Vietnam promotes rice exports to China

A delegation of the Ministry of Industry and Trade (MoIT) led by Deputy Director of the ministry’s Agency of Foreign Trade Tran Quoc Toan and representatives from 19 Vietnamese rice exporters have paid a working visit to Beijing, China to promote Vietnamese rice in the market.
Vietnam promotes rice exports to China ảnh 1Workesr pack rice for export. (Photo: VNA)

Hanoi (VNA) – A delegation of the Ministry ofIndustry and Trade (MoIT) led by Deputy Director of the ministry’s Agency of ForeignTrade Tran Quoc Toan and representatives from 19 Vietnamese riceexporters have paid a working visit to Beijing, China to promoteVietnamese rice in the market.

During the visit, the Vietnamese delegation worked withrepresentatives from the Ministry of Commerce of China, the China AnimalAgriculture Association, and Xinfadi Group and visited the Vietnam Trade Officein China.

According to the MoIT, in the structure of exports from Vietnamto China, rice shipments have seen good growth in recent years, accounting for nearlyone-fifth of China's total rice imports. In 2022, Vietnam's rice exports toChina reached 834,200 tonnes, worth 423.2 million USD.

In the first nine months of 2023, China imported nearly869,000 tonnes of rice from Vietnam, an increase of 41.1% over the same periodin 2022.

Notably, Vietnam is capable of supplying popular ricevarieties in China and has established long-term traditional partnerships.

Vietnamese rice exporting businesses always recognise thatChina is an important market, ranking 2nd among Vietnam's rice importers,thereby constantly making efforts to improve product quality and packaging tobetter meet the regulations, demands, and tastes of Chinese consumers.

To consolidate thetrade relations between the two countries in general and their rice trade inparticular, especially for the Northern China area, the delegationproposed and reached an agreement with Chinese agencies, associations, andagricultural and food businesses, especially Chinese rice businesses.

Specifically, the two sides will strengthen trade support and establish information exchange channels to jointly solve arising issues and promoteVietnam's rice exports to China.

Besides, they will consider signing memoranda of understanding to promote exports and trade promotion between the two countrieswhile supporting Vietnamese rice products to enter deeply into China'straditional retail and e-commerce channels./.

VNA

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