Hanoi (VNA) – The success of the rice sector is the fruit of a concerted effort spanning research, production and trade, with high-quality seeds delivered to farmers' hands, former Minister of Agriculture and Rural Development Cao Duc Phat has assessed.
Phat, who is Chairman of the Board of Directors of the International Rice Research Institute (IRRI), said the market now needs resilient, low-emission, and quality rice varieties that adapt to climate change, adding that related research should help farmers achieve higher selling prices.
For example, regarding the nutritional content of rice, the IRRI is currently researching varieties with low glycemic index suitable for individuals with or at risk of diabetes. Currently, the price of diabetes-friendly rice stands at 1,800 USD per tonne, significantly higher than the export price of normal rice, which ranges between 500 USD and 600 USD per tonne. Additionally, the IRRI is also studying to develop varieties with higher protein content, drought and salt tolerance, flood resilience, and other exploitable traits.
Director of the Vietnam Academy of Agricultural Sciences Professor Dr. Nguyen Hong Son, meanwhile, attributed the country’s remarkable development in the rice industry to three major achievements. These include the diversification in plant genetic research disciplines, a research workforce that matches regional standards, and the robust growth of the domestic seed industry.
Son suggested businesses commission research from institutes because each firm has different foundations in terms of rice varieties, working capabilities, and investment goals. Investing in research from the outset allows new products to best meet business objectives.
However, public-private partnerships (PPP) between the sides face challenges due to Government Decree No. 70/2018/ND-CP on planning the management and use of state property formed through implementing scientific and technological tasks using state funds. As per the document, companies do not have ownership rights over rice varieties even if they contribute to the research process.
According to Tran Kim Lien, Chairwoman of the Board of Directors of the Vietnam Seed Group (Vinaseed), the regulation against transferring exclusive varieties makes it difficult to advance public-private partnerships. Delays in the adoption of a new variety and difficult resources mobilisation occur when all businesses involved await transfer approval after the recognition of the variety.
Lien proposed the Ministry of Agriculture and Rural Development (MARD) promptly issue a list for transferring variety rights to businesses. Simultaneously, transparent technology transfer should take into account business participation based on conditions and needs. The ministry also needs to provide early guidelines on public-private partnerships to mobilise social resources for rice breeding research.
Acknowledging the challenges, Nguyen Thi Thanh Thuy, Director of the MARD’s Department of Science, Technology, and Environment, noted that the decree poses significant obstacles to research institutes in their variety transfers to businesses. However, the intellectual property law has eased such bottlenecks by granting variety ownership upon registration.
Deputy Minister of Agriculture and Rural Development Phung Duc Tien affirmed that the ministry now places top priorities on high-quality seed production, major export products, and the formation of varieties with high yield, quality, disease resistance, and climate adaptability.
In the first half of 2024, Vietnam exported 4.7 million tonnes of rice for nearly 3 billion USD, up 10.4% and 32% year-on-year, respectively.
According to statistics from the General Department of Vietnam Customs, the average export price of the product went up by more than 18% over the same period last year./.

See more

US farm produce exports to Vietnam likely to rise with import tariff cut
The Ministry of Finance confirmed that the adjustment reflects Vietnam’s strategy to promote trade liberalisation with key partners, especially the United States, and support domestic consumption.

Techcombank, SHB stand out in Decision Lab Bank Satisfaction Rankings 2025
Specifically, with 84.6 points, four points higher than the previous year, Techcombank surpassed Vietcombank to secure the top spot. Vietcombank fell to the second place with a score of 84.3, while MB climbed to the third place with a score of 81.6, up one place from the previous period.

VinFast delivers 400 e-vehicles to Indonesian dealers, consumers
As the latest addition to VinFast's diverse portfolio of all-electric vehicles in Indonesia, the VF 3 mini e-SUV is strategically positioned as a pivotal catalyst in the firm's efforts to promote green transition.

Vietnamese exporters reinvent solutions on US’s 90-day pause on reciprocal tariffs
Amidst the US’s decision to delay new import tariffs for 90 days, Vietnamese businesses are taking advantage of this opportunity to implement both short-term and long-term solutions to minimise potential negative impacts.

Vietnam to diversify markets for agricultural products amid global trade shifts
According to the Ministry of Agriculture and Environment (MAE), Vietnam’s agricultural product exports are inevitably affected by disruptions in global supply chains and the imposition of unilateral, stringent tariff policies by major economies. Nonetheless, these challenges also present an opportunity for Vietnam to adjust its export strategy and focus more intently on emerging and high-potential markets.

Work to start on over 200 million USD Aeon Mall project in Can Tho this weekend
This will be the ninth shopping mall of Japan’s AEON Group in Vietnam and the second by the Japanese retailer in the Mekong Delta region.

Reference exchange rate up 9 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,907 VND/USD on April 21, up 9 VND from the last work day of the previous week.

Pepper industry focuses on market diversification, sustainability to maintain exports
Speaking at the 2025 Annual Public-Private Partnership Group Conference organised by the Vietnam Pepper and Spice Association, Le Viet Anh, the VPSA’s chief of office, reported that in the first quarter Vietnam exported 39,853 tonnes of black pepper and 7,807 tonnes of white pepper for 326.6 million USD.

Vietnam stays on course for 8% growth despite tariff risks
The Government remains determined, encouraging ministries, local authorities and businesses to stay optimistic, tackle challenges head-on and seize emerging opportunities.

Can Tho-Ca Mau expressway project must be completed by December 19: PM
The expressway, spanning over 110 km, connects Can Tho city with Hau Giang, Bac Lieu, Kien Giang, and Ca Mau provinces, complemented by 25.85 km of connecting routes.

Vietjet launches two routes connecting Hanoi/HCM City with Con Dao
Vietjet launched two direct flights from Hanoi and Ho Chi Minh City to Con Dao on April 19, with congratulations and welcome from local authorities, residents, and tourists.

Construction of AEON Hai Duong Shopping Centre kicked off
With a total investment of around 1.18 trillion VND (45.6 million USD), the AEON Hai Duong Shopping Centre is designed with a total floor area of approximately 3.6 hectares. Spanning an estimated gross floor area (GFA) of roughly 38,100 sq.m, the shopping centre will feature ample parking space for nearly 600 cars and 1,200 motorcycles.

Vietnam’s EV charging infrastructure key to green transition

Hai Phong’s green growth sees both progress and obstacles
As part of its 2024 green growth efforts, Hai Phong implemented initiatives across 17 sectors. These included building and refining legal and policy frameworks as well as strengthening state management in line with green growth objectives.

Hanoi to develop 254-million-USD industrial cluster
Until 2030, Hanoi looks to have 159 industrial clusters covering a total area of 3,204 ha, expand five clusters established between 2017 and 2020 with a total area of about 45 ha, and build 21 new ones covering about 536 ha.

Vietnam to host leading food, beverage, and packaging expo in August
The Vietfood & Beverage – Propack 2025 exhibition will feature 1,400 booths showcasing top-tier food, beverage, packaging, and processing technologies from global and domestic brands.

Vietnam boosts charge to match EV growth
With EV's rapid growth, experts warn that the infrastructure development is struggling to keep up

Domestic motorcycle market breaks through in Q1
A total of 673,055 motorcycles were sold in the first three months of 2025, signalling a rebound after a period of stagnation.

Vietnam offshore wind energy technical potential report 2025 announced
The report also provides information on topography, geomorphology, marine meteorological hazards, and oceanographic conditions in the East Sea and along coastal areas of Vietnam, which are critical factors for the design and construction of offshore wind power projects.

Vietnam Beautycare Expo 2025 opens in Hanoi
The Vietnam Beautycare Expo 2025 aims to facilitate trade and business connections between industry professionals, helping visitors seek out suppliers, distribution partners, and retailers in the beauty and personal care sectors.