Rice, Fishery exports increase in first months: Ministry

The Ministry of Agriculture and Rural Development said that the volume of polished rice and fishery export increased in the first three months.

In the first quarter of 2016, total amount of polished rice export is 1.59 million tons worth US$692 million, an increase of 41.6 percent in the volume and by 40.8 percent in the value compared to last year.

The price of polished rice export reaches US$433 per tons, down by 5.78 percent compared to last year. Indonesia is becoming Vietnam’s biggest market for export of rice with 31.42 percent, followed by China with 17.15 percent and the Phillipines with 13.75 percent.

In two first month of the year, Vietnam has export total volume of 160.69 million tons of polished rice to the two markets collecting US$ US$71.5 million tons, an increase of 39.3 percent in the volume and 53.6 percent in value compared to the last year.

Meantime, the value of fishery export in the first quarter reached US$1.36 billion, 1.7 percent higher than over the same period last year. The US, Japan, China and South Korea are the four biggest market for Vietnam’s fishery export. The tra fish (also known as pangasius) and tiger shrimp prices in the Mekong delta increase because of unfavorable weather influencing to farming.

By Phan Thi - Translated by Anh Quan

Other news

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market