Vinafood2’s violations damage over US$9.3 million

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SaiGon GP English 7 month(s) ago

Vinafood2’s violations damage over US$9.3 million

The Government Inspectorate yesterday announced that Vietnam Southern Food Corporation (Vinafood2) and some subsidiaries broke many regulations in management, capital and asset use in 2012-2013 causing a total damage of VND206 billion (US$9.3 million).

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Jasmine fragrant rice to be developed as national rice brand

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VOV News English 8 month(s) ago

Jasmine fragrant rice to be developed as national rice brand

The Vietnam Food Association (VFA) has decided that Jasmine, a type of fragrant rice, will be developed into the country’s national rice brand.

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Jasmine fragrant rice to be developed as Vietnam’s national rice brand

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VietnamNet English 8 month(s) ago 1 related news

Jasmine fragrant rice to be developed as Vietnam’s national rice brand

VietNamNet Bridge - The Vietnam Food Association (VFA) has decided that Jasmine, a type of fragrant rice, will be developed into the country’s national rice brand.

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Farm sector catalyst for change

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VOV News English 11 month(s) ago 1 duplicate news

Farm sector catalyst for change

The agriculture and rural development sector would promote restructuring of State-Owned Enterprises (SOEs) and withdrawal of capital from non-core business in the second half of this year, according to the Ministry of Agriculture and Rural Development.

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Rice exports: Vietnam fails with low-price export strategy

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VietnamNet English 13 month(s) ago

Rice exports: Vietnam fails with low-price export strategy

VietNamNet Bridge - Though Vietnam offered the lowest bidding price among three tenders, it was not chosen as the supplier by the Filipino National Food Authority (NFA).

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More State-owned corporations to go equitisation

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VietnamPlus English 15 month(s) ago

More centrally-run State-owned corporations will go equitisation this year, according to the party committee of the group of centrally-run State-owned corporations.

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Vinafood 2 flooded by debts

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Báo Đầu Tư English 16 month(s) ago 1 duplicate news

Vinafood 2 flooded by debts

Vietnam Southern Food Corporation Limited (Vinafood 2), one of Vietnam’s two biggest food corporations, is facing the massive total debt of VND1 trillion ($46.6 million) due to the ineffective operation of subsidiaries.

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Rice purchase in Mekong Delta meets 8 percent of plan

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VietnamPlus English 16 month(s) ago

Provinces in the Mekong Delta have so far fulfilled only nearly 8 percent of the government plan to purchase and stockpile one million tonnes of rice in the winter-spring crop 2014-2015.

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Vinafood 2 to export 300,000 tonnes of rice to Philippines

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VietnamPlus English 17 month(s) ago

The Vietnam Southern Food Corporation (Vinafood 2) has won a contract of supplying 300,000 tonnes of 15-25 percent broken rice to the Philippines, reported the Sai Gon Giai phong daily.

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Steps to correct derailed investments

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VietnamNet English 18 month(s) ago

Steps to correct derailed investments

VietNamNet Bridge – Huynh The Nang, general director of Vietnam Southern Food Corporation (Vinafood 2), told The Saigon Times Daily about solutions to settle huge debt and lead the State-run corporation to a new stage of development. Excerpts:

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Vietnam to sell 240,000 tons of rice to Malaysia

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VietnamNet English 18 month(s) ago 1 related news

Vietnam to sell 240,000 tons of rice to Malaysia

VietNamNet Bridge – Domestic enterprises have won contracts to ship 240,000 tons of rice to Malaysia this year, said Huynh The Nang, general director of Vietnam Southern Food Corporation (Vinafood 2).

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Vinafood 2 ridiculed for its plan to buy paddy from farmers

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VietnamNet English 18 month(s) ago 1 related news

Vinafood 2 ridiculed for its plan to buy paddy from farmers

VietNamNet Bridge – Experts have expressed doubts about Southern Food Corporation’s (Vinafood 2) plan to “restructure rice production and export”.

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Agricultural privatisation to be sped up

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VietnamNet English 18 month(s) ago

Agricultural privatisation to be sped up

VietNamNet Bridge – The privatisation of agricultural enterprises will be hastened during this year to boost the development of the farming sector, according to the Ministry of Agriculture and Rural Development.

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Vietnam needs to develop a national rice brand

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VietnamNet English 19 month(s) ago 1 related news

Vietnam needs to develop a national rice brand

VietNamNet Bridge - Vietnam was the world’s second-largest rice exporter in the world in 2014, but it is in urgent need of investment to develop a national brand to increase the value of its rice harvests.

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MARD divested US$70mln from 72 businesses in 2014

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Báo Đầu Tư English 19 month(s) ago 1 duplicate news

MARD divested US$70mln from 72 businesses in 2014

The Ministry of Agriculture and Rural Development divested more than VND1,500 billion (US$70.58 million) from 72 agricultural enterprises by the end of 2014, baotintuc.vn reported on January 8.

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