Vietnam’s rice output topped 43.86 million tonnes in 2021, up 1.1 million tonnes year-on-year, according to the Ministry of Agriculture and Rural Development.
The Consumer Price Index (CPI) in October was down by 0.2 percent compared to September but rose by 1.81 percent compared to the same period last year, according to the General Statistics Office (GSO).
Vietnam is expected to achieve its export target of 6.3 million tonnes of rice worth 3.2 billion USD this year due to high global demand and an increase in export prices.
Vietnam raked in 22.83 billion USD from exporting agro-forestry-aquatic products in the first five months of 2021, representing a year-on-year increase of 30.3 percent, reported the Ministry of Agriculture and Rural Development.
Vietnam exported 638,000 tonnes of rice worth 352 million USD in the first two months of 2021, down 31.4 percent in volume and 18.3 percent in value year-on-year.
Vietnam gained growth in the export of cassava chips and cassava-made products in 2020 despite the COVID-19 pandemic, according to the Department of Agricultural Product Processing and Market Development.
Vietnam exported 3.9 million tonnes of rice, earning 1.9 billion USD, in the first seven months of this year, according to the Department of Agro Processing and Market Development under the Ministry of Agriculture and Rural Development.
Higher rice supply in the domestic market has made the export price of Vietnam’s broken rice drop to 450 USD per tonne on June 19, the lowest level in the past two months.
Vietnam achieved cassava export growth in both volume and value in the first quarter of this year despite experiencing difficulties, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam exported more than 1.8 million tonnes of coffee worth some 3.54 billion USD in 2018, year-on-year rises of 20 percent and 1.2 percent respectively.
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.
The average export price of Vietnamese rubber fell in tandem with the global price, affected by the escalating US-China trade war, according to the Agro Processing and Market Development Authority (AgroTrade) under the Ministry of Agriculture and Rural Development.
Vietnam’s rice export has posted remarkable figures in the first half of 2018, and the sector expects business to get better as the country’s traditional rice market are increasing import.
Vietnam raked in 138.8 million USD from exporting nearly 36,000 tonnes of pepper in the first two months of 2018, posting a year-on-year increase of 127 percent in volume and 23.7 percent in turnover.
Export turnover of agro-forestry-aquatic products in January 2018 was estimated at 3.09 billion USD, up 25.9 percent against the same period last year.
Australia has decided to impose anti-dumping duties on zinc-coated steel imports from Vietnam, India and Malaysia, according to the Vietnam Trade Office in Australia.
Reducing the export tax on raw iron ore is unreasonable and will discourage investments in ore sorting technology, the Ministry of Finance (MoF) has concluded.