In the global rice market, 2023/24 production is nearly unchanged from last month, forecast at a record 518.1 million tons, as upward revisions for Colombia and North Korea were almost fully offset by reductions for Japan, Argentina, and the United States.   Total global rice supplies in 2023/24 of 691.0 million tons are up 676,000 tons from the previous forecast, mostly due to a larger carryin by Indonesia, with total global supplies contracting for a second consecutive year. Global domestic and residual use in 2023/24 is projected at a record 523.5 million tons, up 806,000 from the previous forecast, with Indonesia accounting for the largest increase. Global ending stocks in 2023/24 are projected at 167.5 million tons, 130,000 tons below the previous forecast and 5.4 million tons smaller than a year earlier, with China accounting for the largest share of this month’s downward revision. These are the smallest global ending stocks since 2017/18.   Global trade forecasts for both calendar years 2023 and 2024 are raised this month, with 2024 export forecasts increased for Cambodia, China, the United States, and Vietnam. The stronger trade forecast for both years is mostly due to higher import forecasts for Indonesia. Despite this month’s upward revisions, global rice trade in both 2023 and 2024 is forecast below 2022, mostly due to export restrictions by number-one exporter India that have reduced global exportable supplies and raised prices this summer.   After rising sharply in late summer, Thailand’s trading prices have declined due to a weaker baht. Price quotes from Vietnam are up slightly on strong demand from the Philippines and tighter supplies but remain below late-summer levels. South American export price quotes continue to rise. Price quotes for U.S. long-grain milled rice remain unchanged at near-recordhigh levels. Price quotes from sellers for California medium-grain milled rice have dropped about a third from last month’s record highs since the California harvest began in late September on an expected significantly larger crop.

  Vietnam’s plant-based agriculture is experiencing rapid growth and Vietnam is becoming a key player in global agriculture. Here’s what potential foreign investors should think about when considering entering Vietnam’s agricultural sector.   Vietnam has been selected by the United Nations to host the 4th Global Conference of the One Planet Network’s Sustainable Food Systems Programme in April this year. This will bring together experts from around the world to discuss how best to develop ‘sustainable, resilient, healthy, and inclusive food systems’.   At the same time, the World Economic Forum (WEF) has selected Vietnam as one of the first three countries to pilot the Food Innovation Hub, a flagship initiative of the Food Action Alliance designed to improve sustainability in food production.   As Vietnam becomes more visible on the global agricultural stage, we take a look at sector exports, opportunities for foreign investors, and some of the growth challenges moving forward.     In 2022, Vietnam’s agricultural sector experienced its highest growth in recent years reaching 3.36 percent. Of this figure, farming increased by 2.88 percent, fisheries increased by 4.43 percent, and forestry increased by 6.13 percent. The export turnover of the whole industry was over US$53.22 billion.   Vietnam currently exports a broad range of agricultural products all over the world. Its main exports are cashewnuts, coffee, and rice – accounting for just over US$5.7 billion worth of agricultural exports in 2021.

  Limes are small, green, and more tart than lemons, which are larger, oval-shaped, and yellow. Nutritionally, they’re almost identical and share many of the same potential health benefits.   Lemons and limes are some of the most popular citrus fruits in the world.   Though they have a lot in common, they’re also distinctly different.   What are lemons and limes? Lemons and limes are two kinds of fruit that — though genetically different — are closely related.   Some experts believe that lemons were created as a hybrid of lime and citron — a large, thick-rinded citrus fruit. However, this is merely one of many origin theories .   Both lemons and limes — as well as oranges, tangerines, citron, and grapefruit — belong to the broader category of citrus fruit.   Lemons and limes are now grown all over the world. Yet, lemons — formally known as Citrus limon — are typically grown in moderate climates, while limes — or Citrus aurantifolia — grow better in tropical and subtropical regions .   Both fresh and processed forms of lemons and limes are utilized in a number of different industries.   These two fruits are well known for their acidic, sour flavor and featured in a variety of culinary applications around the world. They may be used in cooking, food preservation, or simply to impart flavor.   The essential oils of lemons and limes are often used for cosmetic and medicinal purposes. They’re also included in many household cleaning products for their fragrance and antibacterial properties.

  In 2022, Vietnam’s merchandise trade with Asia will reach 475,29 billion USD, up 9,6% compared to 2021, continuing to account for the highest proportion (65,1%) in the total value—import and export of the country.     1.      Overview:   In 2022, the total import-export value of Vietnam's goods reached 730,2 billion USD, up 9,1% (equivalent to 61.2 billion USD) compared to 2021. The export value is 371,3 billion USD, up 10,5%, corresponding to 35,14 billion USD increase over the previous year; import value was 358,9 billion USD, up 7,8%, equivalent to 26,06 billion USD.   The balance of trade in goods for the whole year 2022 reached 12,4 billion USD, The General Department of Customs recorded the total import and export value of foreign direct investment (FDI) enterprises in 2022 to USD 506.83 billion, up 9,3% (equivalent to USD 43,22 billion) compared to 2021. The export of goods of FDI enterprises in 2022 of FDI enterprises to USD 273,63 billion, an increase of 11,6% (equivalent to an increase of USD 28,5 billion) compared to 2021. It accounted for 73,7 % of total export value of the country.   2.       Import-Export Market   In 2022, Vietnam's merchandise trade with Asia reached 475,29 billion USD, up 9.,% compared to 2021, continuing to account for the highest proportion (65,1%) in the total value—import and export of the country.   The import-export value between Vietnam and other continents is respectively: the Americas: 153,73 billion USD, up 10,5%; Europe: 75,45 billion USD, up 2,8%; Oceania: 17,62 billion USD, up 24,3% and Africa: 8,1 billion USD, down 3,9% compared to 2021.   3.       Export   In 2022, the total export value of Vietnam reached 371.3 billion USD, up 10.5%, corresponding to 35,14 billion USD increase over the previous year. Which, other machinery, equipment, tools, and spare parts increased by 7,43 billion USD; footwear of all kinds increased by 6,15 billion USD; textiles and garments increased by 4,82 billion USD; computers, electronic products, and components increased by 4,74 billion USD; seafood increased by 2,04 billion USD.  

  Vietnamese stores and products are a rarity in Kuwait although the trade exchange between the two countries has been witnessing remarkable development in recent years. In 2022, Vietnam exported goods worth $500 million to Kuwait, including, but not limited to, textiles, agricultural products, electronics, and manufactured goods. When compared to other Southeast Asian products sold in the country, Vietnamese products in Kuwaiti supermarkets remain severely limited.   One Kuwaiti national has made it his mission to change this. Growing up, Louay Al-Qattan dreamed of traveling, and he learned about Vietnam largely through Western media. Although he claims that the way Vietnam is depicted in films is wildly different from reality, they prompted him to explore this charming country. “I loved Vietnam from my first visit, and I dreamed of bringing her to my own country with pride, love, and enthusiasm,” recounts Al-Qattan.   With high hopes to introduce the novelty of Vietnamese products in Kuwait, he opened a modest shop in the shopping area of Al-Zahraa Cooperative Society. As of 2018, Al Zahraa has a population of over 30,000 people with a cooperative to sell products and provide services to the population. Al-Qattan picked the cooperative association as the first place to promote quality Vietnamese products, thanks to its size and the presence of an area designated for merchandise promotion. His pavilion sells high-quality food and drinks and offers exceptional Vietnamese coffee, tea, and everything from chocolate to lotus jam to wooden sticks. Al-Qattan even took part in an event to promote his kiosk before Ramadan. Adorned with banners and conical hats shaped from palm leaves, the tiny pavilion is an interesting creation that displays Vietnam’s unique culture.   Apart from owning a tourism service company, Al-Qattan believes he has a lot to do for Vietnam. Thanks to his efforts, the Vietnamese Embassy and Commercial Office in Kuwait provided him with facilities to participate in meetings and get-togethers with Vietnamese businessmen and citizens in Kuwait. He took advantage of these opportunities to share his feelings about the beautiful country which holds a special place in his heart.   With the support of representative offices of Vietnam in Kuwait, Al-Qattan communicated with the coffee, chocolate, and wooden agarwood companies in Vietnam, He came across the opportunity when the companies displayed their products at the Kuwait Horeca 2023 exhibition, a significant event for the restaurant, hotel, and café industries in Kuwait. The presentation was held at the Kuwait International Exhibition Center from 6 to 8 March.   Al-Qattan said, “I was allowed to display the products of Vietnamese companies and decorate the pavilion with special materials. I also made a t-shirt for my children, with ‘Vietnam’ written on it. After school, they would bring a tray of Vietnamese coffee and wander around the commercial area. If someone wanted to try a new type of coffee, they would ask us about its origin.”   Owing to his commercial experiences in Kuwait, Al-Qattan pointed out the need to identify reliable information channels to push tourism and trade in Vietnam and introduce more Vietnamese products in Kuwait.   He added, “To promote the image of Vietnam, we must focus on people who have traveled to Vietnam. Even if they are not famous, they may have millions of followers, and they can contribute to spreading information because these followers have great confidence in them.”   “Only if the people working in the tourism sector talk about what Vietnam has to offer, will those who love Vietnam talk about the country with their sincere feelings, something Kuwaitis always love to listen to. Once we find a group of people who share our love for Vietnam, then promoting products is easy,” stated Al-Qattan, after emphasizing that feelings and love for a certain thing are what make all the difference.   He talked about how cooperative societies in Kuwait enjoyed a high competitive ability, as the same product could be expensive in one place and cheap in another. He said that Vietnamese products would help cooperatives attract more visitors, and through them, information would spread quickly. “I want to create a pavilion of Vietnamese goods, and only from there do I want to lay a foundation for the expansion of Vietnamese products in Kuwait in the future,” he stated.   Al- Qattan also talked about all the experiences and knowledge he had amassed through his travels, like when he learned of Vietnam’s expertise in growing and exporting coffee during his visit to the Son La Province along with Hanoi and Ho Chi Minh City.   He also recalled how the image of the ‘cyclo’- a three-wheeled bicycle taxi in the streets of Hanoi left a strong impression on him and led to his goal of creating a pavilion of Vietnamese products in Kuwait with the image of the cyclo imprinted.   Louay Al-Qattan plans on returning to Vietnam in September and hopes to visit  

  Coffee grounds are a valuable source of raw materials but have not been applied much in life. Utilizing grounds sources in production can create a variety of products from coffee grounds with outstanding characteristics. However, not everyone knows what products from coffee grounds are currently on the market.   Raw materials for producing products from coffee grounds What are coffee bioplastics? Coffee bio-composite is a source of raw materials used for the production of bioplastic products. Coffee bioplastics are made from two main materials: coffee grounds and PP plastic. Because bioplastic beads contain coffee grounds, they have the ability to completely decompose in the natural environment when buried.   Bioplastic granules are used as raw materials to produce products from coffee grounds The birth of bioplastic pellets is to provide manufacturers with an optimal source of raw materials that can replace conventional plastic pellets on the market today. Coffee bioplastics are used to produce a variety of products in life. Each product from coffee grounds will have its own unique characteristics, but they still have some similarities.   General characteristics of products from coffee grounds 1. Biodegradability Biodegradability is one of the highlights that products made from coffee grounds do much better than regular plastic products. 6 months to 12 months is the time it takes for a product made from coffee grounds to decompose in a favorable environment. It will decompose into water, CO2 or biomass, these inorganic substances are very beneficial for the soil and plant environment.   Products made from coffee grounds with biodegradability create environmental friendliness Currently, biodegradation is an element that natural products need to have because of the environmental friendliness they bring. Shorten the decomposition time from several hundred years to a few years. Thereby reducing the amount of plastic waste that exists outside in nature every day, protecting both the earth and us   2. Carrying the scent and color of coffee Each product made from coffee grounds will carry an attractive and special coffee scent, creating a feeling of closeness to nature and mental comfort. The products also possess the characteristic brown color of coffee.   Products made from coffee grounds have an attractive coffee scent   3. Retains PP plastic properties Although products from coffee grounds are sourced from renewable materials, the product quality is not reduced because it still has PP plastic characteristics of durability, high impact resistance, and heat resistance. Each individual product made from coffee bioplastic beads not only retains the same characteristics as products of the same type but also carries additional outstanding features that bioplastics bring.   4. Contains no harmful substances Another worthy reason to use products from coffee grounds is the safety for the user's health. The product contains absolutely no toxic substances harmful to humans such as BPA, Styrene, colorants or phthalates. The above substances will cause many dangerous diseases such as cancer, stomach diseases, immunodeficiency...   9 popular coffee grounds products today Products made from coffee grounds are still new on the market today, but there are still products that receive a lot of attention and are purchased in large quantities from customers. Knowing about products from coffee grounds will give you more options to use safe and environmentally friendly biological products. All products below are made from coffee bioplastic beads with outstanding advantages.   1. Togo cups As a product that receives a lot of attention and love from customers, to-go cups include a body and a lid, extremely suitable for storing take-away drinks, and can be reused many times to help limit Avoid using disposable plastic cups. With its luxurious brown color and embossed design, this is also considered a meaningful gift. Because it is made from coffee bioplastic, togo cups also retain heat for drinks longer.   2. Cup from coffee grounds The next product made from coffee grounds that is also warmly welcomed by customers is a cup made from coffee grounds. In terms of characteristics, this cup is not too different from the to-go cup. Cups made from coffee grounds can be used at the desk or taken to a cafe for drinks instead of cups at the shop. 400ml capacity and unique power button handle design to avoid falling.   3. Coffee bio-plastic ballpoint pen The biological ballpoint pen product made from coffee grounds is convenient and can be used anywhere when needed. Pen shell: made of coffee bioplastic, natural coffee brown color, biodegradable, environmentally friendly. Does not contain toxic substances that are dangerous to the health of people who have the habit of biting pens.   4. Coffee biological straws Coffee bio straws are a replacement for regular plastic straws. Like plastic straws, coffee bio straws possess a certain flexibility, do not break and are better than plastic straws in that they can decompose quickly and are beneficial to nature.   5. Coffee bio-waste bag Garbage bags made from coffee grounds possess a certain flexibility and toughness, and do not contain toxic substances such as lead found in traditional plastic. Using coffee bio-waste bags instead of plastic trash bags is a right decision in prioritizing the use of products from coffee grounds and contributing to environmental protection from plastic waste.   6. Coffee bio-nonwoven fabric Nonwoven fabric is a product of interest today because of the convenience it brings. Coffee bio-nonwoven fabric was born to meet the needs of users. The application of coffee nonwoven fabric can create a variety of products with standard quality with good properties of absorbency, softness and fire resistance.   7. Disposable plastic coffee cups Disposable plastic coffee cups are a product made from coffee grounds newly launched on the market. Considered a modern version and following the green trend, disposable plastic coffee cups are no different from other disposable plastic cups but bring positive effects to the earth when thrown away. Disposable bioplastic coffee cups do not release toxic chemicals when in direct contact with hot drinks, protecting human health.   8. Knife, spoon, fork set We are no strangers to disposable dining utensils such as knives, spoons, and forks. With high frequency of use every day, the amount of plastic waste they generate is huge. Knife, spoon, and fork sets made from coffee grounds will be the solution to the above situation. A delicious box of food paired with products made from coffee grounds is not only a delicious meal but is also meaningful to the environment.   9. Personal hygiene products Products from coffee grounds are also present in your daily personal hygiene routine such as brushes and razors made from coffee bioplastic beads.