Can Tho (VNA) – Vietnam’s rice export is likely to surpass the target set for this year, said Chairman of the Vietnam Food Association Nguyen Ngoc Nam.
During a conference co-hosted by the Ministry of Agriculture and Rural Development and the People’s Committee of the Mekong Delta city of Can Tho on September 22, Nam said Vietnam earned nearly 2.4 billion USD from exporting 4.97 million tonnes of rice in the first eight months of this year, up 20.7% in volume and nearly 9.9% in value from the same period last year.
Vietnam plans to ship 6.3-6.5 million tonnes of rice this year, or 100,000–200,000 tonnes more than 2021.
Illustrative image (Photo: VNA)
Asia is the biggest buyer of Vietnamese rice, accounting for more than 50%, followed by Africa and America.
The Philippines alone bought over 1 billion🦋 USD worth of Vietnamese rice, or nearly half of Vietnam's total export, mostly jasmine and 🌳hi-quality rice, up more than 47% year on year.
In the past eight months, China bought over 520,000 tonnes of rice from Vietnam, or about 10% of Vietnam's rice exports, down 29% annually. At present, the neighbouring country has huge demand for glutinous rice but supplies in Vietnam are insufficient.
Ghana and the Iജvory Coast remained stable markets for Vietnam, with more than 18% of the total rice export./.
There is still room for Vietnamese exports to grow in the Association of Southeast Asian Nations (ASEAN) market, including rice, the country's major export. However, it is necessary for enterprises to review the import demand of each country, pay attention to brand building as well as enhance the competitiveness of Vietnamese rice, experts said.
Vietnam has become one of the leading rice producing and exporting countries in the world. However, this item is usually imported raw, then distributed under the brand of the importers. Some domestic agricultural enterprises have pooled resources to build high-quality rice production chain, successfully penetrating choosing markets, and helping leverage the prestige of Vietnamese rice on the global market.
The Trade Promotion Agency under Ministry of Industry and Trade (MoIT) stands ready to support and create favourable conditions for companies of Vietnam and Côte d'Ivoire to promote bilateral trade in the future, its director Vu Ba Phu has said.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
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The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
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Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
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Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
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This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.