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Economic news
June rice price is forecasted to increase slightly
The price management department predicts that in the coming time, the supply of rice will continue to be supplemented from the summer-autumn crop, while the demand for rice will increase…
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Economic news
Exporting rice is harder and harder
The Vietnam Food Association (VFA) does not allow traders to export rice to some markets … On 6/6/2017, the Vietnam Food Association (VFA) issued Official Letter No. 164 / CV…
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Economic news
Asian rice as of June 8th: Thailand’s highest rice price for 4 years due to strong demand
Thai rice prices soared to record highs for four years while Vietnam rice was also the highest in more than two years on strong demand from major importers. Thai 5%…
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Economic news
EU lowered forecast of cereal production due to drought in Spain
The European Commission reduced its estimate of European cereal production for the forthcoming 2017/18 season, leading to the expected reduction in barley production after the drought in Spain. Extreme aridity…
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Economic news
World tea prices can almost double as disasters cause crop failure
Tea prices have increased rapidly due to drought in India and Kenya, and floods in Sri Lanka. Experts predict tea prices will increase further from now until the end of…
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Economic news
Pepper prices are the lowest in the past six years
According to the Ministry of Agriculture and Rural Development, in the downward trend of the world market, in May 2017 pepper prices in Vietnam are also falling sharply in the…
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Economic news
Cashew exports to the EU towards $ 1 billion
In the context of many difficulties due to reduced domestic raw materials, in 2017, the industry strives to export $ 3.3 billion, of which the kernel is $ 3 billion.…
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Economic news
The highest rice export price in nearly 3 years
In the past few weeks, rice export prices have increased steadily and are now at their highest level since late 2014. Many countries in the region are returning to import…
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Economic news
The village of coconut fiber
Previously, the craft village of Khanh Thanh Tan (Mo Cay Bac, Ben Tre) was in difficulty due to not being found in 2008 by the Vietnam Handicraft Association. Get the…
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Economic news
Blockchain gradually became a major tool in the battle of food safety
Blockchain, the underlying technology behind bitcoin coins, is becoming a digital system for identifying food safety and commodity origin. According to the Japan Times, the food industry is turning to…
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