Trade

Brazil will challenge Thailand at the World Trade Organization (WTO) over “subsidies” for sugar producers that it says have dragged down global prices, the Trade Ministry said.  Brazil said the Thai government had given support to cane growers and sugar mills that was inconsistent with international trade ...

A newly formed coalition of rice millers and exporters has raised alarm bells, forecasting the imminent “collapse” of Cambodia’s rice sector within two years and blaming in part “governance failure” by the industry’s apex body. The 18-member group, whose initiative is called the Rice Industry Strategic ...

Vietnam’s rice exports hit US$445 million in the first two months, twice the number of the same period last year, the agriculture ministry reported on 26 February. Keep reading ...

Despite a contraction of 1.9% last year, Thailand’s National Food Institute (NFI) expects food exports this year will grow by 5.8%. The optimism is based largely on rising demand for some food segments in neighbouring emerging markets and government efforts to boost exports. NFI president Yongvut Saovapruk attributed ...

Vietnam’s biggest dairy company Vinamilk has closed a US$12.5 million deal to export baby formula to Middle Eastern countries, with shipments expected to increase by around 10 percent a year.    The deal, signed at the week-long international food fair Gulfood wrapped up in Dubai on 25 ...

Mergers and acquisitions (M&A) in Vietnam grew by 9.7 percent last year to US$5.2 billion, mostly with small and medium-sized enterprises involved, according to a new market report.   The number of deals was up 23.1 percent to 341, local market research company StoxPlus said in the ...

Vietnam needs to create policies to promote investment in agriculture to build a farming sector to compete internationally, as the country integrates into the global economy. Investments in agriculture remain modest, although the sector involved nearly 70 per cent of the country’s population, while contributing some ...

Vietnam’s agricultural exports to the United States (US) are expected to surge with stable demand from a key market, an official of the government said on 18 February. Le Van Banh, head of the Department of Processing and Trading Agricultural, Forestry, Aquatic Products and Salt under ...

The Thai Government’s first rice auction this year drew active interest from potential buyers, with 31 qualified bidders proposing to buy a combined 397,639 tonnes for 3.31 billion baht. The proposed purchases account for 70% of the total 570,000 tonnes of rice put up for the latest auction called ...

Vietnamese products are facing fierce competition from Thailand imports in the local market as Thai companies increasingly expand their presence in the country. A report from the General Department of Customs (GDC) showed that exports from Thailand reached US$7.5 billion in the first 11 months of ...