Vietnam coffee prices fall as drought continues; supplies build up in Indonesia

Vietnam coffee prices fell this week amid weakness in global robusta, as local farmers continued to face water shortage, while Indonesia witnessed supply build up and muted trade. Drought has hit 300 hectares of crops, mostly coffee trees, in Dak Lak province in the Central Highlands, Vietnam’s largest coffee growing area, local officials said. “The…

For its own good, Vietnam should stick to agriculture

Vietnam has always been an agricultural country; and after all the brouhaha about industrialization, agriculture is still our saving grace. Nguyen Dang Anh Thi There’s a funny story that does the rounds about Vietnam’s agriculture industry. For more than 30 years, Vietnam has been a major rice exporter and yet every year, it is stuck…

Ho Chi Minh City introduces Japanese-styled organic waste treatment technology

The Ho Chi Minh City Department of Science and Technology has introduced a Japanese-originated technology that can treat and turn organic waste into energy without having to move the garbage to the landfill. The Saigon Innovation Hub (SIHUB) under the municipal science department presented the project on Monday afternoon and expected it would be used…

Vietnam looks to divest from all agricultural SOEs by 2017

As Vietnam integrates more into the global market, Vietnamese farmers will need to expand their businesses to compete with foreign rivals, and that, of course, requires land. Vietnam’s scattered farm land hits the overall efficiency of the country’s agricultural production, which in turn reduces the competitiveness of local agricultural firms. Thai Binh Seed JSC., one…