Business & Finance
Banking & Finance
Monday, May 01, 2017 11:29:02 AM
Japanese firm wants to join Vietnam’s tea industry
Source: VNA - 3/14/2017 4:08:37 PM
0 ratings. You must sign in to rate.
Add To Favorites
Japan’s Sasaki Seicha company has surveyed Vietnam’s tea industry for a year and realised that this is a market not to be missed, the firm’s General Director Iwasaki Masao said.
The Cong Thuong (Industry & Trade) newspaper quoted him as saying that Vietnam used to be the world’s fourth biggest tea producer, but this ranking has dropped recently. Meanwhile, its tea export prices have decreased.
The Japanese firm wants to work with Vietnamese partners to export local tea products abroad, he noted.
Sasaki Seicha has been working with the Tea & Food Vietnam JSC to make plans for building tea factories and tea purchasing and farming in some northern provinces.
Vietnam has a tea farming area of 124,000 hectares, producing 500,000 tonnes of dry tea each year.
It exported 130,900 tonnes of tea worth 217.2 million USD in 2016, increases of 5.1 percent in volume and 2.1 percent in value from the previous year, according to preliminary data from the General Department of Vietnam Customs.
Gov’t aims for public debt below 65% of GDP
Corporate governance ignored in VN
Wood exports surge 17.1% in Q1
Petroleum prices increased by VNĐ350 per litre
SCIC targets 7.34 trillion VND in post-tax profit in 2017
Petrolimex’s foreign ownership cap at 20%
VN needs national branding: experts
Wood industry urged to develop more linkages
Steel industry to grow, export pressures high
SCIC plans to sell State capital in 137 firms
Bright prospects for steel firms despite challenges
Industrial growth slow, labour productivity low: Party official
Production improves, trade unbalanced: MoIT
Agriculture minister explains new regulations to US firms
SCG spends $156 million to buy cement company
MoIT targets bigger GDP role for logistics sector
Huge trade potential in Australia
Vietnam pepper faces difficult year
Over 345 million USD in FDI poured into property sector
Gasoline prices slightly drop
VN manufacturing PMI hits 22-month high in March
CPI goes up 4.96 percent year-on-year in first quarter
Slight rise in February CPI
Draft decree on State monopoly in trade submitted to Government
CPI ups 0.46% in January
Last updated at
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Type in the symbol above for thorough background information, key statistics and financial information.
Choose a sector
Oil & Gas
We continuously improve our services, here are the latest updates...
Allow you to monitor a customised group of securities. You can set up multiple
to help you better manage your investments.
delivered directly to your email address.
Allow you to
filter the market
and find exactly what sort of company you are looking for.
Get instant access to FREE REAL-TIME
for hundreds of stocks from HOSE, HNX and UPCOM exchanges.
Stockbiz.vn © 2009 |