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Commercial rice volume surges, price volatility predicted

Commercial rice volume surges, price volatility predicted

HANOI – This year’s winter-spring crop in the Mekong Delta will be a bumper one, yielding about 10.5 million tons of paddy (unhusked rice), including some four million tons of commercial rice, which may pull down the price, the agriculture ministry said.

Steel association remain confident about growth

Steel association remain confident about growth

The Vietnam Steel Association and major industry players insisted on the growth target of 3 percent - 4 percent this year despite the suggestion from several steelmakers to lower the figure.

Seafood exporters fettered by capital shortage

Seafood exporters fettered by capital shortage

Seafood processors say they may not meet the target of earning US$6.5 billion in export turnover this year because they lack capital to buy materials for production

Coal industry eyes overseas mines

Coal industry eyes overseas mines

With the demand for imported coal soaring in order to meet domestic demand , by 2015 Vietnam is likely to have to purchase overseas coalmines to supply the country

Lack of funds menaces seafood export target

HCMC – The target of earning US$6.5 billion in seafood export turnover this year seems unobtainable as seafood firms are facing a lack of materials for production as a result of funding sources being choked off, processors said.

Coal supplier to propose higher prices

Coal supplier to propose higher prices

Vietnam Coal and Mineral Industry Group set to increase coal prices to offset rising costs

Tra fish shipments expected to be higher

Tra fish shipments expected to be higher

Despite difficulties in local and global markets, the agriculture ministry expects tra fish exports to reach $2 billion in 2012, or $200 million higher than last year

Ample urea supply ensured from March

HCMC – The local fertilizer supply in end-March will surely satisfy the strong demand thanks to the operation of the newly-completed Ninh Binh fertilizer plant, said the Ministry of Industry and Trade.

Vinacomin wants better price of coal for power plants

HCMC – Vietnam Coal and Mineral Industry Group, or Vinacomin, will propose hiking coal prices for the power industry as the prices of coal sold to power plants is now equal to only 60-70% of the production cost.

Rice importers return to survey prices

HCMC – Local rice exporters said importers have returned to Vietnam after the Lunar New Year holiday break to survey local rice prices instead of signing new contracts.

From Travel

New luxury bus to service City- Phnom Penh

HCM City — An extravagance bus service between HCM City and Phnom Penh has began in HCM City like a private-public co-operation effort to possess more Vietnamese vacationers visit Cambodia.The service was released on Friday through the Cambodian Tourism Ministry and NagaWorld Group."This really is yet another effort to bolster the great relationship between Viet Nam and Cambodia in tourism sector," stated Thong Khon, Cambodia's Tourism Minister.By opening an agent office in HCM City along with a number of

Beaches, wildlife draw vacationers to central coast

Beaches, wildlife draw vacationers to central coast

by Hoai Nam Rooted in character: Wildlife viewers and outdoorsmen could be satisfied with a half-day tour within the Boy Tra Reserve. — VNA/VNS Photo Van Boy