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Vietnam’s central bank instructs more lending to rice sector amid sharp price drops

By Lan Do Vietnam’s central bank has directed commercial banks to promptly meet the loan needs of individuals and businesses involved in producing, processing, purchasing, temporarily storing, and consuming rice in 2025, particularly in the Mekong Delta. Vietnam’s rice exports in February were 560,000 tons or $288.2 million, down 13.6% in value year-on-year, according to […]

Vietnamese rice exporters urged to boost global competitiveness

Vietnamese and Thai 5% broken rice have seen declines of 38-45%, with Vietnam’s prices falling from 680-700 USD per tonne to 390-400 USD per tonne, an unprecedented decrease. Hanoi (VNA) – Vietnamese Trade Counselor in India Bui Trung Thuong has urged Vietnamese rice exporters to strengthen their global competitiveness and diversify markets and sales channels […]

Asia Rice: India rates hit lowest since June 2023, Vietnam sees demand pick up

Synopsis Indian rice export prices reach their lowest since June 2023 due to weak demand and abundant supplies, with 5% broken parboiled rice quoted at $409-$415 per tonne. Rice export prices from India extended declines this week to their lowest level since June 2023 due to weak demand and abundant supplies, while Vietnam rice saw […]

Thailand seeks cooperation with India, Vietnam to support falling rice prices

Hanoi tells trade ministry told to boost rice exports to counter oversupply. WRITER: Reuters BANGKOK/HANOI – Thailand is seeking cooperation with India and Vietnam to find ways to tackle falling rice prices, Commerce Minister Pichai Naripthaphan said on Thursday, amid simmering protests by local farmers calling for more support from the government. Thailand is in […]

Cà Mau rice farmers reap high profits from rotating crops.

Farmers in Cà Mau Province are achieving higher profits by rotating rice with short-term crops, thus conserving water during the dry season. CÀ MAU – Farmers in Cà Mau Province are achieving higher profits by rotating rice with short-term crops, thus conserving water during the dry season. The country’s southernmost province primarily relies on groundwater […]

Asia rice: India rates hit lowest since June 2023, Vietnam sees demand pick up

Reuters Rice export prices from India extended declines this week to their lowest level since June 2023 due to weak demand and abundant supplies, while Vietnam rice saw increased demand. India’s 5% broken parboiled variety was quoted at $409-$415 per tonne, down from last week’s $413-$420. Indian 5% broken white rice was priced at $390-$400 […]

Thailand seeks India, Vietnam alliance to stabilise rice prices.

The planned discussion aims to curb falling prices and oversupply, as the Commerce Ministry explores new export opportunities Thailand is set to hold talks with India and Vietnam about strategies to tackle falling rice prices caused by oversupply, the Commerce Ministry said. India and Vietnam are the world’s two biggest rice exporters. Commerce Minister Pichai […]