Vietnam exports over 3.6 million tonnes of rice in 7 months

Vietnam exported over 3.6 million tonnes of rice for a free-on-board value of over 1.56 billion USD as of July 31, the Vietnam Food Association reported.
Vietnam exported over 3.6 million tonnes of rice for a free-on-boardvalue of over 1.56 billion USD as of July 31, the Vietnam FoodAssociation reported.

The figures showed a decrease of 10.78 percent in volume and 10.27 percent in value.

According to the Department of Cultivation under the Ministry ofAgriculture and Rural Development, rice price in the Mekong Delta, thecountry’s biggest granary, is on the rise as more firms are stocking upthe staple for export.

The region is spreading the big-scalepaddy field model, designed to connect farmers and businesses throughoutthe farming and sale process.

It plans to expand the model scope to cover up to 201,000ha from the current 140,000ha by the end of this year.

As originally planned, rice exporters nationwide are working to ship 6.2-6.5 million tonnes of the grain this year.-VNA

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