Thai government to extend rice price scheme World

Thai government to extend rice price scheme

The Thai government looks set to extend the rice price guarantees in the 2021-22 season, pledging to earmark 88 billion THB (over 2.6 billion USD) for the annual scheme operating for the third consecutive year.
Firms to get help to expand rice export markets Business

Firms to get help to expand rice export markets

In order to take advantage of FTAs ​​and increase the Vietnamese rice export market share at more competitive prices, the Ministry of Industry and Trade will continue to coordinate with ministries, branches and the Vietnam Food Association to help businesses effectively implement the deals and make the most of markets such as the Republic of Korea and the EU.
Thai paper impressed by Vietnam’s rice strategy World

Thai paper impressed by Vietnam’s rice strategy

he Bangkok Post on January 25 published an article entitled “Vietnam’s clever rice strategy” by Executive Vice President of the Bangkok Bank Suwatchai Songwanich, mentioning Vietnam and Thailand’s approaches to rice export.
Rice exports to Philippines surpass 1-billion-USD mark Business

Rice exports to Philippines surpass 1-billion-USD mark

The Philippines was the top importer of Vietnamese rice in 2020, purchasing 2.22 million tonnes worth 1.06 billion USD, a year-on-year surge of 4 percent in volume and 19.3 percent in value, according to the General Department of Vietnam Customs.
 Q1 rice export outlook remains promising Business

Q1 rice export outlook remains promising

High hopes are pinned on Vietnam’s rice export in the early months of 2021 after the price of its 5-percent broken rice exceeded 500 USD per tone last year, the highest since the end of 2011.
Thailand rice exports likely to fall 12 percent in 2020 World

Thailand rice exports likely to fall 12 percent in 2020

Thailand’s rice export volume is estimated to reach 5.7 million tonnes in 2020 with revenue of about 3.8 billion USD, down 12 percent year on year, according to Thai Rice Exporters Association (TREA) Honorary President Chookiat Ophaswongse.