Economy

The gold demand in Vietnam slumped significantly in the third quarter of this year as the sharp price rises deterred fresh buying, while the world’s total gold demand touched record high.

For many years, the output problem for agricultural products has always been a concern for farmers. Since agricultural products were put on e-commerce platforms, this problem has gradually been solved.

On November 1, the People's Committee of Long An province held a scientific conference on building mechanisms and policies to attract containers to ports in the province.

Vietnam recorded a 24% year-on-year increase in exports to the US in the second quarter, ranking second in the ASEAN region after the Philippines, which saw a 35% rise.

Vietnam continues to assert its dominance as the top rice exporter to the Philippines, with 2.91 million tonnes shipped as of the late October, or over 79% of the Philippines' total rice imports.

Vietnam’s agro-forestry-aquatic product exports are likely to achieve a record high of 62 billion USD in 2024, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.

Sa Dec city in the Mekong Delta province of Dong Thap has planted over 100 ha of various flowers to serve demand of customers during Lunar New Year Festival (Tet) 2025.

With swift production recovery and continued growth, Vietnam's agricultural sector could potentially surpass the 60 billion USD export target, according to the Ministry of Agriculture and Rural Development (MARD).

Currently, the number and types of machines and equipment serving rice production are increasing rapidly, becoming more and more diverse and modern.

According to Long An Department of Agriculture and Rural Development, the province participates in the exhibition program of OCOP export products in Hung Yen province from October 31 to November 4, 2024.

In recent times, trade activities connecting supply and demand of safe agricultural products have been deployed and implemented effectively by departments, branches of Long An province and localities, enterprises, etc.

Although there are many opportunities to participate in the global value chain, the reality is that too few Vietnamese companies have taken advantage of this opportunity.