Australia’s biggest rice producer interested in Vietnam’s emission reduction efforts
In recent years, SunRice has collaborated with the Australian Centre for International Agricultural Research (ACIAR) to research new high-yield rice varieties for cultivation in Vietnam and export to markets such as Australia, New Zealand, the Middle East, and others.
Vietnamese Ambassador to Australia Pham Hung Tam (R) meets Anthony McFarlane, Head of Corporate Affairs at SunRice (Photo: VNA)
Sydney (VNA)💮 - Sunrice Group, Australia's largest rice producer and distributor which accounts for about 90% of the country’s rice market share, has shown its interest in Vietnam's efforts to reduce carbon emissions, including the project on planting 1 million hectares of high-quality, low-emission rice in the Mekong Delta by 2030.
Anthony McFarlane, Head of Corporate Affairs at the group, had a meeting with Vietnamese Ambassador to Australia Pham Hung Tam in Canberra on February 7.
In recent years, SunRice has collaborated with the Australian Centre for International Agricultural Research (ACIAR) to research new high-yield rice varieties for cultivation in Vietnam and export to markets such as Australia, New Zealand, the Middle East, and others. They have also focused on raising farmers' awareness about the rice value chain, reducing pesticide residues, and promoting the development of biochar.
Appreciating Sunrice's activities in Vietnam, Tam encouraged the group to contribute to the project on planting 1 million hectares of high-quality, low-emission rice associated with green growth in the Mekong Delta by 2030.
The Vietnamese Embassy in Australia is ready to support the group in any way possible to facilitate its business activities in Vietnam, aiming for outcomes beneficial to both sides, he affirmed./.
By mid-January, Vietnam had exported 268,700 tonnes of rice, generating nearly 165.7 million USD, up 38.7% in volume and 23.28% in value year-on-year. To sustain exports, authorities are prioritising trade promotion, with the Ministry of Industry and Trade implementing measures to boost rice exports.
Vietnam's rice exports from January 1 to 15 reached 268,700 tonnes, valued at nearly 165.7 million USD, marking increases of 38.7% in volume and 23.28% in value year-on-year, according to the Vietnam Food Association (VFA).
Vietnam’s rice exports to Singapore recorded significant growth in 2024, cementing Vietnam’s position as the third-largest rice supplier of the city state, according to the Vietnam Trade Office in Singapore.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.