The Vietnam Food Association aims to ship 2 million tonnes of rice to foreign countries in the last five months of the year, increasing total rice export for the whole year to 5.2 million tonnes.
There remains considerable potential for Vietnam to export rice to Singapore, according to a Vietnamese delegation which visited Singapore in early August to seek ways to boost the shipment of agricultural products to this country.
Exports of glutinous rice to China, Vietnam’s biggest rice importer, are stagnating, despite overseas shipments of the commodity soaring 34 percent in the first half of 2017.
Vietnamese firms have won deals to supply 175,000 tonnes of rice to the Philippines at a tender on July 25, according to the Vietnam Food Association (VFA).
Vietnam exported nearly 2.66 million tonnes of rice in the first half this year with free-on-board value of 1.65 billion USD, reported the Vietnam Food Association.
Due to the recovery in global demand for rice, the Vietnam Food Association (VFA) decided to revise 2017 rice export target to more than 5.7 million tonnes, up 800,000 tonnes from 2016.
Vietnamese private rice exporters will be allowed to participate in the bidding for the supply contract of 250,000 tonnes of rice to Philippines on July 25.
The Ministry of Industry and Trade is drafting a decree to remove bottlenecks for rice export businesses, especially small-and medium-sized enterprises (SMEs).
China has announced a list of 22 Vietnamese companies which are eligible for exporting rice to the country through official channels, according to Deputy Minister of Agriculture and Rural Development Tran Thanh Nam.
Improving the quality of rice products has become the most urgent task given consecutive reductions in rice exports in recent years, experts said at a conference in Ho Chi Minh City on November 11.
Vietnam’s rice exports in the first ten months of 2016 reached 4.2 million tonnes, earning 1.9 billion USD in revenue, a year-on-year decrease of 21.2 percent in volume and 16.9 percent in value.
Philippine businesses have been allowed to import additional 293,100 tonnes of rice from Vietnam to ensure food demand during the 2017 between-crop period, according to the Vietnam Food Association.
Philippine businesses have been allowed to import additional 293,100 tonnes of rice from Vietnam to ensure food demand during the 2017 between-crop period, according to the Vietnam Food Association.
Vietnam hopes to export 1.6 million tonnes rice in the four remaining months of the year, raising exports for the year to 4.9 million tonnes, said the Vietnam Food Association (VFA).
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