Philippines

Vietnam’s Agricultural Commodities in 2011

January 10, 2012 (Vietnamica) — According to the Ministry of Agriculture and Rural Development, in 2011, exports of forestry, aquaculture, and agriculture products yielded a turnover of US$25 billion, an increase of US$5 billion over 2010. The agriculture, forestry and seafood sector gained a trade surplus of US$9 billion, successfully opened new export markets, and enjoyed a year-on-year increase of 27 percent (VNS, Jan. 4).

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Vietnam Cuts Rice Export Floor Prices

January 8, 2012 (Vietnamica) — Vietnam has lowered floor prices for its rice exports, easing the minimum price for the benchmark 5 percent broken grain by 3 percent to US$485 a tonne, but traders said Vietnamese prices are still uncompetitive compared with those of India. India’s common white rice grades were quoted this week at $415-$435 a ton (FOB), down from US$430 to US$450 late December (Reuters, Jan. 8).

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South China Sea: China, India and Vietnam

October 16, 2011 (Vietnamica) – The China Energy News – published by Communist Party mouthpiece the People’s Daily – said on Oct 16 that India is playing with fire by agreeing to explore for oil with Vietnam in the disputed South China Sea (Reuters, Oct 16).

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Vietnam, China: Economic Prosperity Leads to Heightened Tensions

October 10, 2011 (Vietnamica) — While China’s economic ascendency has been well documented, Beijing’s longtime regional competitor, Vietnam, is steadily growing in economic and political relevance in the region, due in no small part to its economic ties to the Chinese. Historically, China has been the more powerful of the two, seeking to contain its neighbor to the south. As their economies continue to prosper, they will attempt to extend their influence in the region, but because of their geographic proximity — and because the areas they seek to influence overlap — Beijing and Hanoi will maintain a state...

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Philippine Government to Spend More on Agricultural and Fish Production

September 26, 2011 (Vietnamica) – The Philippine government will prioritize agricultural and fish production in 2012, with the Department of Agriculture proposing a budget of US$1.4 billion, 60% higher than its 2011 allotment.

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The Philippines Eyes China and Vietnam as Export Markets for Chicken After New Bird Flu Report

September 2, 2011 (Vietnamica) – The Philippines is eyeing China and Vietnam as export markets for chicken after a new bird flu strain reportedly affected these two countries’ poultry industry.

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