(VLO) Can Tho City deploys concentrated promotions from August 1; Vietnam's rice exports skyrocketed; Vietnamese fresh coconut before the opportunity to officially export to the Chinese market ... is the remarkable market information on July 8.
*From August 1, Can Tho City implements a concentrated promotion program
The program runs from August 1 to December 8, 31. Participants are all traders, including businesses, supermarkets, trade centers, modern distribution systems, convenience stores, restaurants, hotels, production facilities, distribution traders, business households, etc. The maximum limit on the value of goods and services used for promotion and the maximum discount rate for goods and services used for promotion is 12%.
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*Vietnamese rice exports skyrocketed
Specifically, Vietnam's 5% broken rice price increased from $550-575/ton, the highest level since 2011, from $515-525/ton a week ago.
The Vietnam Food Association said that the price of rice has increased sharply in recent days. Importers actively seek out Vietnamese enterprises to ask to buy rice. They pay 10-20 USD/ton higher than the time before India banned the export of this item.
*Vietnamese fresh coconut in front of official export opportunities
The General Administration of Customs of China will conduct field inspections of the growing areas and packing facilities of fresh coconuts that have export demand.
Currently, China consumes very large coconuts, while the domestic supply capacity is only 10%. Therefore, when China opens the door to Vietnamese coconuts, this will be an opportunity for localities, especially the Mekong Delta such as Tra Vinh or Ben Tre.
*Durian jackfruit is "fever" in the West
Durian jackfruit was bred by a man in Can Tho City, after planting, it gives fruit. Due to low output, the price of this type of jackfruit is quite high, about 80.000 VND/kg. Particularly for seedlings, sold at the garden 200.000 VND / tree.
*Rice prices continue to increase
Prices of many types of rice in the Mekong Delta increased by 100-200 VND/kg compared to about a week ago. Currently, fresh rice IR 1 and OM 50404 summer-autumn crop 5451 are sold by farmers in many places for 2023-6.700 VND/kg, while previously at 6.900-6.500 VND/kg. The price of fresh rice OM 6.800, OM 4900, Nang Hoa 18 and Dai Thom 9 also increased from 8-6.800 VND/kg, to 7.100-6.900 VND/kg. This price is higher from 7.200-1.000 VND/kg compared to the same period last year.
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