Economic News

  • In order to improve production efficiency, increase competitiveness with imported grapes, many grape growers in Ninh Thuan province are promoting the cultivation and replication of new, high-quality seedless varieties for market.
  • With the optimistic signal, global cashew prices are expected to recover in the fourth quarter of 2019 thanks to increased demand.
  • Gac fruit - "heaven" is expensive

    Wednesday, November 27, 2019

    “Once considered an unsuitable crop, now every week, my partner in Ho Chi Minh City orders 10 tons of Gac, but I only earn about 2 tons. Many customers drove from Ho Chi Minh City to see if they could break the bargain. When they came to the garden, they saw so many bad fruits that they believed ”- engineer Nguyen Van Viet - an extension officer of Tra Vinh province, told the story of Gac fruit making.
  • People in the mountainous district of Yen Bai plant more than 2,000 hectares of cinnamon exported to the US and EU, each packet of dried cinnamon costs about 6 USD.
  • In the 2018/2019 season, Tien Giang aims to export 300 tons of breast milk to the United States. This is the second year Tien Giang brings goods to the United States. Up to this time of the season, Tien Giang has exported more than 100 tons of breast milk to this market.
  • Nam Roi grapefruit export

    Wednesday, November 20, 2019

    Nam Roi grapefruit growing area in Binh Minh town (Vinh Long) is considered to be the largest grapefruit capital in the Mekong Delta and is busy harvesting for export.
  • Mango has officially become the 6th fresh fruit of Vietnam exported to the US market after lychee, longan, rambutan, breast milk and dragon fruit.
  • While the number one banana supply market for Russia, Ecuador, decreased both in quantity and value, Vietnam's bananas increased strongly by nearly 150%.
  • Each year, a 100-hectare seedless lemon farm owner earns hundreds of billions of dong
  • From early 2019 until now, Dong Thap province has an area of ​​nearly 2,000 hectares of chili growing; in which, in Thanh Binh district accounts for 85% of the area. At the beginning of the year, the price of chili is 20,000-30,000 VND / kg, but by the end of the crop in early June 2019, the price is from 42,000 to 45,000 VND / kg and many garden growers are not enough to supply to dealers.
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