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Viet Nam reaps bumper export crop
04 | 10 | 2007
Viet Nam in the first nine months of this year brought home 9.5 billion USD from agricultural, forestry and seafood exports, according to the Ministry of Agriculture and Rural Development (MARD).
Viet Nam for the first time has leveled its rice export prices to those of Thailand, and at times even higher. Viet Nam’s average price for exported rice now stands at 293 USD per tonne, up 42 USD per tonne over 2006.

In the first nine months of 2007, Viet Nam has exported close to 4.1 tonnes of rice at a charge of 1.3 billion USD.

Vietnamese coffee is also on the up. So far this year the country shipped 975,000 tonnes, earning 1.47 billion USD, surpassing rice exports for the first time.

Cashew nuts shipments hit 110,000 tonnes in volume and 466 million USD in turnover, surging 22 percent and 27 percent, respectively.

Rubber exports came in at 502,000 tonnes, valued at 942 million USD.

Meanwhile, pepper exports saw significant price hikes to compensate for the drop in volume. The country fetched 218 million USD, or a 34 percent year-on-year increase.

Viet Nam has set target of around 11 billion USD in agricultural, forestry and seafood exports for 2007.

Source: VNA

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