Vietnam earned nearly 3 billion USD from exporting more than 6 million tonnes of rice in the first 11 months of 2014, according to the Vietnam Food Association (VFA).

The association reported that at present, the prices of dried unhusked rice in the Mekong Delta region range from 5,450 VND to 5,750 VND per kg.

Rice with five-percent broken grains is sold at 7,100-7,200 VND per kg while that with 25-percent broken grains, 6,850 to 6,950 VND per kg.

This year, the country expects to export 6.5 to 7 million tonnes of rice, worth about 3 billion USD, revealed the VFA.

Traditional export markets for Vietnamese rice include Singapore, mainland China, Hong Kong and Cote d'Ivoire, as well as Algeria and Indonesia.

The association also predicted that 2015 will be a tough year for Vietnam's rice exporters in the face of fierce competition from their Thai rivals because Thailand has concentrated on recovering traditional rice markets in Africa and expanding its markets in Asia, especially the Philippines, Indonesia and China.-VNA