Vietnam

Stronger GCC-ASEAN ties pledged

Vietnam President Nguyen Minh Triet, current chair of the Association of Southeast Asian Nations, pledged to bolster Saudi-ASEAN cooperation in view of ASEAN's reliance on the Gulf states' oil and the Gulf states' need for overseas farmland for their own food security.

Healthy balance at stake in plans for food security

UAE foreign investment in food production have so far focused on leasing Pakistan and Sudan’s agricultural land, with new prospects in Cambodian rice, Canadian wheat and Australian beef. Alongside the strategic deals at the national level, private investment has followed which should open new channels of trade, for example, Al Qudra Holding has plans to grow grain and vegetables in Vietnam and Croatia as well as Pakistan.

Agricultural investment firm opened

Saudi Arabia announces the launch of Agroinvest, which will focus on farm acquisitions abroad to grow wheat, rice, soybeans and other crops in Brazil, Vietnam, Indonesia, Philippines, Pakistan and Turkey

Charoen Pokphand pours Bt3 bn into Vietnam

Pursuing its strategy of penetrating the Middle East market, the company has set up a special committee to study the possibility to increase exports to the region. So far, the company has signed a farming contract with Bahrain for supplying food products.