The country was also the world’s second biggest rice exporter in volume and value.
In the first seven months of the year, the country’s rice export volume reached nearly 4 million tons with a value of US$2 billion, an increase of 11 percent in value and a decrease of 1.5 percent in volume over the same period in 2019.
On August 11, the 5-percent broken rice of Vietnam was priced at US$493 a ton while the 5-percent broken rice of Thailand was priced at US$473 a ton.
The price of 25 percent-broken rice of Vietnam hit US$468 a ton and the 25-percent broken rice of Thailand reached US$452 a ton.
According to some experts, improved rice quality and logistics infrastructure in addition to the Covid-19 outbreak has led to high import demand of countries and high export price of Vietnamese rice.