Vietnamplus

Nine Vietnamese fragrant rice varieties will enjoy tariff export quotas to Europe under the Europe-Vietnam Free Trade Agreement.

Vietnam needs to invest more in post-harvesting technologies to improve the competitiveness of its farm produce, including fruits and vegetables, in the global market, experts have said.

The Thai Rice Exporters Association on July 22 predicted that the country’s 2020 rice exports will drop to 6.5 million tonnes, the lowest volume in two decades, owing to drought and a strong baht currency.

Thailand's rice exports are likely to plunge to 6.5 million tonnes this year, the lowest in the last decade, from an earlier projection of 7.5 million tonnes because of negative factors, according to the Thai Rice Exporters Association (TREA).

Vietnam’s GDP in the third and fourth quarters will grow better than it did in the first half of the year as the country still has ample space for growth, a press conference in Hanoi on June 29 heard.

Cambodian Ministry of Agriculture, Forestry and Fisheries on May 20 signed an agreement with the International Rice Research Institute (IRRI) aiming at improving the country’s rice sector through promoting research and enhancing productivity and resiliency.

Officials from provinces and cities in the Mekong Delta – the country’s rice granary - and rice exporters have urged the government to resume rice exports without setting limits, saying many firms face difficulties because of this.

The Ministry of Industry and Trade (MoIT) has asked the Prime Minister to allow the verification of statistics and rice exporters’ inventory so as to have appropriate directions for the time ahead.

Prime Minister Nguyen Xuan Phuc discussed with leaders of the Mekong Delta province of Soc Trang about measures to tackle saltwater intrusion in the region during a teleconference on March 25.

The Ministry of Industry and Trade has asked the Prime Minister to postpone the implementation of a decision on suspending rice export.

Minister of Agriculture and Rural Development (MARD) Nguyen Xuan Cuong has ordered the farming sector to ensure stable supply for domestic consumption and prevent food price gouging.

The Ministry of Industry and Trade has asked rice traders to strictly maintain a reserve equivalent to at least five percent of their export volume in the six most recent months as well as enhancing efforts of price stabilisation in the domestic market amid ongoing global uncertainties.

Vietnam expects to achieve its export target of 6.7 million tonnes of rice this year due to high global demand, according to an official.

Vietnam exported 560,000 tonnes of rice in January 2020, earning 270.3 million USD, an increase of 12 percent in volume and 39 percent in value month-on-month, according to the General Department of Customs.

The Mekong Delta region of Vietnam, an area that helps feed about 200 million people, is predicted to sink underwater by 2100.

The Mekong Delta region of Vietnam, an area that helps feed about 200 million people, is predicted to sink underwater by 2100.

After setting record-high imports this year, the Philippines plans to buy less rice from foreign markets next year amid excessive supply coupled with improvement in local production.

The Mekong Delta province of Kien Giang, the country’s largest rice producer, is expected to produce 4.3 million tonnes of paddy this year, up more than 35,200 tonnes against last year, according to its Department of Agriculture and Rural Development.

The Mekong Delta, the country’s rice granary, will see summer – autumn rice output increase by 150,000 tonnes this year, the Plant Cultivation Department has estimated.

Vietnam exported 4.01 million tonnes of rice worth 1.73 billion USD in the first seven months of 2019, up 2.1 percent in volume but down 14.3 percent in value year on year, according to the Ministry of Agriculture and Rural Development.