Vietnamese rice now has the highest export prices, distinguishing itself from key competitors, including Thailand and Pakistan, whose prices have fallen.
Viet Nam’s rice exports have expanded during the pandemic to surpass rival Thailand in price for the first time in three decades, leading experts to suggest the sector should consolidate its position.
Japonica rice is set to become one of the main export rice categories of Viet Nam in the coming time, according to the Viet Nam Food Association (VFA).
The Viet Nam Food Association (VFA) has decided to raise its rice export target from 5.2 million tonnes to 5.6 million tones, following an increase in rice contracts for the last months of the year.
Delegates attending a seminar in HCM City on Wednesday urged the Government to amend or revoke a decree on rice exports which they said impedes exports of the grain.
Viet Nam''s rice exports in the first half of the year fell by 32 per
cent over the same period last year, mostly due to competition from
other countries, the Viet Nam Food Association (VFA) has said.
The Viet Nam Food Association (VFA) has predicted 2015 to be a tough
year for Viet Nam''s rice exporters in the face of fierce competition
from their Thai rivals.
The Viet Nam Food Association (VFA), believes that
the country''s rice yield of roughly 8.8 million tonnes this year will be
sold out, thanks to an optimistic market.
Viet Nam now exports rice to more than half of the 55 African countries,
and its major importers are the Ivory Coast, Ghana, Senegal, and
Angola, as well as Cameroon.
Viet Nam''s rice shipments in January fell by 24 per cent compared with
the same period last year even as export prices of the grain rose by
38.28 per cent.
The Viet Nam Food Association (VFA) has announced that the levels of
caramel colouring 4-methylimidazole (4-MEI) found in Coca-Cola products
in Viet Nam meet national and international food safety standards.
The price of Viet Nam''s 5 per cent broken rice increased US$25 per tonne
in November, to fluctuate between $390 and $415, according to the Viet
Nam Food Association (VFA).
Viet Nam recently scored contracts to sell 120,000 tonnes of rice to
the Philippines ending a dry spell for the country''s grain exports, said
director of the Thinh Phat Food Co Lam Anh Tuan.