Along with other notable news, please follow: Rice export increased by more than 10% in volume and 32% in value; The difference between domestic and world gold prices is only 2.1 million VND/tael; Live pig price decreased by the highest 2,000 VND/kg; The amount of money deposited by residents in banks increased sharply.
10 Vietnamese coffee export markets with turnover of over 100 million USD
In the first 6 months of the year, Germany was Vietnam's largest coffee export market with 383 million USD, up 37% over the same period. Photo: congthuong.vn
In terms of value, 10 Vietnamese coffee export markets had a turnover of over 100 million USD in the first 6 months of 2024 with a total of 2.02 billion USD, accounting for 65% of the total turnover.
Germany is Vietnam's largest coffee export market with 383 million USD, up 37% over the same period last year. Italy is next with 276 million USD, up 37% over the same period last year; Japan with 238 million USD, up 47% over the same period last year; Spain with 236 million USD, up 82% over the same period last year.
Vietnam also earned 189 million USD from exporting coffee to Russia, up 35% over the same period last year; the US reached 189 million USD, up 4.9% over the same period last year; Indonesia reached 160 million USD, up 95% over the same period last year; the Philippines reached 133 million USD, up 113% over the same period last year; the Netherlands reached 116 million USD, up 88% over the same period last year; China reached 103 million USD, up 44% over the same period last year.
In the ASEAN bloc, coffee exports to Malaysia earned 79 million USD, up 105% over the same period last year; to Thailand reached 85 million USD, up 81% over the same period last year; to Myanmar reached 6.3 million USD, down 21% over the same period last year; to Cambodia reached 4 million USD, up 95% over the same period last year; to Singapore reached 3.9 million USD, up 25% over the same period last year; to Laos reached 0.4 million USD, up 100% over the same period last year.
Of the 37 main markets, coffee export turnover to 9 markets decreased and 28 markets increased compared to the same period last year.
Rice exports increased by more than 10% in volume and 32% in value.
Export opportunities for Vietnamese rice from now until the end of the year also come from the very large market of China. Photo VTV.VN
According to the General Statistics Office, in the first 6 months of this year, Vietnam exported more than 4.5 million tons of rice, reaching a turnover of nearly 3 billion USD. Rice exports increased by more than 10% in volume and 32% in value.
From 564 USD to 568 USD/ton, this is the export price of 5 % broken rice of Vietnam recorded most recently on July 12. Although it is decreasing compared to the beginning of the year, it is still increasing by nearly 10% compared to the same period.
According to the Import-Export Department, after a long period of price growth, this downward adjustment period of Vietnamese rice is part of the general downward trend of world rice prices. Notably, this downward trend is also within the expectations of domestic enterprises because they have always been cautious when rice export prices have increased continuously in recent times.
According to international experts, as the prospect of easing India's rice export policy is reinforced, supply is expected to increase in the coming time, leading to a possible cooling of rice prices in Asia, as India remains the world's largest rice export market.
Statistics show that India is still the world's largest rice exporter in the first five months of this year with 7.2 million tons, down 25.4%; followed by Thailand, Vietnam, Pakistan, and the US.
In India, 5% broken parboiled rice was quoted at $539-$545 a tonne this week. Meanwhile, Thailand’s 5% broken rice also fell to $570-$575 a tonne on July 11, the lowest since early April.
The difference between domestic and world gold prices is only 2.1 million VND/tael.
Gold price today July 16, 2024, SJC gold price, 9999 gold price, 24k gold price, 18k gold price July 16, 2024.
Gold price today July 16, 2024: World gold continues to increase slightly and steadily above 2,400 USD/ounce, currently SJC gold has shortened the gap with the world to only 2.1 million
At the time of survey at 5:00 a.m. on July 16, 2024, the gold price today, July 16, on the trading floors of some companies is as follows:
Today's 9999 gold price is listed by DOJI at 74.98 million VND/tael for buying and 76.98 million VND/tael for selling.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey listed the price of SJC gold at 76.20 - 76.98 million VND/tael (buy - sell).
SJC gold price at Bao Tin Minh Chau Company Limited is also traded by the enterprise at 75.50 - 76.98 million VND/tael (buy - sell). Meanwhile, at Bao Tin Manh Hai, it is being traded at 76.00 - 76.98 million VND/tael (buy - sell).
According to Kitco, the world gold price recorded at 5:00 a.m. today, Vietnam time, was at 2,422.21 USD/ounce. Today's gold price is 10.63 USD/ounce higher than yesterday's gold price. Converted according to the current exchange rate at Vietcombank , the world gold price is about 73.355 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is still 2.125 million VND/tael higher than the international gold price.
Pig price drops by up to 2,000 VND/kg
Pig price today, July 16, 2024, decreased by the highest 2,000 VND/kg. Photo: nongnghiep.vn
In the Southern region, the price of live pigs today decreased slightly by 1,000 - 2,000 VND/kg and fluctuated between 63,000 - 65,000 VND/kg.
Accordingly, after a price reduction, the price of live pigs in Ca Mau, Dong Thap, and Long An has dropped to 65,000 VND/kg, equal to that in Hau Giang, Can Tho, and An Giang. This is also the highest recorded price in the region.
On the other hand, after a price reduction, the price of live pigs in Dong Nai dropped to 63,000 VND/kg, equal to that in Tien Giang and Bac Lieu. This is also the lowest recorded price in the region.
With the same price adjustment, traders in Binh Phuoc, Ho Chi Minh City, Tay Ninh, Vung Tau, Kien Giang, Soc Trang are buying live pigs at 64,000 VND/kg, equal to Vinh Long, Tra Vinh, Ben Tre.
With a decrease of 2,000 VND/kg, the price of live pigs in Binh Duong dropped to 64,000 VND/kg.
In general, the trading price of live pigs today decreased by 1,000 - 2,000 VND/kg nationwide. Currently, the surveyed price in the provinces fluctuates between 62,000 - 68,000 VND/kg.
Personal deposits have been increasing sharply in the first months of this year. Photo: Chi Hung
According to data from the State Bank, in April, the amount of deposits from individuals and organizations increased sharply. Of which, deposits from residents continued to set a new record.
Statistics on total means of payment and customer deposits at credit institutions in April 2024, recently announced by the State Bank of Vietnam (SBV), show that the amount of deposits from individuals and organizations has increased sharply.
Accordingly, the total means of payment by the end of April 2024 reached more than 16 million billion VND, an increase of 0.13% compared to the beginning of the year. Customer deposits at the credit institution system reached more than 13.4 million billion VND, an increase of more than 120 thousand billion VND in April 2024.
Of which, deposits of economic organizations increased by more than 81 trillion VND, reaching more than 6.7 million billion VND.
However, in the first four months of the year, economic organizations' deposits still decreased by more than VND133 trillion (equivalent to a decrease of 1.95%).
Deposits from individuals increased by more than VND39.7 trillion in April, reaching more than VND6.7 million billion, continuing to set a new record. In contrast to deposits from economic organizations, the cumulative amount of deposits from individuals in the first four months of the year increased by more than VND183 trillion (2.8%).
April 2024 is the time when banks are preparing to increase deposit interest rates . However, in general, the downward trend in deposit interest rates is still dominant. Deposit interest rates only really increased simultaneously at most commercial banks from May 2024 and have lasted until now.
HOAI TAM synthesis
Source: https://www.baohaugiang.com.vn/van-hoa-trong-nuoc/diem-tin-ngay-16-7-10-thi-truong-xuat-khau-ca-phe-cua-viet-nam-co-kim-ngach-tren-100-trieu-usd-134147.html
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