Pangasius fish export turnover this year is forecast to be difficult to meet the target. (Photo: SGGP)

Pangasius fish prices plummet, farmers suffer huge losses

In 2018, the prices of pangasius fish fluctuated at VND29,000 per kilogram and sometime in September and October jumped to VND34,000-VND36,000 per kilogram, helping export turnover of pangasius fish to reach VND2.26 billion, up 26.5 percent. However, in the first eight months of this year, the situation was fairly gloomy.
The prices of material shrimps in Mekong Delta provinces have climbed again. (Photo: SGGP)

Export of shrimps speeds up

After declining for a long time, the prices of shrimps in Mekong Delta provinces have rebounded, encouraging farmers to continue to expand farming areas. Export of shrimps also showed signs of recovery, fostering enterprises to speed up during the last months of this year.
Agriculture is the strength of the Mekong Delta

More than US$22 billion of FDI capital invested in Mekong Delta provinces

Mrs. Huynh Thien Trang, deputy director of the Vietnam Chamber of Commerce and Industry – Can Tho Branch, said at a conference held on August 6 to welcome import enterprises from Singapore and other countries to Can Tho City to study the potential and business opportunities here that Mekong Delta provinces were invested more than US$22 billion from the foreign direct investment (FDI) capital.
The prices of paddy go up in Mekong Delta provinces. (Photo: SGGP)

Paddy prices edge up in Mekong Delta provinces

The prices of winter-spring paddy in provinces in the Mekong Delta in the past few days slightly increased by VND200-VND300 per kilogram compared to those at the end of February, helping farmers to have profits.
Farmers harvest paddy in the Mekong Delta provinces. (Photo: SGGP)

Rice consumption remains stagnant

According to the Ministry of Agriculture and Rural Development, farmers in Mekong Delta provinces grew rice on an area of 1.6 million hectares this winter-spring rice crop with total yield of about 11 million tons, of which 3.64 million tons of rice are for domestic consumption and the remaining 7.4 million tons of rice are for export.