Viet Nam's coffee prices are decreasing in accordance with the general trend of the world. — Photo baodautu.vn Although ranking second in the world, Viet Nam's coffee exports are plummeting. The price of Vietnamese coffee exports is also much lower than the same type of coffee from other countries. According to a report by the Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development, coffee exports in the first eight months of 2019 were estimated at 1.17 million tonnes worth nearly US$2 billion, down 11.8 per cent in volume and 21.4 per cent in value over the same period in 2018. Since the beginning of the year, Germany and the US continue to be Viet Nam's two largest coffee consuming markets, with market shares of 13.7 per cent and 9 per cent, respectively. Except for Viet Nam’s increase in coffee exports to the Philippines and Malaysia by 22 per cent and 3.7 per cent, respectively, exports to most of the remaining major … [Read more...] about Coffee export prices plummet
Camry xse 2018 price
The Hanoitimes - Core inflation in the first eight months of this year picked up 1.9% year-on-year. Vietnam consumer prices up 0.18% m/m in July New consumption trend leads to surge in Vietnam’s consumer credit growth Major trends in Vietnam’s consumer market Vietnam c.bank tightens credit growth of consumer finance companies More players vie for shares in Vietnam’s consumer finance market Vietnam's consumer price index (CPI) saw an increase of 0.28% in August against the previous month, up 1.87% versus the end of 2018 and 2.26% year-on-year, according to the General Statistics Office (GSO). Illustrative photo. This resulted in an increase of 2.57% year-on-year of the CPI in the first eight months of 2019, the lowest growth rate for an eight-month period over the last three years. The rise in the healthcare and education services prices, as well as the impact of African swine fever directly led to a higher CPI in August, … [Read more...] about Vietnam consumer prices up 0.28% m/m in August
Tra fish breeders face heavy losses from low prices. The sharp drop in prices can be attributed to difficulties within export markets and a decline in the purchasing power of processing businesses. Furthermore, breeders of tra fish, also known as pangasius, have been dealing with low quality tra fish fingerlings, causing breeders to incur huge losses. In order to deal with the issue, relevant ministries and localities have devised solutions to promote sustainable development within the tra fish industry. According to breeders in the Mekong Delta province of An Giang, the price of tra fish has been continuing to fall and has reached only VND19,000 per kilo, the lowest level seen during the past 10 years with processing firms purchasing less volume at lower prices. Duong Nghia Quoc, chairman of the Vietnam Pangasius Association, said the tra fish industry has encountered a number of difficulties in export activities, particularly in traditional markets such as China and the US. … [Read more...] about Prices of tra fish plunge, breeders suffer huge losses
VietNamNet Bridge - Vietnamese consumers thought if importers could satisfy the strict requirements stipulated in Decree 116, they would be able to buy cars at reasonable prices. That hasn’t happened. Import car prices remain unstable Predictions about import car prices change regularly. At first, analysts predicted that the prices would soar to satisfy the requirements. In the second half of 2018, enterprises had overcome difficulties and many imports were expected to arrive. However, the prices remained unpredictable. Vietnamese consumers thought if importers could satisfy the strict requirements stipulated in Decree 116, they would be able to buy cars at reasonable prices. That hasn’t happened. In Vietnam, the Ford Everest 2018 price fell sharply compared with last year. US$1=VND22,000 RELATED NEWS Dozens of taxes, fees burden VN car users How expensive are cars in Vietnam? Tran Thuy … [Read more...] about Import car prices remain unstable
VietNamNet Bridge - VinFast has caught attention from the public with its impressive presence at 2018 Paris Motor Show. Now it needs to choose a reasonable pricing strategy to conquer the home market. VinFast has made an impressive presence at 2018 Paris Motor Show Analysts are guessing wildly about the prices of the two first models of VinFast. Will they be super cars with BMW’s quality and Mazda’s price? Some observers believe that a high-end car with German quality and Italian design would have a ‘Vietnamese price’.However, VinFast is not strong enough to attract buyers if it is as expensive as BMW. The most likely scenario is that VinFast’s image should be ‘pegged’ to BMW with the quality a bit lower than the German brand and the price higher than Mazda. A Chinese brand also succeeds with this strategy. Debut VinFast had a wonderful performance at Paris Motor Show with the presence of David Beckham at the stall next to the one of … [Read more...] about What will VinFast’s pricing strategy be like?