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Top exporter of rice

/ December 26, 2020

Vietnam continues restructuring rice cultivation

The Hanoitimes - The restructuring aims to cut production costs and increase income for farmers. Vietnam has gained positive changes in production and consumption of rice in its four-year project on restructuring rice industry, but there is still a lot of works to be done to achieve the goal of sustainable development and increase income for Vietnamese rice growers. The Vietnamese rice industry need cutting production costs and improving income for farmers. Photo: Tung Nguyen The statement was released at the conference on implementing the rice industry restructuring project until 2025, with a vision to 2030, which was organized by the Department of Crop Production, under the Ministry of Agriculture and Rural Development on December 25 in Ho Chi Minh City. Speaking at the conference, Mr. Nguyen Nhu Cuong, Director of the Department of Crop Production said that some targets under the rice industry restructuring project such as ensuring food security, output and export turnover have been implemented. Meanwhile, others such as raising income for rice growers and building the national brand for Vietnamese rice still have not been fulfilled, he said. Mr. Tran Xuan Dinh, technical consultant for the project, said that since the restructuring of rice production, although the paddy acreage has been declining year after year, production has remained stable at between 43 and 44 million tons per year. The sector has not only ensured food security, but also exports between 6 and 7 million tons of rice per year with a turnover of around US$ 3 billion. Along with the reduction of the paddy acreage, the rice strain structure has changed positively, meeting the market demand. In the key rice production areas of the Mekong River Delta, the rate of using special aromatic rice varieties and high-quality rice increased from 2%-6%. The proportion of high-quality rice accounts for nearly 80% of the export rice output. As a result, the average …

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/ February 8, 2021

Agriculture, forestry and fishery exports hit $3.49 billion in January

Farmers in Huong Thuy Commune in the central province of Thua Thien-Hue harvest the Summer-Autumn rice crop. — VNA/VNS Photo Ho Cau The total export turnover of the agriculture, forestry and fishery sector is estimated at US$3.49 billion last month, up 27.1 per cent over the same period last year, reported the Ministry of Agriculture and Rural Development. The export value of main agricultural products was estimated at $1.6 billion, up 28.9 per cent; livestock export value was estimated at $26 million, up 3 per cent; seafood export value was estimated at $600 million, up 19.6 per cent; and export value of main forest products was estimated at $1.33 billion, up 47.8 per cent. To promote the export of agricultural, forestry and fishery products, the Ministry of Agriculture and Rural Development will coordinate with localities to support trade in border provinces in order to promote the export of agricultural, forestry and aquatic products to the Chinese market. The ministry will also continue to negotiate and remove trade barriers, open markets for Vietnamese agricultural products for official export such as fruits, aquatic and livestock products. In particular, the Ministry of Agriculture and Rural Development also implements specific solutions to promote domestic consumption through the organisation of trade fairs to implement the campaign "Vietnamese people give priority to use Vietnamese goods"; promote and introduce key agricultural products, local specialities, businesses and cooperatives to consumers in big cities. — VNS 0 …

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/ February 13, 2021

Rice exports enjoy opportunities for breakthrough in 2021

Rice for export being stockpiled at SongHau Food Company in Can Tho City. — VNA/VNS Photo Van Lanh High hopes are pinned on Viet Nam’s rice exports in 2021 when major export markets such as the Philippines and Africa continue to sign contracts to buy rice from Viet Nam, while many others have great demand for fragrant rice and sticky rice – which are advantageous staples of Vietnamese enterprises. The bilateral and multilateral free trade agreements between Viet Nam and other countries such as the EU-Viet Nam and the UK-Viet Nam FTAs with preferential tariffs would create favourable conditions for Vietnamese rice to compete with that from rival countries, the Viet Nam Food Association said. According to the Vietnamese Trade Counsellor in the UK Nguyen Canh Cuong, rice shipments to the country this year will sharply rise against 2020. He added more UK firms will purchase Vietnamese rice under the UK-Viet Nam FTA, creating a chance for Vietnamese rice to expand its market share in the UK this year. In 2019, rice exports from Viet Nam to the UK had a leap forward with a turnover growth of 376 per cent. That meant the UK has great potential as a rice export market for Viet Nam. In order to tap into the advantages under FTAs, rice export giants such as Intimex JSC, Loc Troi Group, VRICE Co, Trung An High Technology Agriculture JSC are planning to seek new customers in markets where Viet Nam had signed FTAs, especially in the UK, baotintuc.vn reported. The Ministry of Industry and Trade said it would provide rice export firms with information about the market demand situation in a timely manner while implementing trade promotion activities to help Vietnamese rice exporters better access customers. Detailed information about the regulations and barriers under these FTAs’ commitments will be also offered by the ministry ​​so that businesses can improve their understanding and draw up suitable business plans. As part of its efforts to facilitate Viet Nam's …

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