Reuters Prices of parboiled rice exported from India fell this week as the rupee depreciated to a record low even as demand for the staple was steady, while Vietnam and Thailand saw muted activity. Top exporter India’s 5% broken parboiled variety was quoted at $444-$450 per metric ton this week, versus last week’s $445-$453. Indian […]
The Ministry of Industry and Trade expresses optimism about the resumption of rice exports to China , which used to be Vietnam’s largest importer of rice but has seen a decline in its imports. The Ministry of Industry and Trade will organize a trade delegation to Guangdong and Hunan provinces in China from December 2 […]
By: Julie M. Aurelio – Amid the quicker uptick in rice prices in October, the National Economic and Development Authority (Neda) said it would submit its recommendations to President Ferdinand Marcos Jr. on Friday to decide on rice import tariffs. Economic Planning Secretary Arsenio Balisacan, concurrent Neda director general, did not specify the recommendation, but […]
Việt Nam has exported 8.05 million tonnes of rice from the beginning of this year to November 15, marking a historic record value of more than US$5 billion. HÀ NỘI — Việt Nam has exported 8.05 million tonnes of rice from the beginning of this year to November 15, to earn a historic record value […]
The Philippines remains Việt Nam’s largest market, which imported 2.91 million tonnes of rice by the end of October. HÀ NỘI – Việt Nam’s rice exports had reached 8.05 million tonnes as of November 15, bringing home US$5.05 billion, according to the General Department of Customs. Data also shows that in the first half of […]
Achieving $5 billion in rice export revenues highlights Vietnam’s global standing, but the absence of a strong national brand for high-quality rice remains a significant concern. Vietnam’s rice exports have officially surpassed $5 billion, setting a historic record. However, Le Thanh Tung, Deputy Director of the Department of Crop Production (Ministry of Agriculture and Rural […]
By Thi Ha Vietnam’s rice prices remain the highest globally even after India lifted its export ban. After India, the world’s largest rice exporter, removed most restrictions on rice exports in late October, prices in the global market saw a sharp drop. Prices of 5% broken rice from Pakistan and Thailand fell 5-10% to US$457-490 […]
Despite challenges in the global rice market, Vietnam is on the right track to achieve a new export volume record of over 8 million tonnes in 2024, surpassing last year’s result, according to insiders. The Ministry of Agriculture and Rural Development said Vietnam’s rice exports for the first 10 months of 2024 totalled nearly 7.8 […]
According to the Ministry of Agriculture and Rural Development, rice exports in October reached 800,000 tonnes with a value of $505 million, bringing the total for the first 10 months to nearly 7.8 million tonnes at almost $4.9 billion. The figures represent an increase of over 10 per cent in volume and 23 per cent […]
The export of this grain to Africa rose to US$692.6 million in 2021 from $411 million in 2017. Rice typically accounts for 15-20 per cent of Việt Nam’s total exports to Africa. Although Việt Nam’s rice exports have traditionally focused on Asian markets, experts have advised businesses to pay more attention to Africa which has […]
