News

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Rice exporters advised to prefer quality to quantity

Although they recorded achievements, Vietnamese rice exporters should develop branding, add value to their products, increase connectivity, and diversify products to meet diverse market demands and grow on a sustainable basis. This was the bottom line expressed by participants at an October 17 seminar in Ho Chi Minh City.  Changing market approach Speaking at the meeting held to discuss Vietnam’s Rice Market Development Strategy ...

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Vietnam targets US$2.5 billion in rice export revenues by 2030

The Ministry of Industry and Trade (MOIT) has set the target of raising Vietnam’s rice export revenues to between US$2.3 and 2.5 billion by 2030. The target was announced at a conference on realising Vietnam’s rice export strategy during the 2017-2020 period, with a view towards 2030. Under the strategy, Vietnam will gradually reduce its rice export volumes whilst increasing the proportion of high-earning ...

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Vietnam Ups 2017 Rice Export Forecast on Rising Demand

Photo: VGP/VFA Vietnam Food Association has raised Vietnam’s rice export forecast for this year to 5.6 million metric tons from 5.2 million tons on rising demand, the government said Friday. Rice exporters in Vietnam received orders for 842,000 tons in August, up by more than three times from the previous month and 115% higher than in the same month last year, the government said ...

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Vietnam’s rice export with high price

Vietnam’s rice export price not only increases in volume and value but also increases gradually in months and remains at a high level from June until now. According to the Ministry of Industry and Trade, the rice export volume in the first 8 months of 2017 was estimated at 4 million tonnes, an increase of 22.7% compared to the same period in 2016, valued ...

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Positive signals in rice exports

Rice exports have shown many positive signals since May 2017 after overcoming the continuous decline. Increased exports Phan Thi Dieu Ha, deputy director of the Agency of Foreign Trade under the Ministry of Industry and Trade, said rice export turnover has gone up after a period of sharp decline thanks to efforts of the Ministry of Industry and Trade and the Ministry of Agriculture ...

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Glutinous rice exports to China slowing down

Exports of glutinous rice to China, Vietnam’s biggest rice importer, are stagnating, despite overseas shipments of the commodity soaring 34 percent in the first half of 2017. Photo: cafef Statistics from the Vietnam Food Association show that 2.65 million tonnes of rice were shipped abroad with free-on-board value of 1.65 billion USD in the first six months of 2017, an increase 0.25 percent in ...

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Are rice export conditions still administrative?

The administrative procedure for obtaining the certificate of qualification for rice export by Vietnam Chamber of Commerce and Industry (VCCI) is too complicated and has many sub-licenses. The drafting agency should simplify the administrative procedures. The amendment of Decree 109 is the basis for the development of the rice sector. Photo: The Internet. Many sub-licenses Recently, VCCI sent an official letter to the Ministry ...

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Vietnam to promote high quality rice to boost export revenues

Vietnam has outlined plans to boost revenues from rice exports over the next decade by focusing on a higher quality product and selling more outside Asia.                                            The world's third biggest rice producer wants to boost production of higher quality 5 and 10 percent broken ...

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Việt Nam rice exports drop in Q1

Việt Nam exported an estimated 1.28 million tonnes of rice in the first three months, earning $570 million, down 18 per cent in volume and 17.3 per cent in value compared to the same period last year. — Photo tienphong.vn Việt Nam exported an estimated 1.28 million tonnes of rice in the first three months of the year, earning US$570 million. But the exports ...

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Proposal on abolishing a series of business conditions for rice exports

On the afternoon of February 22, 2017, in Ho Chi Minh City, the Vietnam Institute for Economic and Policy Research (VEPR) organized a seminar on proposal to amend Decree 109/2010/ND-CP on rice exports busness. Illustrative photo The Seminar was implemented in the framework of cooperation among the Agriculture Union, VEPR, and the University of Economics and Business-Viet Nam National University Ha Noi to carry ...

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