Vietnam to diversify rice export markets
Vietnam will develop and diversify rice export markets with a reasonable, stable, and effective scale, market

On August 9, 2026, rice prices in the Mekong Delta region of Vietnam exhibited a cautious trading atmosphere. The price of fresh rice saw a slight increase for certain key varieties, driven by farmers' willingness to maintain prices. Meanwhile, the prices of raw rice and export rice remained stable, indicating a steady market condition.
The market for fresh rice in provinces such as An Giang, Dong Thap, Can Tho, Vinh Long, Ca Mau, and Tay Ninh reported a subdued buying atmosphere. However, two rice varieties, OM 5451 and OM 18, recorded slight price increases as traders sought to replenish stocks, trading at approximately 6,500 - 6,650 VND/kg and 6,900 - 7,050 VND/kg, respectively. The fragrant rice variety, Dai Thom 8, maintained a price range of 6,900 - 7,100 VND/kg due to stable demand. Common rice varieties like IR 50404 traded around 6,100 - 6,200 VND/kg, while OM 34 remained unchanged at 6,100 - 6,300 VND/kg.
In the segment of raw rice used for export processing, the market remained differentiated but stable at high price levels. Raw rice IR 504 held steady at 9,750 - 9,850 VND/kg following a previous price increase. Similarly, raw rice CL 555 remained stable at 9,750 - 9,850 VND/kg.
Other raw rice varieties showed no new fluctuations: OM 5451 at 9,300 - 9,400 VND/kg; Dai Thom 8 at 9,200 - 9,400 VND/kg; OM 18 at 8,700 - 8,850 VND/kg; and OM 380 and Soc Thom both maintained prices around 7,500 - 7,600 VND/kg. In the by-product category, fragrant rice bran continued at 8,600 - 8,700 VND/kg, and rice bran stabilized between 7,700 - 7,850 VND/kg.
In southern local markets, retail rice prices did not face adjustment pressures. Ngan Nhen rice continued to be listed at the highest price of around 28,000 VND/kg, while popular varieties such as Huong Lai, Jasmine, Dai Thom, OM 18, and Japanese rice maintained stable price levels.
In the export market, the selling prices of Vietnamese rice on August 9 remained unchanged. According to data from the Vietnam Food Association (VFA), fragrant rice with 100% broken grains held steady at 367 - 371 USD/ton. Fragrant rice with 5% broken grains was priced at 500 - 510 USD/ton, continuing to represent the high-value segment in the export structure. Meanwhile, Jasmine rice traded at 541 - 545 USD/ton.
The international market is witnessing intense price competition from major exporting countries. Currently, Thai 5% broken rice is offered at 450 - 454 USD/ton, while Indian 5% broken rice remains at a lower price range of 361 - 365 USD/ton.
Statistics indicate that in the first seven months of 2026, Vietnam exported approximately 5.53 million tons of rice, a 0.5% increase in volume compared to the same period last year. However, the export turnover only reached around 2.62 billion USD, a decrease of 7.1% due to a drop in average export prices.