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

HCMC inspects Alibaba Tay Bac Cu Chi property project

HCMC inspects Alibaba Tay Bac Cu Chi property project

Director of the HCMC Department of Construction Tran Trong Tuan said that after receiving warning information about Alibaba Tay Bac Cu Chi property project, the agency has inspected the case to handle violations.
 

Banking-finance

Bitcoin use might face criminal charge in Vietnam

The issue, supply and use of illegal means of payments including Bitcoin and other crypto currencies might face criminal charge according to Item 1, Article 26 of the Penal Code 2015, which has been amended and supplemented in 2017.
 

Economy

Retailers urged to keep up with innovation trends

The retail industry has changed dramatically in the digital age where everything is connected, requiring retailers to continue to innovate to better serve customers’ diverse needs, speakers have said at a one-day summit held in Ho Chi Minh City.
 

Self - introduction

Stock market

MoC sells 118.3million of DIG's shares

The Development & Investment Construction (DIG) Corp, said Ministry of Construction (MoC) has registered to sell 118.3 million shares accounting for 49.65 percent of DIG’s total capital within one month starting November 17.