The difficult financial situation has led the group to propose cancelling the dividend payment plan for 2023, despite shareholders previously approving a dividend distribution of 30 per cent from retained earnings.
Việt Nam’s rice industry is facing a steep in export prices, even as shipment volumes climb, underscoring the challenges of a volatile global grain market.
Under the project implemented since 2003, Việt Nam sent its experts to Cuba to directly guide Cuban people to change their farming methods, provided training and donated some specialised agricultural machinery.
Some overseas Vietnamese firms, such as KD Trading, have boldly imported ST25 rice, helping to boost brand awareness in Canada. Việt Nam has now entered the list of the top five rice exporters to the Canadian market.
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.