Search

Economy

Income of Da Nang’s poor three times higher than VN average

The new standards were approved by the municipal People’s Council on July 9, for the period 2016-2020. The households in rural areas that are considered near-poor are those with average monthly income of over VND1.1 million to VND1.42 million/person and the rates are over VND1.3 million to VND1.69 million/ for urban households. According to the government’s standards to identify poor households in the period 2011-2015, the rural families with average monthly income of VND400,000 or less per person and urban families with earnings of VND500,000/person or less are recognized as poor. The rates for the near-poor households are income of VND401,000 to VND520,000/person/month in the rural area and from VND501,000…

1.73 billion USD spent on livestock feed and material imports

Vietnam splashed out 1.73 billion USD on livestock feed and material imports in the first two quarters of the year, a year-on-year increase of 7.8 percent, according to Ministry of Agriculture and Rural Development. Most of the products were imported from Argentina (36.6 percent), the US (19.2 percent) and China (7.4 percent), the Hanoi Moi newspaper reported. In the period, 329 million USD was spent on importing 1.28 million tonnes of wheat, rising 5.1 percent in value and 31 percent in quantity from the same period last year. Australia and Brazil became Vietnam’s key wheat exporters with a market share of 53.8 percent and 28.5 percent, respectively. The country also…

Japan opens market to Vietnamese mangos

Japanese authorities recently gave the go ahead for importing Vietnamese mangos cultivated in Xuan Loc district in the southern province of Dong Nai. This is a great opportunity for Vietnamese mango growers to increase their consumer market, since previously only white flesh dragon fruit were approved for sale in Japan. Japan is Vietnam’s second largest fruit importer, with a market share of 8 percent, after China. The red flesh dragon fruit is expected to be authorised for export to Japan next. 2015 is a good year for Vietnamese fruit exports so far, particularly lychees, which were licensed for export to the USA, Australia, Japan, France and the Republic of Korea.…

Japan
Vietnam