Over the past four months, Việt Nam exported 3.23 million tonnes of rice, worth US$2.1 billion, up 12 per cent in volume and 37 per cent in value, according to the General Department of Customs.
Political conflicts and climate change, which caused rice demand and rice prices to increase in 2023, are continuing in 2024. Therefore, the need to import and reserve food in general and rice in particular is continuing to increase this year.
Since the novel coronavirus (Covid-2019) epidemic will surely affect exports to China, diversifying markets is an urgent requirement for Vietnamese rice exporters.
Vietnamese rice exporters are in dire need of market information,
especially about new markets, and Government agencies, including
Vietnamese trade counsellors abroad.