Vietnam has so far this year imported 4.13 million tonnes of corn worth US$825 million, according to the Ministry of Agriculture and Rural Development.


The figures represented increases of 9% in volume and 11% in value compared to the same period last year.


Vietnam spends up to US$1.7 billion a year on average to buy corn from Argentina, Brazil and Thailand.

Corn import is on the rise due to the country’s limited plantation, which covers just over 1 million hectares, and difficult cultivation conditions that have led to low productivity, at 4.6 tonnes per hectare on average. Increasing demand for animal feed also contributes to the cause.

The agricultural body plans to shift between 700,000 and 800,000 hectaresof low-productivity rice paddies to the cultivation of other plants, with corn making up the lion’s share.

 

                                                          Source: VOV

Related Topics


1.5 tonnes of fries released to regenerate aquatic resources in Hoa Binh Lake

The provincial Department of Agriculture and Rural Development on November 20 coordinated with Hai Dang Group Hoa Binh Seafood Company Limited to release 1.5 tonnes of fries into Hoa Binh Lake to regenerate aquatic resources, with a total value of 266 million VND (10,460 USD).

Hoa Binh leader meets Indian Ambassador

On the afternoon of November 16, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, held a reception for a delegation from the Indian Embassy led by Ambassador Sandeep Arya. The delegation included the chairperson of the Indian Chamber of Commerce in Vietnam, embassy personnel, and Indian businesses operating in Vietnam. Accompanying Long at the meeting were leaders of the provincial People's Committee and representatives from various departments and sectors.

Conference looks to promote Hoa Binh – India cooperation

Hoa Binh province hosted the "Meet India 2024" conference on November 16, marking a significant step in strengthening bilateral economic ties between Vietnam and India.

Cao Phong promotes great national unity strength in building new life

In recent times, with its core role in building and fostering great national unity, Cao Phong district's Vietnam Fatherland Front Committee has actively carried out its responsibilities and front work, and closely collaborated with member organisations to encourage locals to implement the Party’s guidelines, and the State’s policies and laws. At the same time, it has worked to promote the dynamism, creativity, and contributions of officials, Party members, and local people to help the district develop further.

Yen Thuy moves to boost export of shallot products

From a type of bulb used as a seasoning for daily meals, thanks to the efforts of local authorities and farmers, shallots have become a commercial crop in Yen Thuy district, contributing to promoting the transformation of crop structure in agricultural production, bringing higher incomes to locals.