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The weak Brazilian reals (BRL) against the U.S. dollar (US$) has encouraged Brazilian coffee farmers to increase selling over the past time. The BRL had depreciated 29.29% against the US$ by end-2020. At times, it fell to 5.99 reals per dollar. However, it gradually increased to 5.10 reals per dollar at the year’s end. Market observers have found that there is intervention by the Brazilian central bank whenever the BRL falls to 5.6-5.8 reals per dollar. Money market analysts have forecast that the BRL will rise to 4.5-4.8 reals per dollar in 2021. The domestic currency gain will ease the selling pressure though the coffee production may be large(1). … [Read more...] about Coffee trade prospect 2021

In an interview recently granted to the Vietnam News Agency's reporter in Buenos Aires, Poldi Sosa said throughout its revolutionary history, the CPV has always played a vanguard role and gathered people from walks of life under its fighting flag to make Vietnam an independent and sovereign nation. Following national reunification later, the CPV continued affirming its leadership role and mapped out development orientations, riding Vietnam through challenges to gradually prosper economically. In recent years, Vietnam’s position and voice have been increasingly respected on the international arena. … [Read more...] about VIETNAM NEWS JANUARY 24

The South Korean defender was scouted by Hoang Anh Gia Lai (HAGL)’s new coach, Thai football legend Kiatisuk Senamuang, who signed on to manage the club in November last year. He is a product of renowned German club Hamburger SV. The 26-year-old, with a height of 1.88 meters, can play at center-back or as defensive midfielder. … [Read more...] about Five new foreign players to watch in V. League 2021