Vietnam Rice Company Limited (Vinarice) of Vinaseed – a member of The PAN Group, has obtained the certificate of food safety management systems (FSSC 22000) for processing, packaging and distribution by Bureau Veritas – the UK''s leading independent organisation for certification.
Rice quotas for Viet Nam under the EVFTA are expected to push Viet Nam’s rice exports up from the second half of this year, according to the Ministry of Industry and Trade (MoIT).
The fourth Vietnam Rice Festival is taking place in the Mekong Delta province of Vĩnh Long, with a wide range of events designed to promote agro-economy and rice trade in domestic and foreign markets.
Việt Nam will face difficulties in exporting rice in the short term due to obstacles in most major markets, such as China and the Philippines, according to the Ministry of Agriculture and Rural Development (MARD).
Viet Nam exported 4.01 million tonnes of rice worth US$1.73 billion in the first seven months of 2019, up 2.1 per cent in volume but down 14.3 per cent in value year-on-year.
After the Government took steps to prevent rice prices from falling in February, prices have started to inch up in the Cuu Long (Mekong) Delta – the granary of Viet Nam – though not by much.
Viet Nam exported 5.2 million tonnes of rice in the first 10 months of this year, earning US$2.6 billion, the Ministry of Agriculture and Rural Development (MARD) has reported.
Rice is a crop of global significance and a vehicle for economic prosperity and climate change adaptation and mitigation, delegates heard at the 2018 International Rice Congress, which opened in Singapore yesterday.
Viet Nam expects rice exports to regain strength by the end of the year after a brief lull, said Tran Van Cong, deputy director of the Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development.
Viet Nam’s rice exports are expected to rise in the remaining months of the year thanks to increasing demand in many markets, according to the Ministry of Agriculture and Rural Development.
Viet Nam’s rice export value to Malaysia reached nearly US$122.4 million in the first five months of this year, a year-on-year increase of 177 per cent, according to the latest statistics from the Ministry of Industry and Trade.
Viet Nam has won a bid to supply 130,000 tonnes of rice to the Philippines after the National Food Authority (NFA)’s auction on importing 250,000 tonnes.