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.
The UKVFTA took effect on May 1, 2021, with a preferential tariff quota granted to Việt Nam at a tax rate of zero per cent, enabling UK buyers to have more choices of rice varieties from Việt Nam.
Sóc Trăng Province''s OCOP Council was recently granted the prestigious 5-star rating to ST25 fragrant rice from Trần Đề District, reinforcing its status as a high-quality local product.
Việt Nam exported 800,000 tonnes of rice for US$505 million in October, bringing the ten-month total to 7.8 million tonnes worth $4.86 billion, up 10.2 per cent in volume and 23.4 per cent in value year-on-year.
The Việt Nam Trade Office in Sweden has confirmed that Vietnamese rice is not among the batches temporarily seized by Swedish authorities for suspected quality fraud.
Enhancing linkages between stakeholders in the rice value chain is essential to improve product quality and support implementation of the one-million-hectare high-quality rice project in the Cửu Long (Mekong) Delta, speakers agreed at a conference held in Hậu Giang Province...
Despite being the world''s third-largest rice exporter, Việt Nam has spent nearly US$1 billion on rice imports in the first nine months of 2024. The increase in rice imports is driven by a shift in rice cultivation trends.