Vietnam wastes at least US$1 billion yearly on over fertilisation

Farmers in Quang Vinh commune in Thua Thien - Hue province work in the winter-spring rice fields. (Source: VNA)   Hanoi (VNA) - Vietnam wastes at least 23 trillion VND (1 billion USD) annually on fertilisation, experts said and called for replacement of conventional fertiliser with more hi-tech products. Le Nhu Kieu, vice head of Soil and Fertilisers Research Institute under Vietnam Academy of Agricultural Science, said that about half of the amount of nitrogen fertiliser fed to plants gets released to environment, 70-80 percent of phosphorus fertiliser amount was kept in soil and 50-60 percent of urea fertiliser amount was either evaporated or eroded. On average, in Vietnam, plants and crops received only 35-40 percent of the fertiliser given to them, he said. About 11 million tonnes of inorganic fertilisers are used in the country on a yearly basis, he said. The leaked fertiliser pollutes water, impoverishes soil and makes it hard to restore the soil’s quality. “Overuse of chemical fertilisers also threatens human and other living being’s genes, as it could cause genetic mutations, which will bring diseases for crops,” Kieu said. Kieu told khoahocphattrien.vn that it is time to promote “hi-tech fertilisers” to increase productivity and be safer to the environment. Compared with conventional fertilisers, the hi-tech fertilisers can help increase productivity up to 20 percent. Using conventional nitrogen fertiliser on rice, farmers usually lose about half of the fertiliser amount. The loss can drop 20 percent when hi-tech fertilisers …... [read more]

Farmers still snub high-grade rice Trung Chanh By Trung Chanh - The Saigon Times Daily CAN THO – High-grade paddy types have yet to prove their advantages as their prices are barely higher than low-grade categories, and profits even lower than the popular low-grade rice IR 50404. Therefore, farmers in the Mekong Delta are still growing the low-grade rice strain as long as there are markets for the farm produce IR 50404 more “tasty” than high-grade rice Farmers are disheartened by high-quality rice prices, which are only VND50-100 higher than prices of IR 50404 even though the production costs are much higher. IR 50404 is mainly used for processing the lower-grade 25%-broken rice. Nguyen Van Chieu, a farmer in Thap Muoi District, Dong Thap, said growing one hectare of high-grade paddy is some VND1.0-1.5 million costlier than producing low-grade rice. “The high-grade rice takes 7-10 more days to ripe compared to the low-grade rice, requiring spraying pesticide once more, not to mention that high-grade paddy types are more susceptible to pests, so costs are higher,” Chieu stated. According to rice traders at Ba Dac wholesale market in Tien Giang’s Cai Be District, the low-grade paddy IR 50404 is currently sold at VND5,000-5,050 per kilo for the fresh type and VND5,600-5,700 for the dried type. Meanwhile, high-grade paddy categories like OM 4218, OM 5451 and OM 1490 is priced at only VND50-100 higher, or VND5,100-5,150 for the fresh paddy and VND5,560-5,750 for the dried one. Workers of Tien Giang Province Food…... [read more]

Mekong Delta tra fish prices shoot up Tra fish prices in the Mekong Delta have rallied in the past two months, with an average pickup of VND4,000 per kilo. In Can Tho, exporters are buying unprocessed fish at VND22,000-22,500 per kilo. In Dong Thap, the fish have marked up to VND22,000 a kilo from VND18,000-18,500 two months ago. Farmers in the delta said this is the highest spike since the beginning of 2016, earning them an extra VND1,000-1,500 per kilo. This sharp price increase is attributed to a serious decline in supply while demand is recovering. However, Vo Thi Thu Huong, deputy secretary general of the Vietnam Pangasius Association (VN Pangasius), said tra fish output early this year markedly rose from the same period last year. As of October 9, more than 2,700 hectares of tra fish had been harvested in the Mekong Delta, down 0.1% year-on-year, but output had shot up 12% to 856,000 tons since productivity inched up from 285 tons in the year-earlier period to 313 tons per hectare. Figures of the Ministry of Agriculture and Rural Development, albeit different than those of VN Pangasius, show tra fish production reached 861,000 tons in the first nine months of the year, up 2.5% year-on-year. The rebound of tra fish prices is not because of a supply fall as claimed by some sources of information, but an improvement in demand, particularly of importers and local consumers, during the year-end season. By the middle of this September, tra fish exports…... [read more]

Petrol price hike of over VND400 per litre Retail prices of RON 92 petrol and E5 bio-fuel increased by VND441 (US$0,019) and VND392 per litre, respectively, yesterday. Following a joint decision issued by the ministries of Industry and Trade and Finance, the price of diesel 0.05S rose by VND599 per litre, while that of kerosene went up by VND520 per litre. This was the nineth hike Vietnamin fuel prices so far this year with a total increase of nearly VND5,000 per litre. By contrast, the prices have been dropped eight times since the beginning of the year, with the decreases amounting to about VND4,463 per litre. Current ceiling prices of RON 92 and E5 bio-fuel are VND16,845 per litre and VND16,533 per litre, while maximum prices of diesel and paraffin are kept at VND13,023 per litre and VND11,543 per litre. The average global price of RON 92 during the last 15 days was $59.995 a barrel, while that of diesel 0.05S was $62.338 per barrel, the ministries said. They also decided to maintain subsidies for RON 92 and E5 at VND600 and on diesel and kerosene at VND300 per litre. The subsidies are sourced by the fuel stabilisation fund. Vinafood 1 Flourmill offering 34% stake for sale Vinafood 1 Flour One Member Company Limited, a member of State-owned Vietnam Northern Food Corporation (Vinafood 1), will auction over 8.2 million shares, equivalent to a 34 per cent stake. The auction on the Ha Noi Stock Exchange will take place on October…... [read more]

VietNamNet Bridge - Vietnam, the country which once relied completely on urea imports, has turned into the country suffering the overproduction, which has forced it to think of exporting the products. Nguyen Hong Vinh, General Director of the PVFCCo, a chemical and fertilizer manufacturer, which is owns Dam Phu My brand, said Vietnam would need some 2 million tons of urea this year, while the production capacity of the domestic plants is 2.6 million tons. Therefore, domestic manufacturers have to think of boosting exports to ensure the outlet for their production and ease the negative impacts from the domestic competition. The urea supply has increased sharply since the beginning of the year with the Ca Mau Fertilizer Plant with the designed capacity of 800,000 tons a year becoming operational since the second quarter. Meanwhile, the Ninh Binh fertilizer plant with the designed capacity of 560,000 tons, plans to market commercial products in the third quarter. Analysts have warned that from 2013, Vietnam would have 450,000-700,000 tons of urea in excess, when the Ninh Binh plant becomes operational at full capacity and the Ha Bac Plant expands production to have the production capacity of 285,000 tons, which may be raised to 475,000 tons by 2015. In the past, Vietnam was known as a big urea importer. Prior to 2004, Vietnam had to import 100 percent of urea products needed for domestic agricultural production. After the Phu My Fertilizer plant was put into operation in 2004, Vietnam could satisfy 50 percent of…... [read more]

Farming co-ops may be answer to rural poverty (26-07-2008) by Thanh Hieu HCM CITY—The economic model of co-operatives is considered a necessary step farmers should take to develop the nation's economy and eradicate hunger and reduce poverty, a former agricultural official has said. Dr Mai Van Quyen, former deputy head of the Southern Institute of Agricultural Studies, said that Vietnamese farmers needed to join forces to be able to improve their own economic situation, given most of them are too poor and lack the needed capital, production materials and tools as well as professional knowledge and market information to do it by themselves. Quyen made the statement as he was speaking at a seminar titled Promoting the Role of Co-operative Economy and Co-ops in the Socio-Economic Development in Disadvantaged Areas, co-hosted yesterday by the Central Party office, the city Alliance of Co-operatives and HCM City Open University. He said despite the many difficulties, farmers were living in a market economy where they had to integrate themselves into a fiercely competitive environment. Dr Tran Minh Tam, of the Academy of Politics and Administration No.2, also stressed the importance of co-op models to boost the development of household economies and contribute to the economic restructuring of rural areas, ensuring the sustainable growth of a commodity-based agriculture. Though collaborative movements in the form of co-ops are on the wane, farming households still prefer the model, said Nguyen Mai Oanh, deputy director of the Institute for Agricultural and Rural Development Strategy' s southern office.…... [read more]

NDO/VNA – The third meeting of the APEC Business Advisory Council (ABAC) in 2017 will convene in Toronto, Canada, from July 24-28. The meeting will gather business leaders from APEC member economies to discuss issues related to trade, economic cooperation and regional connectivity in preparation for the APEC Economic Leaders Week in Vietnam in November. A Vietnamese delegation led by ABAC Vietnam Chairman Hoang Van Dung will attend the meeting. In addition, Permanent Deputy Minister of Foreign Affairs Bui Thanh Son will participate in a number of events within the framework of the meeting. According to Pamela Goldsmith-Jones, Parliamentary Secretary to the Canadian Minister of International Trade, through cooperation with ABAC, Canada has been able to scale up trade and investment ties with Pacific nations and territories, including growing Asian markets. By working together, APEC economies can easily access benefits brought about by sustainable and inclusive trade, thus bringing prosperity to people in the region, she added. As scheduled, the official will attend the ABAC meeting to promote Canada’s trade agenda as well as its commitments to representatives of businesses of different sizes in the Asia-Pacific region. The event will be co-organised by the Asia Pacific Foundation of Canada and ABAC Canada Secretariat. A highlight of the meeting is the APEC-Canada Growing Business Partnership Symposium on Technology and Innovation. In 2015, the Canadian Government announced it would spend CA$4.74 million (around US$3.8 million) on the APEC-Canada Growing Business Partnership Project to help member…... [read more]

Party General Secretary Nguyen Phu Trong (centre), President of the Cambodian Senate Samdech Say Chhum and Deputy Prime Minister-cum-Minister of the Royal Palace Samdech Kong Som Ol cut the ribbon to inaugurate a Vietnam-Cambodia Friendship Monument in Preah Sihanouk province.   Preah Sihanouk (VNA) – Party General Secretary Nguyen Phu Trong, President of the Cambodian Senate Samdech Say Chhum and Deputy Prime Minister-cum-Minister of the Royal Palace Samdech Kong Som Ol on July 22 cut the ribbon to inaugurate a Vietnam-Cambodia Friendship Monument in Preah Sihanouk province.  This is part of the Vietnamese Party chief’s State visit to Cambodia from July 20-22 at the invitation of Cambodian King Norodom Sihamoni. Addressing the inauguration ceremony, Party General Secretary Nguyen Phu Trong said the construction of the monument reflects the tribute paid by the   Parties, States, people and armies of the two countries to Vietnamese volunteers soldiers as well as officers and soldiers of the Cambodian Royal Army who laid down their lives for Cambodia’s independence and freedom. Highlighting the “good neighbourliness, traditional friendship, comprehensive cooperation and long-term sustainability” between Vietnam and Cambodia, he said despite changes in the regional and global situation, Vietnam always attaches importance to and will make every effort, together with Cambodia, to make the relationship green and sustainable forever, meeting the aspirations and interests of the two countries’ people, and for peace, stability, cooperation and development in Southeast Asia and the world at large. The leader said…... [read more]

ABAC Vietnam Chairman Hoang Van Dung (Photo: VNA) Hanoi (VNA) – The third meeting of the APEC Business Advisory Council (ABAC) in 2017 will convene in Toronto, Canada, from July 24-28. The meeting will gather business leaders from APEC member economies to discuss issues related to trade, economic cooperation and regional connectivity to prepare for the APEC Economic Leaders Week in Vietnam next November. A Vietnamese delegation led by ABAC Vietnam Chairman Hoang Van Dung will attend the meeting. In addition, Permanent Vice Minister of Foreign Affairs Bui Thanh Son will participate in a number of events within the framework of the meeting. According to Pamela Goldsmith-Jones, Parliamentary Secretary to the Canadian Minister of International Trade, through cooperation with the ABAC, Canada has been able to scale up trade and investment ties with Pacific nations and territories, including growing Asian markets. By working together, APEC economies could achieve benefits of sustainable and inclusive trade, thus bringing prosperity to people in the region, she added. As scheduled, the official will attend the ABAC meeting to promote Canada’s trade agenda as well as its commitments to representatives of businesses of different sizes in the Asia-Pacific region. The event will be co-organised by the Asia Pacific Foundation of Canada and ABAC Canada Secretariat. It will feature a series of symposiums, with work programme covering priorities such as deepening regional economic integration, achieving sustainable, innovative and inclusive growth, enhancing MSMEs’ competitiveness, and ensuring food security. …... [read more]

The meeting will gather business leaders from APEC member economies to discuss issues related to trade, economic cooperation and regional connectivity to prepare for the APEC Economic Leaders Week in Vietnam in upcoming November. ABAC Vietnam Chairman Hoang Van Dung  A Vietnamese delegation led by ABAC Vietnam Chairman Hoang Van Dung will attend the meeting. In addition, Permanent Deputy Minister of Foreign Affairs Bui Thanh Son will participate in a number of events within the framework of the meeting. According to Pamela Goldsmith-Jones, Parliamentary Secretary to the Canadian Minister of International Trade, through cooperation with the ABAC, Canada has been able to scale up trade and investment ties with Pacific nations and territories, including growing Asian markets. By working together, APEC economies could achieve benefits of sustainable and inclusive trade, thus bringing prosperity to people in the region, she added. As scheduled, the official will attend the ABAC meeting to promote Canada’s trade agenda as well as its commitments to representatives of businesses of different sizes in the Asia-Pacific region. The event will be co-organized by the Asia Pacific Foundation of Canada and ABAC Canada Secretariat. It will feature a series of symposiums, with work program covering priorities such as deepening regional economic integration, achieving sustainable, innovative and inclusive growth, enhancing MSMEs’ competitiveness, and ensuring food security. A highlight of the meeting is the APEC-Canada Growing Business Partnership Symposium on Technology and Innovation. In 2015, the Canadian Government…... [read more]




Links Topics : http://news.c10mt.com/2017/07/vietnam-wastes-at-least-us1-billion.html