In recent years, Luc Yen district of Yen Bai province has issued many policies encouraging and assisting locals to develop many agricultural models which have proved fruitful.

YBO - The provincial People’s Committee held a Spring meeting on March 1 with local businesspeople and investors. This is an annual activity of the provincial authorities to meet with the business circle to share views for the common goal of development.

The February consumer price index (CPI) slipped 0.17 percent from the previous month due to falling demand for goods after Lunar New Year (Tet) holiday, falling petrol prices, and the coronavirus disease 2019 (COVID-19) outbreak, according to the General Statistics Office (GSO).

The Hello Mu Cang Chai Trade and Services Company Limited was inaugurated in La Pan Tan commune of Yen Bai province’s Mu Cang Chai district on February 25.

YBO - The total orange area of Luc Yen district, Yen Bai province, has surpassed 700 hectares, including about 600 hectares for harvest.

YBO - Since 2016, Tran Yen district in the northwestern province of Yen Bai has grown 1,767 hectares of Bat Do bamboo shoots, raising the total growing area of this plant to 3,360 hectares.

Japan has officially opened the door for Vietnamese lychee to directly enter this market in the 2020 crop, according to the Ministry of Agriculture and Rural Development (MARD). The Ministry of Agriculture, Forestry and Fisheries of Japan (MAFF) informed the MARD’s Plant Protection Department of its opening market for Vietnamese “thieu” lychee associated with regulations on plant quarantine in late December 2019.

The European Parliament (EP) on February 12 ratified the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA).

YBO - Yen Bai province’s export turnover reached 16.99 million USD in January, up 1.58 percent against the previous month and 34.16 percent year-on-year.

Politburo member, Deputy Prime Minister, Foreign Minister and Head of the National Steering Committee for ODA and preferential loans, Pham Binh Minh has directed the Ministry of Planning and Investment to complete the draft decree on the management and use of ODA capital and preferential loans, which must be submitted to the Government before February 20.

YBO - As a northern mountainous province, Yen Bai is endowed with favourable climate and soil conditions to develop well-known farm produce such as Tu Le sticky rice, Suoi Giang tea, Thac Ba lake fish, Van Yen cinnamon, Luc Yen and Van Chan oranges, Dai Minh grapefruit.

YBO - 2016 was designated as the “National Year of Startups” in Vietnam. Coming to 2019, the entrepreneurial spirit in Yen Bai province expanded to all-level authorities and sectors, forming a widespread startup movement.

The European Parliament (EP)’s Committee on International Trade (INTA) adopted recommendations for the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (IPA) in Brussels on January 21.

YBO - The significance of 2019 was defined by the Yen Bai provincial Party Committee through the promulgation of Action Programme No.144/CTr/TU on Feruary 15, 2019, under the theme of “Promoting three strategic breakthroughs: actively attracting investment, boosting entrepreneurship, and implementing rapid and sustainable poverty reduction”.

Pork price has reduced about VND10,000-20,000 a kilogram since December 28, 2019, reported the Ministry of Industry and Trade on Sunday.

The Ministry of Industry and Trade (MoIT) announced that Vietnam and South Korea had signed an export agreement of all types of rice grown by the former to the latter with a quota of more than 55,000 tons for Vietnam only.

YBO - In order to expand the market, introduce the agricultural products and seek for a stable market for products of Yen Bai, on December 6th, at Thanh Cong Hapromart Market, Ha Noi capital, Department of Trade and Industry of Yen Bai cooperated with Ha Noi Trade organize the week to introduce argricultural products of Yen Bai province.

Vietnam shipped to Taiwan (China) 14,200 tonnes of tea for over 22.5 million USD between January and September.