A special flight delivers 98 tons of Vietnamese agricultural products to a world-renowned retail chain.
The retail group that owns the popular LuLu Hypermarket chain has chartered a second flight carrying 98 tons of Vietnamese agricultural products to the UAE for sale. According to information from the Department of Foreign Market Development, Ministry of Industry and Trade, following instructions from Mr. M.A. Yusuff Ali – Chairman and CEO of LuLu […]
First shipment of green-skinned pomelos officially exported to Australia
The first shipment of Vietnamese green-skinned pomelos was officially exported to Australia this morning after two years of negotiations, marking the conquest of the fourth demanding market for this product. On April 13th, in Vinh Long (formerly Ben Tre province) and Dong Thap province, relevant parties announced the export of the first batches of pomelos […]
[Market News] Chili exports earned nearly 18 million USD, an increase of 31.7%
Chili is a familiar fruit to Vietnamese consumers. Farmers consider the chili plant to be a “profitable” plant because chili peppers have short-term growth characteristics, can be intercropped with fruit trees and do not require much care, so they are suitable for the farming conditions of farmers across the country. Normally, chili plants will be […]
[Market News] India and Vietnam could lead Asia’s coffee consumption growth
According to Nikkei Asia, India and Vietnam will lead coffee consumption growth in Asian markets over the next few years. This is an area where industry experts predict fierce competition will force chains to innovate to survive. Nathanael Lim, beverage expert at Euromonitor Asia, said coffee drinking habits were correlated with discretionary income and urbanization. […]
[Market news] Vietnam is the largest banana supplier to the Chinese market
According to the China Customs Service, China’s banana imports in the first half of 2024 amounted to 957,000 tons and US$486 million, a decrease of 4.6% in quantity and 22.9% in value compared to the same period last year. In particular, China increased banana imports from the markets of Vietnam, Ecuador, Laos, Mexico, and Thailand, […]
[Market News] Tea ranks top 5 in the world, earning nearly 30 million USD in 2 months
In the first 2 months of the year, cassava exports earned 300 million USD According to preliminary statistics from the General Department of Customs, export of cassava and cassava products in February earned more than 96 million USD with 217,037 tons, down 48.7% in volume and down 50.8% in value compared to January. Accumulated in the first […]
[Market News] Vietnam – Korea cooperate to invest and improve the agricultural value chain
According to Minister of Agriculture and Rural Development Le Minh Hoan, Vietnam and Korea both have potential and advantages for agricultural development cooperation. Korea is a country with modern agriculture and rich crop varieties. Vietnam is one of the world’s leading exporters of agricultural products with many outstanding products such as rice, vegetables and fruits, […]
[Market News] Tightening supply, export coffee prices fluctuate
Closing the trading session on April 4, world coffee prices moved in opposite directions, with Arabica coffee rising to the highest level in 6 months, while Robusta coffee prices turned down due to profit-taking activities after Robusta coffee inventories increased. Specifically, on ICE Futures Europe, the price of coffee delivered in May 2024 decreased by […]
[Market News] Why have prices of many exported agricultural products increased to record levels?
Many types of Vietnamese exported fruits have recently increased in price sharply. According to records, durian is the fruit with the highest price increase. Currently, each kilogram of Monthong type A durian costs 218,000-230,000 VND per kg, type B costs 195,000-200,000 VND, and type C is over 100,000 VND per kg. This price increased by […]
[Market News] Surpassing Thailand and India, Vietnam becomes the largest rice exporter to Singapore
The above information was recently announced by the Singapore Business Administration. Accordingly, in the first quarter, Singapore’s total value of rice imports from the world reached nearly 112.9 million SGD, up 23.86% over the same period last year. Of which, Singapore imported 36.15 million SGD from Vietnam, an increase of 80.46% over the same period […]