Economy

Since implementation, the pilot project to build fruit tree material areas in Dong Thap Muoi region initially helps improve product quality and value, bringing high economic efficiency to farmers.

After reaching all-time high of over 130,000 VND (5.1 USD) per kg, domestic coffee prices have dropped sharply in recent days.

Textile and garment businesses face difficulties due to lack of domestic supply

The prices of Vietnamese rice in the international market rose by 3-8 USD per tonne last week, helping Vietnam return to the top position in export rice prices, according to the Vietnam Food Association (VFA).

Cooperatives have been advised to focus on branding and improving product quality to expand tea exports to highly-demanding markets, especially organic tea products.

The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) said it gained nearly 8.5 trillion VND (2.24 billion USD) in revenue in the first four months of this year, a year-on-year increase of 4%.

The import of Vietnamese fresh pomelo into the Australian market may be allowed if the product meets the Oceanian country's biosecurity conditions.

Vietnam’s rice output is expected to reach 43 million tonnes in 2024, which is able to ensure domestic consumption and export demand of more than 8 million tonnes.

The Government has proposed extending the cut in value-added tax (VAT) from 10% to 8% on specific groups of goods and services from July 1 until the end of the year to support business and production activities.

Vietnam targets cassava exports at around 1.8 - 2 billion USD by 2030 under a project on sustainably developing the product approved recently by the Ministry of Agriculture and Rural Development.

Developing high-tech agriculture associated with restructuring the agricultural sector is one of three breakthrough programs proposed by the 10th and 11th Long An Provincial Party Congresses.

Digital transformation is considered a “key” to help Vietnamese garment and textile enterprises expand while meeting sustainable development, heard a recent conference held in Ho Cho Minh City.