Trade ministry proposes resuming rice exports

The Ministry of Industry and Trade (MoIT) has asked the Government to resume rice exports. However, the export volume would be limited at 800,000 tonnes for April and May.
Trade ministry proposes resuming rice exports ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) - The Ministry of Industry and Trade (MoIT) has asked the Government to resumerice exports. However, the export volume would be limited at 800,000 tonnes forApril and May.

Minister of Industry and Trade Tran Tuan Anh on April 6 sent an urgent official dispatch to Prime MinisterNguyen Xuan Phuc after collecting opinions fromrelevant ministries and agencies relating to rice export management.

Accordingly, the MoIT proposed to allow rice exports butstrictly control monthly quota after careful consideration to ensure foodsecurity amid the COVID-19 pandemic.

The plan takes into accountsuitable solutions to maintain rice production to ensure economic growth whileensuring food security.

Especially, the plan was alsobased on the official announcement from the Ministry of Agriculture and RuralDevelopment on the rice volume of 3.2 million tonnes which could be exported inthe winter-spring crop. This is the remaining quantity after ensuring normaldomestic consumption and reserves.

The ministry said the countryshipped around 1.7 million tonnes of rice under signed export contracts as ofMarch 31. Therefore, the rice export volume in the future would be 1.5 milliontonnes. Meanwhile, the total rice reserves in the next two months before thesummer-autumn crop would be 700,000 tonnes.

Notably, the rice exports wouldbe only allowed through international border gates including road, railway,seaway and airway which were connected to the General Department of Customs forobservation.

In addition, the ministryrequired the 20 biggest rice exporters to sign agreements with at least asupermarket system to ensure food reserves for circulation. The MoIT could revoke the licences for riceexports if exporters do not meet the requirement.

Earlier, the Governmentannounced on March 25 to ban signing new rice export contracts to ensuresufficient domestic supplies to cope with the COVID-19 pandemic./.
VNA

See more

Saigon Marina IFC, an emerging landmark, reflects Ho Chi Minh City’s pioneering spirit.

Saigon Marina IFC – The light of Ho Chi Minh City’s new icon

Saigon Marina IFC, an emerging landmark, reflects Ho Chi Minh City’s pioneering spirit. Designed to become an International Financial Centre, this new architectural icon along the Saigon River is envisioned not only as a premium commercial complex, but as a central platform supporting financial institutions, international investors and cross-border capital flows in the years ahead.

Shoppers at a supermarket in Hung Yen (Photo: VNA)

Retailers see tax compliance, AI as key to survival in 2026 survey

The annual survey, conducted at the end of 2025 among retail and food and beverage (F&B) sellers nationwide, found that businesses are shifting their focus from rapid growth to operational efficiency, cost control and legal compliance amid increasingly stringent regulatory standards.

Visitors shop at Glorious Spring Fair 2026 (Photo: VNA)

Spring Fair 2026 opens broader prospects for Vietnam–UAE trade cooperation

For Vietnam, the UAE serves not only as a consumer market but also as a gateway to the Middle East and North Africa. Vietnamese agricultural products such as cashew nuts, pepper, cinnamon and rice have steadily gained market share, while aquatic products, including tra fish and tuna, are increasingly present in the UAE’s hospitality sector.

Bao Viet Bank's employee counts Vietnamese banknotes at a transaction counter in Hanoi. (Photo: VNA)

Credit quota reform, tighter capital rules may widen gap among banks

Yuanta Vietnam Securities estimates that to achieve GDP growth above 10%, credit growth would need to exceed 16%. This suggests bank credit is no longer expected to be the main growth driver, with greater reliance on fiscal policy, public investment and capital markets.

Commercial Counsellor Do Viet Phuong, Head of the Vietnam Trade Office in Cambodia. (Photo: VNA)

Spring Fair 2026 offers ample room to deepen Vietnam–Cambodia trade ties

Cambodia holds substantial potential for cooperation in agro-processing and exports, especially in key products such as rice, cashew nuts and rubber. In recent years, the country’s cultivation area and agricultural output have grown steadily, providing a stable raw material base for processing industries.

Vietnam is projected to have approximately 2.4 million SMEs, accounting for over 98% of the country’s total enterprises. (Photo: cafef.vn)

Banks offer diverse solutions to support SMEs

With an increasingly significant role in the economy, the small and medium-sized enterprise (SME) sector is becoming a key segment in the credit growth strategies of many banks and the banks have been taking diverse solutions to support the enterprises.

Workers process coconuts for export at Vina T&T Group. (Photo: nhandan.vn)

Agricultural exports reliant on securing raw material supply

According to Secretary General of the Vietnam Pepper and Spice Association Le Viet Anh, pepper remained Vietnam’s leading spice export in 2025, with shipments exceeding 247,000 tonnes, accounting for 59.3% of total spice export volume. Export revenue reached 1.66 billion USD, out of total spice exports of 2.1 billion USD.