Authorities are set to expand negotiations and trade deals with international partners while dismantling the logistical and regulatory snarls that have plagued the sector.
Việt Nam is projected to become the world’s second – largest rice importer in 2025-26, coming only after the Philippines, according to the latest World Agricultural Supply and Demand Estimates released by the United States Department of Agriculture (USDA).
Thái Nguyên Province has approved a project to attract investment in manufacturing unmanned aerial vehicles (UAVs), marking a significant step toward developing a so-called low-altitude economy.
The inspection team will focus on enforcing legal regulations related to rice export business activities in the Mekong Delta region, addressing violations while reviewing market supply and demand, as well as pricing.
In January, Việt Nam''s rice exports reached an estimated 500,000 tonnes, valued at US$308 million, down 1 per cent in volume and 10.4 per cent in value, according to the Ministry of Agriculture and Rural Development.
Rice exports are likely to hit a record high of nine million tonnes in 2024, given a total volume of nearly 8.5 million tonnes shipped abroad in the first 11 months, according to insiders.
Việt Nam has exported 8.05 million tonnes of rice from the beginning of this year to November 15, marking a historic record value of more than US$5 billion.