Prices of tra fish continue to drop in July
Prices of Tra fish in the Mekong Delta continued the downward trend of the previous month to drop in July, according to the Ministry of Agriculture and Rural Development.
Illustrative image (Source: VNA) Hanoi (VNA) – Prices of Tra fish in the Mekong
Delta continued the downward trend of the previous month to drop in July,
according to the Ministry of Agriculture and Rural Development.
The highest prices, ranging from 25,000 – 27,000 VND per kg for first-class tra fish, were recorded in the provinces of An Giang, Vinh Long and Dong Thap, a decrease of 3,000 VND from June.
However, the prices are forecast to maintain at a level that still generates profit for farmers until the end of this year.
Meanwhile, prices of Tra fish fingerlings slightly rose from the previous month, fetching at around 25,000 – 30,000 VND per kg.
The Mekong Delta produced about 782,000 tonnes of Tra fish in the first seven months of 2018, a year-on-year increase of 12.1 percent. The biggest contributors included Dong Thap which posted an output of 274,500 tonnes, up 9.4 percent year on year; An Giang, 190,400 tonnes and 17.4 percent; and Can Tho, 95,700 tonnes and 18.6 percent.
Vietnam is the world’s largest exporter of tra fish, making up more than half of the global output. From January – July, the country saw a surge of 19.5 percent to 1.18 billion USD in exports of the fish, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Major buyers of Vietnamese tra fish include China, the US, the European Union (EU), the Association of Southeast Asian Nations (ASEAN), Mexico, Brazil, Colombia, and the United Arab Emirates (UAE). China remained the largest importer of Vietnamese Tra fish with 290 million USD, making up 24.7 percent of the total export turnover. It was followed by the US (250 million USD) and the EU (137.5 million USD).
Also in the Mekong Delta, prices of giant tiger prawn were on a rise while those of king prawn remained flat in July.
The country’s output of brackish-water prawn was estimated at 345,500 tonnes in the first seven months of 2018, up 11 percent year on year. The amount included 162,200 tonnes of giant tiger prawn and 183,300 tonnes of king prawn. The Mekong Delta contributed 271,300 tonnes, or 78.5 percent of the total output, during the reviewed period. –VNA
The highest prices, ranging from 25,000 – 27,000 VND per kg for first-class tra fish, were recorded in the provinces of An Giang, Vinh Long and Dong Thap, a decrease of 3,000 VND from June.
However, the prices are forecast to maintain at a level that still generates profit for farmers until the end of this year.
Meanwhile, prices of Tra fish fingerlings slightly rose from the previous month, fetching at around 25,000 – 30,000 VND per kg.
The Mekong Delta produced about 782,000 tonnes of Tra fish in the first seven months of 2018, a year-on-year increase of 12.1 percent. The biggest contributors included Dong Thap which posted an output of 274,500 tonnes, up 9.4 percent year on year; An Giang, 190,400 tonnes and 17.4 percent; and Can Tho, 95,700 tonnes and 18.6 percent.
Vietnam is the world’s largest exporter of tra fish, making up more than half of the global output. From January – July, the country saw a surge of 19.5 percent to 1.18 billion USD in exports of the fish, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Major buyers of Vietnamese tra fish include China, the US, the European Union (EU), the Association of Southeast Asian Nations (ASEAN), Mexico, Brazil, Colombia, and the United Arab Emirates (UAE). China remained the largest importer of Vietnamese Tra fish with 290 million USD, making up 24.7 percent of the total export turnover. It was followed by the US (250 million USD) and the EU (137.5 million USD).
Also in the Mekong Delta, prices of giant tiger prawn were on a rise while those of king prawn remained flat in July.
The country’s output of brackish-water prawn was estimated at 345,500 tonnes in the first seven months of 2018, up 11 percent year on year. The amount included 162,200 tonnes of giant tiger prawn and 183,300 tonnes of king prawn. The Mekong Delta contributed 271,300 tonnes, or 78.5 percent of the total output, during the reviewed period. –VNA
You should also see
Localities get ready for fourth FDI boom
As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.
See more
Business
Noi Bai, Da Nang named in world’s top 100 airports
Hanoi capital’s Noi Bai International Airport and the Da Nang International Airport in the central city of the same name have been listed among the world’s top 100 airports in 2024 by the UK–based aviation consultancy Skytrax.
Business
Vietnam earns 1.43 billion USD from rice exports in Q1
ietnam in the first quarter of 2024 exported 2.18 million tonnes of rice, earning 1.43 billion USD, an increase of 17.6% in volume and 45.5% in value year on year. Meanwhile, the average export rice price also increased by 23.6% to $653.9 per tonne.
Business
HCM City moves towards Net Zero
Ho Chi Minh City is building a project to restructure its industry towards sustainable development in the 2025-2030 period, with a vision to 2050, prioritising the use of high technology and reducing emissions towards net zero emissions by 2050.
Business
Old loans must endure higher interest rates temporarily: central bank
The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end of last year. However, borrowers with loans issued before the latest rate adjustment still must pay higher rates, according to the State Bank of Vietnam (SBV).
Business
Vietnam among top domestic infrastructure investors: Ambassador
Vietnam is one of the leading countries in Asia in terms of investment for infrastructure development, allocating 5.7% of its Gross Domestic Product (GDP) to projects in this field, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations (UN).
