Ca Mau expands use of advanced farming techniques Business

Ca Mau expands use of advanced farming techniques

The Mekong Delta province of Ca Mau has developed more clean farming models for shrimp and rice that meet Vietnamese good agricultural practices (VietGAP) standards and organic standards to meet the rising demand for them, especially in export markets.
Firms need solid strategies to boost exports to Thailand Business

Firms need solid strategies to boost exports to Thailand

Thailand is one of the markets with most potential for Vietnam within the Association of Southeast Asian Nations (ASEAN), yet businesses need to adopt appropriate strategies to boost exports to the market, experts said at a conference in Ho Chi Minh City on May 7.
Dong Thap farmer profits from thinking big Business

Dong Thap farmer profits from thinking big

Nguyen Van Khanh, 47, earns 3-4 billion VND (132,000-176,000 USD) a year from re-producing an exciting type of rice from Japan known as ĐS1. To do it, he had to acquire land from relatives and friends so that he can use mechanised farm equipment to handle the large cultivation area.
Work starts on Hanoi's Ring Road 3 extension Society

Work starts on Hanoi's Ring Road 3 extension

Construction work on extending Ring Road 3, the lifeline of Hanoi, started this morning. The project is estimated to cost more than 3.1 trillion VND (137.8 million USD) from the city’s budget.
Business

Farming sector must focus on local market

Agricultural processors should develop their local distribution systems and not just focus on exports if they wish to develop sustainably, said an official at the Ministry of Industry and Trade (MoIT).

Ho Thi Kim Thoa, deputy minister of industry and trade, said the domestic market for farming goods and services in 2011 showed a year-on-year increase of 24.3 percent and reached 2,004 trillion VND (95.4 million USD).

She said that if processors only focused on exports and did not expand their share of the local market they will be vulnerable to global downturns. Meanwhile, she said, foreign firms have expanded their market share in Vietnam .