Vietnam, Philippines aim for $10 bln trade turnover by 2025

Vietnam, Philippines aim for $10 bln trade turnover by 2025

Vietnam and the Philippines have agreed to work out measures to increase their mutual trade to $10 billion by 2025 as the two countries seek to strengthen bilateral ties with the visit of Philippine President Ferdinand Romualdez Marcos Jr.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam agribusiness Loc Troi signs MoUs to produce five mln tons of rice per year

Vietnam agribusiness Loc Troi signs MoUs to produce five mln tons of rice per year

Major Vietnamese rice conglomerate Loc Troi Group JSC (LTG) and its members signed memoranda of understanding (MoUs) with representatives of provinces and domestic and foreign partners to produce and supply nearly five million tons of rice per year from 2024 during the Loc Troi Customer Festival 2023 on Tuesday.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam, Philippines push to seal deal on rice trade

Vietnam, Philippines push to seal deal on rice trade

Vietnamese Prime Minister Pham Minh Chinh and Philippine President Ferdinand Romualdez Marcos Jr. have designated relevant ministries and branches of the two nations to support the signing of an intergovernmental agreement on rice trade cooperation.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Time to reaffirm Vietnamese rice's stability and long-term viability: Loc Troi Group CEO

Time to reaffirm Vietnamese rice's stability and long-term viability: Loc Troi Group CEO

Vietnam has the potential to sell more rice and reaffirm the stability and long-term viability of the staple, said Nguyen Duy Thuan, CEO of Loc Troi Group JSC - a leading agricultural services and food corporation in the country.

Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7

Philippines negotiates to buy more Vietnamese rice, boost buffers

Philippines negotiates to buy more Vietnamese rice, boost buffers

The Philippines is in talks to import more rice from Vietnam as it seeks to boost its buffer stock and lower domestic prices, a Philippine official says.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Rice exports set to simmer despite rising prices: industry CEO

Rice exports set to simmer despite rising prices: industry CEO

Vietnamese farmers and businesses are unlikely to reap the rewards of increasing export volumes and prices due to the adverse effects of climate change, which has resulted in saltwater intrusion and water shortages, said Pham Thai Binh, CEO of Trung An High-Tech Agriculture JSC.

Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese rice firms report profit declines in 2022 despite record-breaking exports

Vietnamese rice firms report profit declines in 2022 despite record-breaking exports

Although export turnover broke a record, many Vietnamese rice exporters saw their profits decline last year due to high costs.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7