According to the Ministry of Agriculture and Rural Development, in the first quarter of 2019, Vietnam's rice export volume was estimated at 1.43 million tonnes, worth US$ 593 million, down 3.5% in volume and 20.2% in value over the same period in 2018.
Illustrative
image.
The average
export price of rice in the first two months of the year only reached US$404
per tonne, down 17.8% compared to the same period in 2018. Difficulties in
exporting rice in the first quarter have dragged down the price of rice in the
Mekong Delta, especially in February, 2019, when entering the harvest of
winter-spring rice.
Part of the reason for the decline in the volume
of exported rice is due to the fact that the first few months of the year
coincide with the Lunar New Year, plus domestic enterprises have not promoted
delivery and traders who buy rice have not begun to trade yet. On the market
side, in the early months of 2019, some countries still have surplus rice from
2018, so they have no demand for import which in turn makes the market less
active.
In addition, China, one of Vietnam's major rice
import markets for many years, has now reduced their rice purchases, which has
had a relatively large impact. At the same time, measures to closely control
food safety and hygiene for imported rice have been strengthened and there are
more stringent regulations on the supervision and management of imported goods.
Until now, only 21 Vietnamese enterprises are allowed to export rice to the
Chinese market. The reduction of export indications has led to a sharp decline
in rice export volume.
For other traditional markets such as the
Philippines and Indonesia, Vietnam is also facing difficulties in boosting rice
exports to these markets. Specifically, the Philippines is seeking to expand
its rice supply by signing more memorandums of cooperation with Pakistan and
Myanmar. Meanwhile, Indonesia has also restricted imports because the country's
reserved rice is still sufficient until the end of the second quarter of 2019.
Facing the above situation, it is necessary to
strengthen solutions to maintain traditional markets and penetrate new markets.
Specially, it is necessary to pay attention to exporting high quality rice and
specialty rice instead of white rice as before.
In addition, localities need to accelerate the
effective implementation of the restructuring scheme of the rice industry,
because the competition for rice quality is becoming a real "war"
when the rice of some other countries in the region are constantly increasing
competition for Vietnamese rice in terms of quality, value and ways of
promoting their image. Therefore, in addition to improving quality,
strengthening the promotion of rice trade in markets, and the promotion and
image building for Vietnamese rice also are very important, therefore businesses
and authorities should pay greater attention to these requirements. After
building an image of high quality rice seeds with competitive prices, the
export to fastidious markets will certainly become more open, creating new
markets to stabilise the volume and turnover value.
Source: NDO
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.
