Cassava processors are facing difficulties due to a raw material shortage and, especially, tightening of overland imports and erection of barriers to imports of farm produce by China, their largest export market.
The Department of Crop Production under the Ministry of Agriculture and Rural Development (MARD) has set the goals of 1.7 percent production growth and 21 billion USD in export revenue for the cultivation sector in 2019.
Vietnam’s agro-forestry export revenue is estimated to reach 40 billion USD in 2018, but contributions from products of industrial plants have stayed modest.
Vietnam’s exports of cassava and products made from cassava to the Republic of Korea (RoK) hit nearly 82,000 tonnes worth 24 million USD in the first 10 months of 2018, up 18.9 percent in volume and 52.6 percent in value against the same period last year.
Cassava exports in the first seven months of the year reached 1.6 million tonnes with a value of 580 million USD, a year-on-year decline of 24 percent in volume but a surge of 12.5 percent in value, according to the Ministry of Agriculture and Rural Development.
Foreign businesses have agreed to purchase nearly 1.5 million tonnes of Thai tapioca products at the World Tapioca Conference 2018 recently organised in Bangkok.
The total export value of agro-forestry-fishery products in the first five months of the year reached 15.6 billion USD, a year-on-year surge of 9.9 percent, according to the Ministry of Agriculture and Rural Development.
The Commerce Ministry of Thailand plans to prevent cassava prices from falling sharply during the harvest season this year, when millions of tonnes of cassava are expected to flood the market.
The Ministry of Finance (MoF) has turned down proposals by the Vietnam Cassava Association (VCA) for preferential policies similar to those for rice and sugar to ensure its sustainable development.
Singsong Industrial (Cambodia) Co., Ltd., newly established by Singsong Industrial Co., Ltd. of the Republic of Korea, is planning to invest in the construction of a cassava processing factory in the northeastern province of Kratie, reported the Cambodian News Agency (AKP).
Agro-forestry-fishery exports were estimated to reach 2.69 billion USD in November, pushing total figure so far this year to 29.1 billion USD, a rise of 5.9 percent over the same period last year.
Exports of cassava and cassava-based products have declined significantly this year, according to the Ministry of Agriculture and Rural Development (MARD).
Businesses in the northern province of Hoa Binh have received administrative punishments for polluting the Buoi River under a decision issued by the Ministry of Natural Resources and Environment.
Vietnamese farmers will have the chance to access advanced technologies in cassava pest management and disease-free cassava cultivation through a Japanese supported project.
The export tax for sliced cassava was reduced from 5 percent to zero last weekend after the Finance Ministry released Circular No. 141 on revising the tax.
Expanding cassava cultivation will increase jobs and generate higher
incomes for farmers, thus contributing to socio-economic development,
the Minister of Agriculture and Rural Development, Cao Duc Phat, said.
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