Crop cultivation sector targets 21 bln USD in export this year
The crop cultivation sector has set the goal of earning nearly 21 billion USD from farm produce export this year.
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The crop cultivation sector has set the goal of earning nearly 21 billion USD from farm produce export this year.
The Government’s recently-issued Decree No.107 has mostly received a warm welcome from rice exporters as its provisions enable them to improve their competitive edge and expand export markets.
After decades of being considered to be among the largest rice exporters in the world without a proper brand name, the Ministry of Agriculture and Rural Development has officially a logo for Vietnames
The third Vietnam Rice Festival kicked off in the Mekong Delta province of Long An on December 18.
Rice exports have shown positive signals recently, with many firms winning bidding contracts, according to the Ministry of Industry and Trade (MoIT).
Cambodia's rice exports fell 13 percent year on year in the first 11 months of 2018, according to a report by the Secretariat of One Window Service for Rice Export Formality of Cambodia.
South Africa is a promising market for Vietnamese rice exporters as it consumes about 850,000 tonnes of rice a year, said an official from Vietnam’s Ministry of Industry and Trade (MoIT).
Rice export expected to reach 3 billion USD
Myanmar earned nearly 436 million USD from exporting rice and broken rice from April 1 to October 26 this year, according to the Myanmar Rice Federation (MRF).
The agro-fishery-forestry sector earned 32.6 billion USD from exports during the January-October period, up 8.1 percent year-on-year, according to the Agro Processing Market Development Authority (AgroTrade) under the Ministry of Agriculture and Rural Development.
New regulations included in Decree No.107/2018 ND-CP have helped cut down costs for businesses in market engagement activities and created strong motivation for the improvement of their trading capacity and the promotion of rice exports, said business representatives at a conference in Ho Chi Minh City on November 1.
Rice is one of Vietnam’s major exports and Vietnam has maintained the position as one of the world’s top ten biggest rice exporters for many years.
Cambodia exported 389,264 tonnes of milled rice in the first nine months of 2018, down 8.4 percent from the same period last year, according to the Secretariat of One Window Service for Rice Export Formality.
Myanmar exported 1.12 million tonnes of rice in the last six months, earning over 390 million USD, according to an announcement of the Myanmar Rice Federation.
The Ministry of Industry and Trade and The Rice Trader magazine co-organized the 10th World Rice Conference in Hanoi on October 11.
The Hanoi Trade Corporation (Hapro) has inked three contracts to export rice to Malaysia and the US worth nearly 2.5 million USD during an ongoing international rice conference.
The 10th The Rice Trader (TRT) World Rice Conference, the world’s most premier conference focused solely on the rice trade, was opened in Hanoi on October 11.
Vietnamese rice exports have never experienced a rise quite like that just seen in the first nine months of 2018.
