The Thai Rice Exporters Association on July 22 predicted that the country’s 2020 rice exports will drop to 6.5 million tonnes, the lowest volume in two decades, owing to drought and a strong baht currency.
The domestic sugar industry should restructure all stages of its production process towards diversifying products to improve competitiveness, according to the Ministry of Agriculture and Rural Development (MARD).
Dried fish making villages in the Mekong Delta are entering their peak production season ahead of Tet (Lunar New Year), which falls on February 5 this year.
Vietnam's paper industry has been facing difficulties in production due to the high cost of imported raw materials, though production has been stable since the start of this year.
Bac Lieu province, the largest salt producer in the Mekong Delta, plans
to increase the production of so-called clean salt to help farmers get
more profits.
The national rubber industry is upbeat
about export prospects in coming years, but experts are calling for a
strategy to reduce over-reliance on a single market in the long run.