MASCOPEX

                                                           Mr. Tran Ngoc Ni - Chief Accountant and Director of Gia Lai Branch

The branch of Mascopex in Gia Lai Prov. (Mascopex Gia Lai) was established under Decision No. 144 / QD-INX NT-HĐQT dated August 19, 2009 of the Board of Directors of the Company. Branch office is located at Hai Thuong Lan Ong Street, Yen The Ward, Pleiku City, Gia Lai Province.

Full name: MASCOPEX JOINT STOCK COMPANY GIA LAI BRANCH

Short name: MASCOPEX GIALAI

                                                                            Mr. Ngo Xuan Nam - General Director

                                                                              Mr. Tran Ngoc Ni -  Vice General Director

Deputy Prime Minister Nguyen Xuan Phuc has assigned the Ministry of Agriculture and Rural Development to closely monitor rice production and exports.

This will help ensure domestic food security and effectively manage export activities, given that prolonged and serious drought and saline intrusion are hitting major granaries in the country, particularly in the Mekong Delta.

This year, the delta expected to plant over 4.3 million hectares of rice fields, which would yield approximately 25.7 million tonnes of rice.

According to preliminary estimations, drought and saltwater have reduced the expected output by 700,000 tonnes, which are equivalent to 350,000 tonnes of rice.

In the first three months of this year, the country exported 1.59 million tonnes of rice.

For the whole year, the export volume is expected to remain at last year’s 6.5 million tonnes.

(Source: vietnamplus.vn)

Pepper shipments from Vietnam, the world's biggest producer, will likely rise 13 percent this year, pushing down export prices, according to the chairman of the nation's industry group.

Exports will climb to 150,000 metric tons from about 133,000 tons in 2015, Do Ha Nam, the chairman of the Vietnam Pepper Association, said in an interview. While production will also rise - by 10 percent to about 140,000 tons - he said output from the likes of India, Indonesia and Malaysia will probably decline because of the impact of El Nino, limiting the effect on global supply.

The average export price of Vietnamese pepper will drop from last year, while remaining higher than 2014, Nam said. The rate was about $9,500 a ton in 2015 and $7,750 the year before, customs data show.

"Vietnamese farmers still have relatively strong capability of controlling prices so prices may not fall much," Nam said Feb. 26 in a phone interview from Ho Chi Minh City. "Growers are still making huge profits so they aren't holding back sales."

The area of pepper plantings will rise to 100,000 hectares (250,000 acres) this year, from 80,000 to 85,000 hectares last year, he said. The new vines will take three years to come into production, eventually dragging on prices, he said.

Khoa Le

Source: The Salt Lake Tribune