Coffee enters harvest season in Bu Dang District. (Photo: SGGP)

Low coffee prices upset farmers in spite of bumper crop

At this time, coffee farmers in Binh Phuoc, Dong Nai and Dak Nong provinces are entering harvest season. However, despite of a bumper crop, farmers are unhappy as the price of coffee is extremely low, causing them to be unable to cover investment and caring costs and the risk of a shortage of capital for next crop.
Rice exports reach 5.91 million tons in last 11 months

Rice exports reach 5.91 million tons in last 11 months

It is forecast that export of rice of Vietnamese enterprises as well as other countries will face difficulties due to politic crisis in Hong Kong and high rice inventory in Indonesia.
Oil exploitation drops, coal increases

Oil exploitation drops, coal increases

The Ministry of Industry and Trade on December 3 reported that production index of mining industry in the first 11 months of this year rose by 0.9 percent over the same period last year.
VN-Index drops to below 960 points

VN-Index drops to below 960 points

The Vietnam’s stock market declined the second day on December 3 as Masan’s shares hit the bottom on the day the group announced the merger of Vincommerce and VinEco with Masan Consumer Holdings.
 The merger of PGBank into HDBank has been approved since early 2019 but so far it has not happened. (Photo: SGGP)

Banking industry waits for big M&A deals

The merger and acquisition (M&A) market in banking industry in the first half of this year has received new signal when Korean bank, Keb Hana, officially became a major shareholders of BIDV in early November with a record M&A deal in the banking industry worth more than VND20 trillion (nearly US$890 million).
Feliz en Vista condotel project in District 2, HCMC

Condotel investment craze surges in Vietnam

Thousands of people are pouring money into condotel projects with hopes of getting the 8-12 percent interest as promised by owners, despite a nearly non-existent market and undefined legal rules for this type of building.
Increase in poultry flock because of hog losses due to African Swine Fever

Increase in poultry flock because of hog losses due to African Swine Fever

Pork makes up around 80 percent of Vietnam's total meat consumption; accordingly, the African Swine Fever has created a headache for a country where pork is a staple of the diet. The husbandry sector is taking heed of increase in poultry flock and other meat to satisfy the demand of meat in the upcoming Lunar New Year.
Plastic association rejects increase of import tariff on plastic pellets

Plastic association rejects increase of import tariff on plastic pellets

The Vietnam Plastic Association (VPA) has recently sent an official dispatch to the Ministry of Finance and the Ministry of Industry and Trade to propose to keep import tariff of polypropylene (PP) plastic material at 3 percent instead of increasing it to 5 percent.