Vietnam Update – Oct 2015

ECONOMIC UPDATE

Vietnam’s GDP rose 6.81% in the third quarter of 2015, on par with the strong sequential gains of 6.12% and 6.47% during the first two quarters of the year1. The country’s economic growth climbed to 6.50% in the first nine months of 2015, driven mainly by the industry and construction sector, which increased 9.57% as compared to the same period last year1. Noticeably, the manufacturing subsector expanded 10.15% on strong Foreign Direct Investment (FDI) inflows into the electronics manufacturing and textile industries1.

Nikkei’s Purchasing Manager Index (PMI) contracted for the first time in two years, falling to 49.5 in Sep. The weaker PMI was primarily attributed to lower new orders, driven by sluggish global demand. On the contrary, the nine-month period has seen the Industrial Production Index expanding by 9.8%, much higher than the growth of 6.7% compared to the same period last year1 .

September’s Consumer Price Index (CPI) slid 0.21% MoM, and remains unchanged from last year1. Weak CPI was caused by decreased transportation costs resulting from two gasoline price cuts as well…

Read More

Duxton’s Agri Bits and Pieces Vol. 258

QUOTE OF THE WEEK

This week’s quote comes from Morningstar’s Perspectives series and highlights the opportunity for investment in agriculture given the El Niño weather patterns the world is experiencing.

“We are currently living in an exciting time for the agricultural equity market that has yet to be widely recognised by investors. We do not believe the market has adequately discounted the potential impact of El Niño…on agricultural commodity prices and what it could mean for upstream producers. While there are a number of influencing factors to supply and prices, we believe El Niño should be supportive…This could provide additional benefits at a time when we are already seeing compelling valuations in the sector with an earnings outlook that we believe is superior to the wider market.”

Read more: http://goo.gl/i6nHka

Line

ONLINE WINE SALES OUTPACE RETAIL WINE SALES

The days of popping to the local bottle store to pick up wine may be dwindling, as online sales boom.

According to the latest Rabobank Global Wine Quarterly report, growth of online wine sales are increasing and outpacing growth of sales in the traditional retail market. The…

Read More

Duxton’s Agri Bits and Pieces Vol. 257

QUOTE OF THE WEEK

This week’s quote comes from David Taylor, Chair of America’s National Association of Clean Water Agenices (NACWA) Water Quality Trading Workgroup and expresses the importance of establishing an efficient market for water.

“Faced with an ever-growing crisis on nutrient pollution and an environmental statute in need of updating to allow for more holistic, watershed-based approaches, the sector must look to further broaden the use of water quality trading and similar management approaches to find more opportunities for collaboration between point and nonpoint sources, including agriculture.”

Read more: http://goo.gl/XXWTqe

Line

CHINA LEADS THE WAY: INTERCROPPING FOR ECOLOGICAL AND ECONOMIC EFFICIENCY IN AGRICULTURE

Creating a sustainable agricultural system is one of the greatest concerns facing the world today.  Human population growth, degraded lands, and stagnating productivity gains are combining to produce a global agricultural emergency.  Past work has predicted that crop productivity will need to double to feed a growing population of 7 billion.  The solution will likely come from a combination of sources: altered dietary habits, technological breakthroughs, and more sustainable and efficient use of currently cultivated lands.

In recent years, ecologists…

Read More

Go to page: