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Rice groups take issue with needless rules

Vietnamese businesses and the Vietnam Chamber of Commerce and Industry are urging policymakers to revise certain provisions in the country’s rice export regulations, warning that current requirements may create unnecessary burdens and financial pressure. In its latest submission to the Ministry of Industry and Trade over a week ago, the Vietnam Chamber of Commerce and […]

To diversify rice imports, Philippines turns to India and Thailand

Source: Agro Spectrum India. Vietnam continues to dominate the Philippines’ rice import market, accounting for nearly 90 per cent of the country’s rice shipments. Despite efforts by the Philippines to diversify its sources, Vietnam remains the primary supplier, providing the vast majority of the rice imported into the country. This heavy reliance underscores Vietnam’s critical […]

Vietnam to export first batch of low-emission rice.

Viernam is set to make a groundbreaking entry into the ‘low-emission’ rice market in Japan, with its first export shipment in June. Viet Nam News. HANOI – On June 5, the ‘Green and low-emission Vietnamese rice’ trademark will officially enter the export market. The first shipment, bound for Japan, is seen as a significant breakthrough […]

Vietnamese rice bran poised to enter Chinese market as procedural hurdles are eased

Despite high quality, Vietnamese rice bran exporters still face administrative hurdles entering China. Valerie Nguyen Despite meeting rigorous quality standards, many Vietnamese rice bran exporters continue to face administrative hurdles as they seek to penetrate the Chinese market—particularly following the signing of a new bilateral protocol. China is currently one of the world’s largest consumers […]

India Reclaims The Crown In Rice Exports As Philippines Dumps Vietnam For Diversified Deals. How India’s Export Surge Is Reshaping Global Markets And Breaking Vietnam’s Monopoly

naveenika The Philippines, the world’s top rice importer, is now looking to broaden its supplier base beyond Vietnam to secure more stable supply and competitive prices. Speaking on Friday, Philippines Agriculture Secretary Francisco Tiu Laurel shared that the department is in discussions with private importers about sourcing rice from countries like India, Pakistan, Cambodia, and […]

Thai rice demand quiet with no major deals, Indian rates near two-year low

Vietnam and Thailand saw muted activity WRITER: Bloomberg News BENGALURU — Ample supplies and expectations of another bumper crop in India kept rice export prices near a two-year low this week, while Vietnam and Thailand saw muted activity. India’s 5% broken parboiled variety was quoted at US$382-$389 per tonne – its lowest level since June […]

Philippines Eyes India, Thailand Rice to Cut Vietnam Reliance

By Neil Jerome Morales and Cliff Harvey Venzon The Philippines, the world’s top rice importer, plans to look beyond its dominant supplier, Vietnam, to ensure steady supplies and competitive prices at home. The agriculture department is in talks with private importers on purchases from producers like India, Pakistan, Cambodia and Myanmar, Agriculture Secretary Francisco Tiu […]

Indian rates steady near two-year low; Vietnam, Thailand activity muted

Key points: Ample supplies and expectations of another bumper crop in India kept rice export prices near a two-year low this week, while Vietnam and Thailand saw muted activity. India’s 5% broken parboiled variety (RI-INBKN5-P1) was quoted at $382-$389 per ton – its lowest level since June 2023 – unchanged from last week. Indian 5% […]

Vietnamese traders required to stockpile rice before export deals

New rice export rules are driving up costs for traders with pre-contract storage mandates. Several proposed regulations in the draft decree on rice export business are raising costs and increasing capital pressure for new traders. These include requirements to stockpile at least 1,250 tons of rice even without having signed contracts, and the obligation to […]