Positive signals for rice exports in 2023
Minister of Agriculture and
Rural Development Le Minh Hoan said the sales signaled that Vietnamese rice
has gained better quality, from choosing varieties for cultivation and standardisation
to meet requirements of each market.
Aware of the need to build
long-term business strategies, major rice exporters such as Trung An Hi-tech Farming JSC and Loc Troi
Group have teamed up with farmers and cooperatives in material zones to generate
stable and quality rice supply.
Vice Chairman of the Vietnam Food Association
Do Ha Nam said thanks to jasmine and high-quality rice, Vietnam won a number of
markets and recorded fast growth in demanding markets such as the US and the EU.
Many firms already received orders until April
or even the third quarter of this year.
The VFA forecast that domestic rice exporters have a distinct advantage this year thanks
to high rice prices and huge demand from China, the Philippines and Africa.
The Philippines, the biggest importer of
Vietnamese rice, has decided to maintain import tax of 35% this year.
Meanwhile, the second Vietnamese rice
importer - China - will lift its zero-COVID policy and reopen its borders with Vietnam,
Nam said./.