Exporting rice from india

Loading rice for export at Sai Gon port (Photo: VNA) HCM City (VNA) - Increasing global demand , stable domestic production , and better rice quality count among the reasons Vietnam can be confident its rice exports will prosper again in 2021 and surpass the 3.1 billion USD in revenue posted in 2020, despite a significant decline in the first two months of this year. According to figures from Vietnam Customs , Vietnam earned 192 million USD from shipping nearly 348,000 tonnes of rice overseas in January, down 34.2 percent in value and 36.4 percent in volume against December and 2.4 percent and 15.4 percent, respectively, year-on-year. As the Lunar New Year (Tet) holiday fell in February, the month’s export turnover is expected to be down. Nguyen Van Don, Director of Tien Giang province’s Viet Hung Limited Company, said the beginning of the year is never the peak time for trade, as consumers have already purchased rice for the long holiday period at the end of the previous year. Rice prices in the Mekong Delta are also at a high level, so purchasing businesses and foreign customers are all waiting for them to fall. General Director of the Trung An Hi-tech Farming JSC Pham Thai Binh said that transportation problems have also hampered rice exports in recent times. He pointed out that the country is facing a serious shortage of empty containers and cargo ships for exports. According to the Vietnam Food Association (VFA), there are high hopes being pinned on Vietnam’s rice exports in 2021, with major export markets such as the Philippines and Africa continuing to sign contracts, while many others have significant demand for fragrant rice and sticky rice, in which Vietnamese enterprises hold an advantage. Packaging rice for export (Photo: VNA) VFA Vice President and General Secretary Nguyen Trung Kien said that bilateral and multilateral free trade agreements (FTAs) such as the EU-Vietnam FTA and the UK-Vietnam FTA, which contain …

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The nation exported a total of 1,568 million tonnes of iron and steel worth US$1.123 billion during the reviewed period, marking a sharp rise of 71.9% compared to last year’s corresponding period, according to data released by the General Department of Vietnam Customs. January saw Hoa Phat Group, the country's leading steel maker, export roughly 10,000 tonnes of galvanized sheet partners to Belgium and Spain, while it also shipped more than 12,000 tonnes of cold galvanized steel to the Americas in February. Along with construction steel, Hoa Phat Group has also ramped up its export of steel pipes, galvanized steel, and galvanized steel wire to foreign markets. Furthermore, Hoa Sen Group Joint Stock Company shipped high-value batches of galvanized steel sheet to the United States, Mexico, Europe, and Southeast Asia, with export volume exceeding 100,000 tonnes per month. Nghiem Xuan Da, chairman of the Vietnam Steel Association, said domestic steel consumption throughout the reviewed period was estimated to have decreased by 30% compared to the same period from last year. Da believes that although a series of free trade agreements (FTAs) have come into force, such as the EU-Vietnam Free Trade Agreement (EVFTA) and the Vietnam-UK Free Trade Agreement (UKVFTA), not many local firms have the capacity to increase exports to the EU market. In general, the local steel industry faces a number of obstacles due to five further countries, including Malaysia and Philippines which are two of the country’s major markets, conducting anti-dumping investigations into Vietnamese galvanized steel and steel pipes. Moreover, the European Commission (EC) has recently announced plans to consider extending safeguard measures for imported steel. This comes after the EU on February 1, 2019, applied a safeguard measure against imported steel in the form of tariff quotas, with three groups of steel products from the nation being levied. Experts have therefore advised local …

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The Hanoitimes - The move is taken to support domestic producers in overcoming the unprecedented crisis due to the Covid-19 pandemic and these items are only allowed to export to countries heavily affected by the coronavirus. The Vietnamese government has allowed the export of medical masks, protective clothing and medical equipment, provided that domestic demand for those items is met (including for reserves), VnExpress quoted Prime Minister Nguyen Xuan Phuc as saying at a meeting on April 15. The move is taken to support domestic producers in overcoming the unprecedented crisis due to the Covid-19 pandemic and these items are only allowed to be shipped to countries affected by Covid-19. Illustrative photo Under the Vietnamese government’s resolution dated February 28, in the context of the Covid-19 pandemic, medical face masks could be shipped out of the country only for the purpose of international aid provided by the Vietnamese government. In addition, the business is allowed to export a maximum of 25% of its output. The regulation aimed to give priority to the fight against the pandemic in the country and ensure sufficient medical equipment for doctors. According to the health ministry’s data, Vietnam currently has 68 producers of medical masks and protective suits. A number of textile enterprises have also started importing production lines of these items, such as Garment 10 Corporation Joint Stock Company, TNG Investment and Trading Joint Stock Company, among others. An executive of Garment 10 Corporation Joint Stock Company said that it received a foreign order for 400 million medical face masks with delivery set for July. TNG Investment and Trading Joint Stock Company also plans to start producing medical masks from mid-May. The enterprise has ensured sources of materials to produce the above-mentioned items after its output basically meets the domestic demand. Besides, Vietnam has successfully produced waterproof cloth …

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