Vietnam’s rice production in 2023 stood at 43.5 million tonnes, an increase of 1.9%, adequately meeting domestic consumption, processing, animal feed production, and exports, which set a record of nearly 8.3 million tonnes.
Rice export volume and value during the first 11 months surpassed the figures of the entire 2022, and this year’s revenue is expected to reach 5 billion USD.
The 2023 export performance is anticipated to serve as a catalyst for the rice sector, enabling it to explore new markets, strengthen the reputation of Vietnamese rice, enhance national food security, and foster sustainable production and exports in the future.
Deputy Prime Minister Tran Luu Quang has signed a decision approving a strategy to develop plant cultivation until 2030 with a vision to 2050, aiming to turn plant cultivation into a complete and professional technical-economic sector with highly competitive products, meeting requirements in food safety, national food security and other needs of the economy, securing high export values.