jackfruit prices in Vinh Long have dropped sharply, selling 1 fruit is just enough to buy a plate of rice
jackfruit, once considered an easy-to-sell, easy-to-make crop, now has a very low selling price, causing difficulties for growers.
Mr. Nguyen Van Hung, in Tra On commune, said that type 1 jackfruit is currently priced at only 4,000 - 6,000 VND/kg, while jackfruit is only 2,000 - 2,500 VND/kg. With an average weight of 7 - 10kg per fruit, farmers sell a jackfruit for just one plate of rice.
According to Mr. Hung, jackfruit trees usually take 1.5 to 2 years to start bearing stable fruit. During the care process, jackfruit is prone to phagocytosis, rot or flies, if not closely monitored, the whole pair will be damaged.
"The jackfruit garden is in good fruit season, but only selectively harvested, keeping most of it waiting for prices to increase" - Mr. Hung said. See more...
To produce gold bars, there must be a charter capital of VND1,000 billion
The Government is seeking opinions on a draft Decree amending and supplementing a number of articles of Decree 24/2012/ND-CP on management of gold trading activities. The draft proposes a series of new regulations to tighten conditions for trading gold bars and control transactions related to gold more closely.
According to the draft, gold bar production and gold bar trading continue to be conditional business lines. Only enterprises and commercial banks that fully meet the strict criteria will be considered by the State Bank for a license to produce gold bars.
Accordingly, enterprises that want to be granted a Gold bar production license must have a Business License for buying and selling gold bars; have a charter capital of VND 1,000 billion or more; not be subject to administrative sanctions or have remedied the consequences of the violation (if any); have internal procedures to regulate the production of gold bars. See more...
Customs in Cha Lo increased sharply, Border Guards worked at full capacity
Gasoline prices are expected to reverse down
World oil prices increased sharply in the trading session at the end of last week. According to analysts, oil demand is being driven by the peak period of oil refining in the summer to meet travel and electricity production needs.
The Ministry of Industry and Trade said that the world petroleum market will be affected by main factors such as: escalating tensions in the Red Sea area; information about the new US import tax policy on goods from trading partners... The above factors have caused world petroleum prices in recent days to fluctuate up and down depending on each item.
For the domestic market, according to a representative of a petroleum business, prices will fluctuate according to the world petroleum situation. According to current market developments, it is forecasted that in the next price management period, retail prices of gasoline may have a slight adjustment in the direction of decreasing gasoline prices and increasing oil prices, but the fluctuations are not significant. See more...
