VSF's market price increased more than 300% in two weeks, with 11 trading sessions to the ceiling. AGM also doubled its capitalization and many popular rice stocks.
India, which has just banned rice exports, has the largest rice area and sales volume, but China has the highest production. How do Vietnam and countries produce and consume rice?
After India, a number of countries such as Russia, the United Arab Emirates (UAE) banned rice exports, making the global rice market wobble. This is considered a great opportunity for Vietnam's rice exports, however, businesses believe that the State needs to have timely and appropriate policies,
HCMC – Vietnam’s exports in May continued to improve, with a 4.3% increase versus April to US$29 billion, according to an official at the Ministry of Industry and Trade. During the first five months of the year, exports generated US$136.2 billion. Manufactured products accounted for over 88% of
HCMC – Outbound rice shipments in May surged by a staggering 49% compared to the same period last year, at US$2 billion, the highest in 10 years. In the year to May, Vietnam had shipped 3.9 million tons of rice abroad worth over US$2 billion, up 40.8% in volume and 49% in value against the […]
CANTHO – Rice traders reported losses even though their export volume and value last month doubled the figures of the same period last year. Vietnam shipped around 1.1 million tons of rice abroad in April, up 14.4% against March and 98.1% against the same period last year, according to the
HCMC – Given Africa’s need to import around 17.7 million tons of rice from now to the year-end, Vietnamese businesses have ample opportunity to boost rice exports to the African markets for the rest of the year, according to the Asia-Africa Market Department under the Ministry of Industry and
HCMC – The Indonesian Chamber of Commerce Vietnam (IndoCham Vietnam) said on March 27 that Indonesia is planning to import two million tons of rice to improve its 2023 reserves, offering an opportunity for Vietnam to ship more rice to the Southeast Asian market. The announcement came after a
HCMC – Vietnam exported 789,000 tons of rice worth US$417 million in the first two months of 2023, down 18.8% in volume and 10.8% in value year-on-year, according to data from the Ministry of Agriculture and Rural Development. However, the export price of Vietnamese rice between January and
HCMC – Vietnam has promoted agricultural modernization and investment via a public-private partnership (PPP) commodity-based working group. The Ministry of Agriculture and Rural Development announced a decision to set up Vietnam’s rice PPP working group on March 3 in the Mekong Delta city of Can
HCMC – Vietnam’s rice export activity has shown positive signs early this year, with 6.5-7 million tons of rice forecast to be exported in all of 2023. The forecast was made during a trade conference held by the Ministry of Industry and Trade in HCMC on February 21. At the conference, the
HCMC – Vietnamese rice exports to the North European market surged 73% between 2017 and 2021 annually, backed by the European Union-Vietnam Free Trade Agreement (EVFTA). In 2021, Northern European countries purchased around 5,646 tons of Vietnamese rice worth US$5.51 million, according to the