the world.
See more
Business
SBV takes more actions to stabilise foreign exchange rates
The State Bank of Vietnam (SBV) on April 23 took some moves like issuing treasury bills (T-bills), further employing T-bills as an open market operation (OMO), and stipulating liquidity and interest rates in the inter-bank market in the face of surging USD/VND exchange rates.
Business
Businesses concerned about rising exchange rate pressure
Though the State Bank of Vietnam (SBV) has announced it is selling the US dollar to intervene in the USD/VND exchange rate since April 19, the greenback price has remained high, which has been directly affecting many domestic enterprises.
Business
Pepper prices continue increase trend
Pepper prices are forecast to soon exceed 100,000 VND per kilo on the domestic market.
Business
French auction house to open office in Vietnam
France’s Millon Auction House has decided to open its representative office in Vietnam, and is preparing necessary steps for the official opening of the office in the near future.
Business
3,400 taels of SJC-branded gold bars successfully auctioned
The State Bank of Vietnam auctioned 16,800 taels of SJC-branded gold bars in Hanoi on April 23. This is the first auction of this kind in 11 years.
