Indonesian state-owned trading company PT Perusahaan Perdagangan and Russian state-owned company Rostec have signed a memorandum of understanding to barter Indonesian agricultural commodities for Russian jet fighters. “The barter deal, which is under the supervision of the two governments, will involve 11 Sukhoi SU-35 jet fighters and several commodities like coffee, palm oil, tea and
Hoang Anh Gia Lai (HAGL), which last month became the first company to officially export bananas from Cambodia, has secured more orders for the fruit and will ship another 100 tonnes of bananas from its plantations in Ratanakkiri province today, a company representative said. The order will be transported overland to port facilities in Vietnam
South Korea’s leading processed food producer completed work on a chili pepper plant in Vietnam that could help local famers earn stable income. The plant, built in cooperation with the Korea International Cooperation Agency (KOICA) as part of the Creating Shared Value program, has all necessary facilities to clean, process, and store the spicy powders.
Breeding shrimp together with other aquatic products is preventing disease without using chemicals and providing sustainable results for farmers in the central coastal province of Phú Yên. To limit the epidemic and environmental pollution, shrimp breeders have been breeding shrimp with other aquatic products, such as blue crab, tilapia. You can read the whole article
IT IS AMAZING how the Loop restaurant has turned food waste from supermarkets into a business by convincing its customers that ingredients that would otherwise be thrown out at the end of the day can still taste good. Pauli Hakala, chef and founder of the Loop in Helsinki, Finland, gets vegetables, mushrooms and other raw
Jakarta. Six foreign furniture companies with combined annual exports of $300 million have relocated their factories to Vietnam from Indonesia over the past 18 months due to cheaper labor costs and lax business regulations. “With our competitiveness weakening, and the cost of production here more expensive, [furniture companies] prefer Vietnam,” said Abdul Sobur, the deputy chairman for
Researchers in China have developed a genetic engineering approach capable of delivering many genes at once and used it to make rice endosperm — seed tissue that provides nutrients to the developing plant embryo — produce high levels of antioxidant-boosting pigments called anthocyanins. The resulting purple endosperm rice holds potential for decreasing the risk of
China is gobbling up major seed businesses to satisfy its growing appetite for food firms. Two weeks ago, state-owned ChemChina finalized its $44 billion purchase of the Swiss pesticides and seeds giant, Syngenta. It was China’s biggest foreign takeover of all time. You can read the whole article here.