Thursday, October 27 2016


Production glut triggers pepper price fall

Update: April, 21/2015 - 08:34
Viet Nam has the highest pepper productivity in the world, with 2.16 tonnes of dried pepper per hectare, the Central Highland Forestry and Agriculture Science and Technology Institute has reported.

The country has 76,000 hectares under pepper cultivation, with total volume of 146,000 tonnes, an increase of 36,000 tonnes compared with 2011.

Viet Nam has 30 per cent of the global quantity and 50 per cent of market share of the world pepper market. However, because of over cultivation, Vietnamese pepper has fallen in price.

Nhan Dan (The People)

Electronic waste collected for gift exchange

The eighth HCM City Waste Recycling Festival was organised at weekend. For the first time ever, electronic waste was collected for gift exchange. Old computers, printers, cameras and CD players were all collected. The festival's aim was to educate the public about harmful waste, which is sometimes buried together with normal waste, causing unexpected consequences.

Nguoi Lao Dong (The Labourer)

VN exports $7.15b in goods to the US in Q1

The US continued to be the biggest market for Vietnamese exports with US$7.15 billion in the first quarter this year, an increase of 17 per cent compared with the same period last year, the General Department of Customs reported.

Viet Nam also exported $6.9 billion to the EU, an increase of 14.2 per cent.

Meanwhile, China was the biggest exporter to Viet Nam, with nearly $11.5 billion, an increase of 30 per cent year-on-year, followed by South Korea with $5.56 billion, an increase of 18 per cent.

Within the first three months, the country had a trade surplus of $5.3 billion with the US and $4.7 billion with the EU. But there was a trade deficit of $7.9 billion with China and $4.8 billion with South Korea.

Thanh Nien (Young People)

SBV expands housing loan programme

The State Bank of Viet Nam (SBV) has accepted four more banks in the housing support loan programme, including Asia Commercial Bank, Viet Nam International Bank, VietBank and LienViet – Post Bank.

The expansion aims to promote disbursement of the Government's VND30 trillion (US$1.4 billion) loan for the real estate market. The loan programme has only disbursed 21 per cent, or VND6.3 trillion, of the total package.

Tuoi Tre (Youth)

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