From the price of 220,000 VND / kg to 46-48,000 VND / kg, the land of billionaire pepper now becomes a burden. Many billionaires in the “capital” of Gia Lai pepper racing in the whirlwind of “black gold” have momentarily turned into a “bad debt” … Borrowing billions, the debt does not know when to […]
Category Archives: Vietnam pepper
In the first quarter of 2019, domestic pepper prices fluctuated in the downward trend with a decrease of 6,000 – 6,500 VND / kg. Pepper prices plummeted due to too much output, which led to oversupply. In the first week of April, pepper prices in the market continued to fall further from VND 500 – […]
Remember, about five years ago, I wrote a series of articles about the people in the Central Highlands cut off smallholder rubber trees to grow pepper because then, the price of pepper was at its peak (200-250 thousand VND / kg. ), while the price of rubber is … plummeting without braking! Chopping rubber, planting […]
On April 22, at the headquarters of the People's Court of Dak Nong Province, the High Court of Ho Chi Minh City opened an appellate hearing to hear the case of “Violating the regulations on food safety” in the line mixed with coal battery dye. pepper to make a profit. The defendants at the appellate […]
On April 22, in Dak Nong, Senior People's Court in TP. HCM opened an appellate trial hearing the case “Violation of regulations on food safety”. Photos at Ms. Loan's facility. Earlier, at the end of 2018, in the first instance, the People's Court of Dak Nong sentenced the defendants Phan Thi Dung (SN 1962, resident […]
At the review conference of pepper year 2018-2019 organized by Vietnam Pepper Association (VPA) on May 10 in Ho Chi Minh City, Mr. Nguyen Nam Hai, VPA President, said that in 2018 pepper prices will maintain. If it is around VND 55,000-60,000 / kg, it will continue to decrease to around VND 41,000 / kg, […]
Previously, the price of domestic pepper was up to 250,000 VND / kg, now it drops to only 41,000 VND / kg. This has caused pepper growers to fall into a price crisis, only those who grow pepper self-harvest a little profit, while hiring harvesting workers as losses. According to the International Pepper Association, in […]
On the afternoon of May 10, a working session between the State Bank and Gia Lai province took place on solving difficulties for people lending to grow pepper at the headquarters of the State Bank of Gia Lai Province. Attending the meeting, on the side of the State Bank, there were Deputy Governor Dao Minh […]
That is a remark mentioned by the Vietnam Pepper Association (VPA) at the “Conference on summarizing the pepper year 2018 orientation of the mission plan 2019,” organized by VPA over the weekend in Ho Chi Minh City. According to Mr. Nguyen Nam Hai, VPA President, the most visible picture of Vietnam's pepper market throughout 2018 […]
More than 6,500 hectares of pepper in Gia Lai have died, causing the total amount of overdue debts of the farmers in the province at credit institutions to exceed 2,000 billion VND, of which hundreds of billion VND have been converted to bad debts. This situation not only makes pepper growers miserable, but also the […]