At the opening ceremony, the Ministry of Agriculture and Rural Development reveals the logo of Vietnam’s rice brand (Photo VNA)
Long An (VNA) – The third Vietnam Rice Festival kicked off in theMekong Delta province of Long An on December 18.
The week-long event is being run by the Vietnam Farmer’s Union, the Ministry ofAgriculture and Rural Development and the provincial People’s Committee.
Vice Chairman of the Vietnam Farmer’s Union Luong Quoc Doan said the festival isan important part of the country’s strategy for agriculture development, andrice production and exports.
It also affirms the key economic role and brand of Vietnamese rice in theglobal market, he added.
The event aims to promote the advantages of the Mekong Delta and enabledomestic and foreign organisations, businesses and investors to seekcooperation opportunities.
It features a wide range of activities, including a trade fair on Vietnameserice involving more than 600 businesses and localities, a contest on theVietnamese rice brand and workshops on climate change adaptation and rice branddevelopment.
At the opening ceremony, the Ministry of Agriculture and Rural Development revealedthe logo of Vietnam’s rice brand.
The logo of Vietnam's rice brand (Photo VNA)
The first edition of the festival was held in 2009 in Hau Giang province.
In the past few months, rice has been the fastest-growing currency earner amongagro-forestry-fisheries products. From January-November 2018, Vietnam exported5.7 million tonnes of rice worth 2.86 billion USD, up 16.8 percent year-on-yearin terms of value.
The number of Vietnam’s rice export markets has increased to 150 countries andterritories from 60 over the last three years. Apart from traditional markets,more Vietnamese rice has reached Latin American and Middle East countries.
The Ministry of Industry and Trade forecast that rice exports will hit 6.2million tonnes this year, up 6.6 percent annually, bringing home nearly 3.12billion USD, up 18.5 percent year-on-year.-VNA
According to a new governmental decree, rice-exporting businesses will no longer be required to own rice storage, paddy milling and grinding facilities with processing capacities of 5,000 tonnes of rice and 10 tonnes of paddy per hour, respectively.
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.
Vietnam shipped abroad 264,000 tonnes of rice in October this year for 136 million USD, pushing the total figures so far this year to 5.2 million tonnes worth 2.6 billion USD, up 1.7 and 14.1 percent year-on-year.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
At the opening ceremony, the Ministry of Agriculture and Rural Development reveals the logo of Vietnam’s rice brand (Photo VNA)
The logo of Vietnam's rice brand (Photo VNA)
