Fried and steamed: for U.S. rice exporter, grief in the Mekong Delta
Article Abstract:
American Rice-Vinafood, a rice-processing joint venture in the port city of Can Tho in the Mekong Delta, is one of many foreign companies operating in Vietnam trying to honour their investment licences. However following a government inspection, a report detailed alleged violations and they were ordered to pay a fine of 13.9 billion dong, and it was recommended that the venture be dissolved. The incident could threaten gradually improving US-Vietnam links, and illustrates the difficulties involved in doing business in Vietnam.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Problems in the paddy
Article Abstract:
Vietnam is enjoying a plentiful rice crop for the second straight year, but it faces many problems, especially concerning its export plans. Regional scarcities fuel inflation, while high overseas prices lead to smuggling of up to 600,000 tonnes annually, reducing the quantity available domestically. These troubles, plus changing land values, pests, and weather, have made Vietnam an unreliable supplier in both quantity and quality. Now it plans to turn most trading over to two new agencies, further fueling overseas fears.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Good pests, bad pesticides
Article Abstract:
The United Nations-run Integrated Pest Mgmt program is highly successful in Vietnam, where 150,000 farmers have been through its 14-week training sessions since they began in 1992. It shows farmers how to reduce pesticide use without degrading yield, and in fact the IPM-trained farmers average 1/3 the pesticide expense and 4% higher yield than others. They also report improved health, and they can start raising fish or shrimp in the rice fields. Vietnam wants to expand the $2 million program to other crops.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: SPH is back in favor as prices of newsprint seem to have peaked. Analysts in colony are less sanguine than U.S. firms about market's trend
- Abstracts: Chinese textile company spins tale of woe for investors. Rare opportunity in China. Poor earnings outlook hurts China stocks in Hong Kong
- Abstracts: The young and restless: Rao shuffles cabinet again ahead of elections. Among the believers: guru to the powerful casts shadow on Rao
- Abstracts: Beer on troubled waters: Singapore brewer decides Cambodia's worth the risk. Hidden costs: investors flock to Cambodia, but beware
- Abstracts: Facing new realities: politicians' spending clashes with need for fiscal discipline. Not to worry