PSNews - According to the Ministry of Agriculture and Rural Development, Vietnam’s rice exports topped 3.66 billion USD in the first nine months of 2023, an increase of 40.4% year-on-year.
PSNews - According to the General Department of Customs, in the first half of July, Vietnam exported 249,273 tons of rice, with a turnover of 135.45 million USD.
PSNews - Recently, the Ministry of Agriculture and Rural Development (MARD) proposed the government to issue a legal document managing the use of "Vietnam Rice" trademark.
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.
Vietnam gained a trade surplus of 1.59 billion USD in the first half of this year, according to the latest statistics from the General Department of Customs.
Vietnam shipped nearly 6 million tones of rice in 2017, up one million tones compared to the year before. Continuing the success, since the beginning of 2018, many enterprises have earned high price orders, helping to increase the domestic rice prices by 30%.
Rice has long been one of Vietnam’s most competitive agricultural products in the global market. But reform is urgently needed for sustainable rice production as the international integration process is posing numerous challenges to the sector
Vietnam can ship 3 million tons of rice at maximum under a freshly reached agreement on extending rice exports to the Philippines for another two years up to December 31, 2018, according to the Ministry of Industry and Trade.
Vietnam exported an estimated 4.88 million tonnes of rice this year, earning US$2.2 billion, down 25.8% in volume and 21.2% in value year-on-year, according to the Ministry of Agriculture and Rural Development.
The Philippines has authorized the import of 293,100 metric tons of rice from Vietnam, per information released on October 10 by the Vietnam Food Association (VFA).
