Economy 24h: Bumper crop but falling prices, farmers in An Giang have to sell sweet potatoes at a loss

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Sweet potatoes fall in price, farmers in An Giang have to sell at a loss; Ho Chi Minh City promotes chain linkages, builds a clean food ecosystem;...

Sweet potato prices fall, farmers in An Giang have to sell at a loss

Sweet potato prices in Long Thanh commune (An Giang) have dropped sharply, only about 150,000 - 210,000 VND/quintal, causing many farmers, even with a bumper crop, to sell at a loss. Many households have lost tens to more than 100 million VND due to production costs far exceeding revenue from selling sweet potatoes.

Trúng mùa khoai lang nhưng rớt giá, nông dân đành bán lỗ. Ảnh: Nam Phương
Bumper sweet potato season but falling prices, farmers have to sell at a loss. Photo: Nam Phuong

According to Long Thanh Commune People's Committee (An Giang province), sweet potatoes are also a crop that brings high economic efficiency. However, the output of sweet potatoes still depends on the market and traders because at times the price of sweet potatoes dropped very low, only about a few hundred VND/kg, so the locality is continuing to promote consumption links with businesses.

To support farmers, Long Thanh commune will continue to promote consumption links with businesses, develop specialized farming areas according to safety standards, build OCOP products, apply digital transformation, trace origin, and at the same time train techniques, reduce production costs and upgrade infrastructure to serve agricultural product consumption. See more...

Ho Chi Minh City promotes chain linkages, builds a clean food ecosystem

Cooperation chains in Ho Chi Minh City are joining hands to expand the "Responsibility Green Pick" program to develop sustainable supply chains. Video: Ngoc Le

Stock investors increasingly find it difficult to make profits

The stock market continued to fluctuate strongly as selling pressure prevailed. Although bottom-fishing demand helped VN-Index recover at times, the upward momentum quickly weakened due to profit-taking pressure. At the end of the week, VN-Index decreased by 40.89 points to 1,787.45 points, while liquidity and trading value both decreased compared to the previous week.

During the week, VBB shares of Vietnam Thuong Tin Commercial Joint Stock Bank debuted on HOSE and increased by more than 9% after the first trading week but liquidity was low. The energy and real estate groups were the sectors that decreased the most, while most stocks that increased in price also only achieved modest increases, showing that investors are increasingly difficult to find short-term profits.

In the second half of 2026, many experts believe that investors need to monitor three main factors including the developments of conflicts in the Middle East, the net selling trend of foreign investors and the domestic interest rate level. If these factors do not develop more negatively than expected, in the context of continued economic growth, positive corporate profits and attractive market valuation, Vietnamese stocks will still have more room for growth. See more...

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