Vietnam Food Association has just informed the price of Vietnamese 5-percent broken rice passes that of Thailand, becoming the leader in this segment, a milestone in the national target for rice export.
About 6.07 million tons of rice worth US$2.94 billion was exported in the first 10 months of 2022, up 17.2% in volume and 7.4% in value year on year, according to the Ministry of Agriculture and Rural Development (MARD).
The southern region should prioritize rice varieties with high quality and yields for export in the upcoming winter-spring rice, Deputy Minister of Agriculture and Rural Development Le Quoc Doanh has said.
Vietnamese rice exporters have a great opportunity to dominate the market share in the Southeast Asian market in particular and the world in general. However, Vietnamese rice grain is still presently struggling to find its position in rice export.
Rice farmers in Mekong Delta rejoiced as the ongoing winter-spring crops yielded big gains, while domestic agricultural authorities work towards a near future where Vietnamese rice dominates markets worldwide.
Cambodia exported 536,305 tonnes of milled rice in the first 10 months of this year, a 17 percent increase compared to the same period last year, despite serious floods over the past month.
Prime Minister Nguyen Xuan Phuc has approved the resumption of rice export provided that food security must be guaranteed amidst the COVID-19 pandemic, drought and saltwater intrusion.
The Ministry of Agriculture and Rural Development (MARD) on March 27 held an online meeting to summarize preliminarily the winter-spring rice crop, deploy the production plan for the summer-autumn, winter, and autumn-winter rice crops this year in Southern and Mekong Delta provinces.
Rice is one of the rare commodities that is not being seriously affected by the COVID-19 pandemic, with both export volume and value increasing in the first two months of 2020.
Cambodia is set to export rice to South Africa, a new market, in the time ahead as a milled rice exporter has signed an export memorandum of understanding (MoU) with a partner from South Africa.
Chinese authorities have agreed to speed up the review of applications of 40 Cambodian firms that want to export rice to the Chinese market, according to local media.
The Ministry of Agriculture and Rural Development yesterday held a meeting between Vietnamese exporters with a delegation of Food Valley of China (FVC) to exchange information about expanding export market of the two nations.
China was the largest rice export market of Vietnam in 2018, accounting for 23.7 percent of the market share, reported the Ministry of Agriculture and Rural Development.
The introduction of Vietnam rice logo within the framework of the third Rice Festival in Long An province is expected to create an appropriate foothold for Vietnamese rice in the world market.
The Ministry of Industry and Trade yesterday organized a conference to popularize Decree 107 on rice trading and export, saying the decree facilitate small and medium enterprises’ participation in rice export market.
The Government has been studying measures for the rice export industry to overcome challenges and support businesses to increase market share, said deputy minister of Industry and Trade Do Thang Hai yesterday.
After the Tet holidays, many businesses have rushed to resume operation to meet highly increasing export orders, signaling a prosper year for production activities.
