Mekong Delta farmers well profit from summer autumn rice

Farmers earn a profit of VND10-15 million (US$459-688) per hectare of summer autumn rice crop which is amid peak harvest time in the Mekong Delta.

Farmers harvest rice in Thoi Lai district, Can Tho (Photo: SGGP)

On Sunday, traders paid VND4,100-4,200 a kilogram of fresh normal rice and VND4,400-4,600 a kilogram of fresh long grain variety in Dong Thap, Hau Giang and Vinh Long provinces and Can Tho city.

Farmer Vo Van Rot from Can Tho said that he had reaped one hectare of summer autumn rice and sold them out at VND4,500 a kilogram to pocket VND14 million.

According to departments of agriculture and rural development in the delta, the rice price is not high but farmers still profit from bumper crop and high productivity.

The Vietnam Food Association reported that businesses have exported over 2.1 million tons of rice worth US$874.9 million in the first five months this year.

By Ngoc Dan – Translated by Hai Mien

Other news

Most view

Banking-finance

Economy

PM desires European investors to pay attentions to VN

Vietnamese Prime Minister Nguyen Xuan Phuc yesterday received Belgium Ambassador to Vietnam Jehanne Roccas, Ambassador and Head of the Delegation of the European Union (EU) to Vietnam Bruno Angelet, Charge D'affaires of the German embassy in Vietnam Wolfgang Manig to discuss investment promotion activities in the country.

Self - introduction

Stock market

VPBank prepares for listing on HOSE

The Ho Chi Minh City Stock Exchange (HOSE) said over 1.33 billion shares of Vietnam Prosperity Joint Stock Commercial Bank (VPBank) will officially be listed on the HOSE, code VPB, from August 17 with the reference price of VND 39,000 per share.