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Vietnam Farmers To Receive $40M In Carbon Credit Payments Through Low-Emission Rice Project

byTheodora Stankova Farmers in Vietnam’s Mekong Delta are set to receive nearly $40 million (1,000 billion VND) in carbon credit payments through the country’s 1-million-hectare low-emission rice initiative, Vietnamnet reported on Tuesday. The project, named “One Million Hectares High Quality and Low-Carbon Rice in the MekongDelta” (or 1M Ha Project) and backed by the Transformative […]

Basmati rice exports surge after floor price removed

By Reuters Synopsis India’s removal of the floor price for basmati rice exports is expected to boost orders from the Middle East, Europe, and the Americas. This policy change allows Indian exporters to offer more competitive prices globally, potentially increasing export volumes. India’s basmati rice production is also anticipated to rise by 10-12% this year […]

Nature Meets Technology In TeamLab’s Latest Museum Exhibit Transforming Japan’s Rice Terraces

Discover Hidden Traces of Rice Terraces, a breathtaking nighttime digital art experience in Ibaraki, Japan, transforming nature into immersive art. A groundbreaking new art experience is about to take root in Ibaraki, Japan, as the highly anticipated permanent exhibition Hidden Traces of Rice Terraces is set to debut on September 30, 2024. This immersive installation, […]

Việt Nam, WB look to reduce emissions in rice cultivation

Deputy Minister of Agriculture and Rural Development Trần Thanh Nam met with a World Bank (WB) delegation to discuss preparations for signing the Emission Reduction Payment Agreement (ERPA) with the Transformative Carbon Asset Facility (TCAF). HÀ NỘI — Deputy Minister of Agriculture and Rural Development Trần Thanh Nam on Monday met with a World Bank […]

Rice inflation to persist despite harvest, as prices rise over 20% on year

By Akemi TerukinaBloomberg Bags of rice are expected to start filling the shelves of Japan’s supermarkets again soon as farmers harvest their new crop, though the increase in supply will do little to tame higher prices. The nation’s commercial rice stockpiles — already depleted after hot weather baked the 2023 crop — shrunk to their […]

India’s basmati rice exports surge after decision to remove floor price

India and Pakistan are the only growers of premium-grade basmati rice, and the Indian restrictions helped Pakistan gain market share in some categories. Reuters NEW DELHI/ MUMBAI India’s decision to remove the floor price for basmati rice exports is expected to spur a flurry of orders from the Middle East, Europe, and the Americas, leading […]

‘Rice from Vietnam offered lowest in Indonesia’s tender’

HAMBURG: The lowest price offered in the international tender from Indonesian state purchasing agency Bulog buy about 450,000 metric tons of rice was estimated at $539.30 a ton cost and freight (c&f) for rice expected to be sourced from either Vietnam or Myanmar, European traders said on Monday. The lowest offer was said to have […]

Vietnam, WB look to reduce emissions in rice cultivation

Deputy Minister of Agriculture and Rural Development Tran Thanh Nam on September 23 met with a World Bank (WB) delegation to discuss preparations for signing the Emission Reduction Payment Agreement (ERPA) with the Transformative Carbon Asset Facility (TCAF). Hanoi (VNA) – Deputy Minister of Agriculture and Rural Development Tran Thanh Nam on September 23 met […]

Rice tariff collections breach P25 billion

Jasper Emmanuel Arcalas – The Philippine Star MANILA, Philippines — The government has collected at least P25 billion in tariffs from over 2.8 million metric tons (MT) of imported rice from January to August, latest Bureau of Customs (BOC) data showed. BOC data showed rice tariff collections during the eight-month period reached P25.767 billion, about […]