HCMC – Indonesia plans to import 500,000 tons of rice to improve its reserves in 2022, presenting an opportunity for Vietnamese rice exporters to enter the Indonesian market. Indonesia’s national rice reserves have fallen to under 600,000 tons, while the nation aims to secure 1.2 million tons in
HCMC – Vietnamese rice export prices have stayed high in November, while shipments to European countries, China, and the Philippines have soared, all contributing to this year’s rice export that is expected to soar to a record high of over seven million tons. Statistics from the Ministry of
HCMC – The Ministry of Industry and Trade (MOIT) has written to the prime minister proposing amending Decree 107/2018/ND-CP on rice exports. The ministry said Vietnam usually exports 6-6.5 million tons of rice annually while statistics from the General Department of Vietnam Customs showed that the
HCMC – The export price of Vietnamese rice stands at the highest spot on global markets, some US$20-50 per ton higher than the rice prices of Thailand and India. In October, Vietnam’s 5% broken rice sold for US$425-430 per ton on average on global markets, the highest since last November,
HCMC – Vietnam exported six million tons of rice worth nearly US$3 billion in the first 10 months, an increase of 17% in volume and 7% in value compared to last year, according to data from the Ministry of Agriculture and Rural Development. This export value represents 93 -96% of the full-year
(VAN) According to Dr. Le Dang Doanh, the escalating inflation and India's rice export restrictions caused the export price of many countries to increase.
(VAN) The room to export Vietnamese rice to important markets in ASEAN is still very large. In recent years, rice is the main agricultural product of Vietnam exported to ASEAN countries.