31 Aug 2012 Intellasia Finance Vietnam - Hong Kong Business ...

BUSINESS
Vietnam finance & business 31 August 2012
HCM City Pilots
Crocodile Breeding
Programme For
Leather
Company licensed to
planttrees in Laos
Tra fish exports likely
to rise in third quarter
31/AUG/2012 INTELLASIA | TUOI TRE
HCM City's Department of Agriculture and Rural Development has launched a pilot
programme on raising crocodiles for skin export at a farm in Cu Chi District.
Some 2,000 crocodiles of pure freshwater breeds will be raised at Ton Phat Crocodile
Farm.
Presently, popular breeds are a mixture of freshwater and saltwater crocodiles.
Besides, for commercial crocodile farming, the animals must be raised separately from
one another and provided with clean water periodically, said Le Minh Dung, deputy
director of the department.
The programme is aimed at improving the quality of crocodile skins so that they can
meet required standards to be exported to Japan and European nations.
HCM City is now home to some 170,000 crocodiles being raised in 39 hectares of specialised
farms for commercial purposes.
http://stoxplus.com/News/89593/1/188/hcmc-pilots-crocodile-breeding-programmefor-leather.stox
31/AUG/2012 INTELLASIA | VNA
A Vietnamese company has received permission from the Lao government to plant
rubber trees in the Lao province of Savannakhet.
Lao deputy minister of Planning and Investment Bounthavy Sisouphanthong singed
an agreement to this effect with Thai Hoa Lao company's director Le Quang Dao in Vientiane
on August 29.
Under the agreement, the Thai Hoa-Lao company, an affiliate of Thai Hoa Group, will
lease an additional 1,000 hectares to carry out a 22 million-USD project on rubber plantation
and construction of a processing plant in Noong district.
Thai Hoa group has invested in Laos since 2000, mainly in rubber and coffee planting
and processing rubber latex for export.
http://en.vietnamplus.vn/Home/Company-licensed-to-planttrees-in-Laos/20128/
28283.vnplus
31/AUG/2012 INTELLASIA | VNS
Tra fish exports are expected to increase by the end of the third quarter thanks to high
demand from the international market, according to the Vietnam Association of Seafood
Exporters and Producers (VASEP).
The increase is largely due to a higher volume of tra fish purchases by foreign importers
to meet high demand during holidays at the end of the year.
VASEP forecasts that tra fish exports in the third quarter will increase by 12 per cent
against the second quarter, reaching an export value of $480 million.
Tra fish contributes 26.3 per cent to the nation's total seafood export turnover. Total export
turnover of tra fish this year would likely reach $1.8-2 billion, the association's
general secretary Truong Dinh Hoe has said.
Hoe said that the price of tra fish was increasing, proving that global demand remained
high. He added that the export-turnover goal for the year was reachable if the
industry maintained tra fish quality and kept the same number of partners.
The US, the EU and Southeast Asia continue to be the biggest markets for Vietnamese
tra fish.
VASEP said that since the end of the second quarter, tra fish exports had increased by
27-30 per cent in the US, and by 30-40 per cent in Southeast Asia.
In the two first quarters of the year, tra fish exports did not gain a good result due to
the global recession. In the first quarter, the export value year-on-year increased by 13
per cent, and in the second quarter, it rose only 6 per cent, reaching $428 million.
For the first six months of the year, the export value of tra fish was $854 million yearon-year,
up by only 3 per cent.
http://vietnamnews.vnagency.com.vn/Economy/229541/tra-fish-exports-likely-torise-in-third-quarter.html
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