Vietnamese longan is in high demand at Thai supermarkets, selling for up to 230,000 VND/kg
On August 18, 2023, consumers visiting and shopping at Tops supermarket (located in Centralworld Shopping Center (Bangkok, Thailand) , can buy imported longan from Vietnam - longan according to Global GAP standards, harvested in growing areas with qualified codes eligible for export to the Thai market.
This is the result of many efforts by Central Retail Vietnam and its partners in promoting the export of Vietnamese longan fruit to the Thai market through modern retail channels.
With an attractive promotional price of 259 Baht/500g, reduced to only 169 Baht/500g (about 230,000 VND/kg), it is expected that about 2.3 tons of longan from the Mekong Delta region of Vietnam will be consumed on the Tops retail system of Central Retail Thailand on this occasion.
Mr. Paul Le - Vice President of Central Retail Group in Vietnam - said that currently, Vietnamese longan is in season. Last year, Central Retail Vietnam tested exporting nearly 1 ton of longan to Thailand, and we found that Thai consumers really like this product. This is also the reason why this year our longan exports to Thailand increased by 140% compared to last year. We are also making efforts to be able to export Vietnamese longan to Thailand to grow steadily every year.
Previously, in mid-July this year, Central Retail Vietnam cooperated with partners to officially export 3 tons of Luc Ngan lychee, Bac Giang to the Thai market.
Vietnamese lychees have been displayed attractively on the shelves of the Tops supermarket chain and Central Food Hall (a food retail chain of the Central Group) for sale to consumers in Bangkok. The selling price of Vietnamese lychees in Thailand is 259 baht/box, equivalent to 173,000 VND/kg.
The fact that Central Retail has cooperated with its partners to continuously successfully export lychees and longans to Thailand shows that this market has a lot of potential and many opportunities for Vietnamese enterprises to seek cooperation and business opportunities.
Ministry of Industry and Trade deploys series of solutions to manage rice export
According to the Import-Export Department (Ministry of Industry and Trade), the global food trade situation has recently been complicated and unpredictable due to the impact of many factors such as the ban on rice exports in some countries (India, UAE, Russia); the El Nino phenomenon has negatively affected food and grain production in many regions; geopolitical developments are also complicated (Russia announced its withdrawal from the Black Sea grain agreement)...
This has strongly impacted the global rice supply, raising concerns about world food security issues as well as affecting the economic recovery trend of many countries when inflation has not improved.
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| In the context of many fluctuations in the world food situation, the Ministry of Industry and Trade has implemented a series of solutions to manage rice exports. (Source: Lao Dong Newspaper) |
As the unit responsible for state management of rice trade, in the context of unpredictable developments in the global market, at the same time, implementing the direction of the Prime Minister in Official Dispatch No. 610/CD-TTg dated July 3, 2023 on strengthening the implementation of tasks and solutions to promote rice production and export and Directive No. 24/CT-TTg dated August 5, 2023 of the Prime Minister on firmly ensuring national food security and promoting sustainable rice production and export in the current period, the Ministry of Industry and Trade has issued a document requesting the Vietnam Food Association and traders to strictly implement the provisions of Decree 107/2018/ND-CP.
In particular, regularly maintain the minimum circulating reserve level, ensure the balance between export and domestic consumption, contribute to stabilizing the price of paddy and rice in the domestic market, and report on the situation of paddy and rice inventory, the situation of signing and implementing export contracts according to current regulations. At the same time, proactively follow the global trade market situation to organize appropriate production and negotiation plans, ensuring export efficiency.
In order to ensure close coordination between ministries, sectors, localities, Food Associations and traders, the Ministry of Industry and Trade chaired and coordinated with the Ministry of Agriculture and Rural Development and Can Tho City to organize a conference on rice export management on August 4. On that basis, they agreed to drastically implement a group of solutions to ensure supply, stabilize domestic food prices and facilitate and limit risks for rice export business activities in the last months of the year.
In order to balance supply and demand, stabilize prices, and ensure domestic food security, the Ministry of Industry and Trade has issued a document requesting local People's Committees to fulfill the responsibilities prescribed in Decree No. 107/2018/ND-CP.
Accordingly, the Department of Industry and Trade is directed to urge businesses participating in the Market Stabilization Program in the area to have a plan for rice and paddy sources to ensure supply to the market from now until the end of the year. It is directed to rice exporting businesses in the area to maintain the amount of rice and paddy reserves for market stabilization according to regulations to be ready to supply the market when necessary.
In addition, direct market management forces to strengthen coordination with local authorities to closely monitor the situation, inspect and supervise the production, circulation and consumption of rice in the area and the maintenance of minimum circulation reserves of rice export traders according to regulations; strictly handle cases of speculation, illegal profiteering, pushing up rice prices unreasonably high, causing instability in the domestic market.
To continue implementing the tasks assigned in Official Dispatch No. 610/CD-TTg and Directive No. 24/CT-TTg of the Prime Minister on ensuring national food security and promoting sustainable rice production and export in the current period, the Minister of Industry and Trade issued Directive No. 07/CT-BCT dated August 15, 2023 on strengthening market information, trade promotion, developing rice export markets and stabilizing the domestic market in the current period. Accordingly, the tasks were assigned to functional units under the Ministry of Industry and Trade, local Departments of Industry and Trade, the Vietnam Food Association and traders to focus on implementing groups of solutions.
Specifically, regarding institutional improvement, urgently review and complete the Decree amending and supplementing Decree No. 107/2018/ND-CP of the Government on export business to complete the legal corridor for the rice export mechanism, creating a transparent, fair and favorable business environment for rice exporters.
Regarding market research, information and development, continue to closely monitor the world rice trade market situation, the movements of major producing and exporting countries and promptly inform ministries, branches, Vietnam Food Association, and rice export traders to proactively regulate rice production, business and export activities, ensuring suitability and efficiency.
At the same time, preside over and coordinate with relevant agencies to implement programs, trade activities, product promotion, rice trade promotion in line with the new situation to increase the value of Vietnamese rice products. Coordinate with the Ministry of Foreign Affairs and the Ministry of Agriculture and Rural Development to exploit the preferential mechanisms of the FTAs of which our country is a member to proactively negotiate with partners to diversify export markets, capture new and potential markets and enhance the competitiveness of the Vietnamese rice industry.
In addition, guide and support rice traders and exporters to improve production and business capacity; the ability to negotiate, sign, and perform export contracts and effectively handle international trade disputes.
At the same time, continue to promote trade promotion activities, flexibly and effectively combine traditional and online trade forms to promote rice trade cooperation with traditional markets (such as the Philippines, Indonesia, Africa, China) and exploit niche markets with fragrant rice and high-quality rice that we have penetrated in recent years (such as the EU, Korea, the United States, North America, etc.).
The Ministry of Industry and Trade is coordinating with the Vietnam Food Association to strengthen propaganda to raise traders' awareness of the regulations of multilateral and bilateral cooperation mechanisms that our country has signed to make the most of the tariff quotas for Vietnam.
Regarding inspection and supervision, the Ministry of Industry and Trade has been and will continue to preside over and coordinate with ministries, branches, localities and the Vietnam Food Association to inspect the implementation of the law on rice export business according to the provisions of Decree No. 107/2018/ND-CP dated August 15, 2018 of the Government on rice export business.
The Ministry of Industry and Trade also directed local market management forces to strengthen coordination with local authorities to closely monitor rice prices, inspect and control business establishments, wholesale and retail outlets, markets, supermarkets, shopping malls, and warehouses to control supply sources and prices, and prevent violations of price listing, speculation, hoarding, and unreasonable pricing of rice. Strengthen inspection and prevention of the transportation and trading of rice of unknown origin. Strictly handle organizations and individuals who violate the law.
Currently, the Ministry of Industry and Trade is continuing to closely coordinate with ministries, branches and localities to closely monitor the market situation, promptly grasp the difficulties and problems of rice production and export enterprises to coordinate and propose solutions to remove difficulties and facilitate rice export activities from now until the end of the year.
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| Dragon fruit is the second agricultural product in Vietnam to apply the carbon traceability system. (Source: Industry and Trade Newspaper) |
Binh Thuan dragon fruit has more competitive advantages
After shrimp, dragon fruit is the second agricultural product of Vietnam to apply the carbon traceability system and this will be a competitive advantage when exporting.
The electronic traceability system tracks the origin and carbon footprint of Binh Thuan dragon fruit, helping consumers know the carbon emissions in each stage of production.
This system, which is being piloted by the Ministry of Agriculture and Rural Development and the United Nations Development Program (UNDP) on dragon fruit grown in Binh Thuan, was first introduced at the Digital Transformation Conference towards Green Agriculture and Sustainable Development, held on August 17 in Hanoi.
This system helps domestic consumers and importers when buying dragon fruit grown in Binh Thuan to scan the QR code to trace the origin to know the amount of carbon in each production stage, and know the level of "green" or environmentally friendly practices of this fruit.
In this system, smart devices installed in the garden will automatically measure carbon emissions and update them to the network, allowing real-time monitoring and statistics of carbon footprints.
In particular, this technology also analyzes to provide solutions to reduce carbon emissions in production. Specifically, if the garden switches from using compact bulbs to LED lighting, it will help reduce up to 68% of emissions from electricity use.
In addition, intercropping woody plants on embankments, borders, and open spaces in the garden will help absorb a significant amount of carbon emitted by dragon fruit trees. It is estimated that if the garden plants 100-300 woody plants/ha, it will absorb 0.9-2.8 tons of CO2 /ha/year, equivalent to a 20-45% reduction in emissions.
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