Vietnam harvested a record rice output of 41.8 million tonnes this year, 1.8 million tonnes higher than last year, said Ministry of Agriculture and Rural Development (MARD). Thanks to bumper harvest, Vietnam boosted its rice export, shipping abroad 6.8 million tonnes in the first eleven months, grossing $3.5 billion. This represented a year-on-year rise of [...]
The trading volume of rice has risen strongly in the past few days but the price of the commodity has kept falling, said a rice trader in Tien Giang Province. After dropping to 7,150-7,300 dong per kg for the dried paddy IR 50404 and 7,400-7,700 dong for the dried long-grain type on November 17, prices [...]
Vietnam’s rice export in November is estimated at 450,000 tons worth $260 million, lifting the total figure in Jan-Nov to 6.8 million tons valued at approximately $3.5 billion, rising 7.1% in quantity and 16.7% in value from the same period last year, Ministry of Agriculture and Rural Development (MARD) reported. The average rice export price [...]
Vietnam, the world’s second-biggest rice exporter, may ship 400,000 metric tons this month, according to figures released today from the General Statistics Office in Hanoi, 20 percent less than in the same period last year. The nation exported 450,000 tons in October, latest figures from the Statistics Office show, unchanged from a previous forecast. Exports [...]
Mekong Delta has exported 142,000 tons of rice, bringing the total export volume to 5.8 million tons of rice from the beginning of this year. The shipments mainly included 15-25% broken rice, accounting for 91% of the rice volume, almost equaling to the rice export of the region in 2010. 5.8 million tons of rice [...]
Vietnam exported 6.38 million tonnes of rice, worth US$3.22 billion, in the past 10 months of this year. According to the Ministry of Agriculture and Rural Development, Asia was the largest consumer of Vietnam’s rice, making up around 64 percent of the country’s exports. It was followed by Africa, with 25 percent and America, 7 [...]
Rice exporters, both small and large, attending the recent Rice Festival in Soc Trang Province showed keen interest in building their own rice brands to promote their images. Taking a green bamboo tree as a main design idea in the festival held last week, Gentraco aims to promote high-quality rice that is friendly to the [...]
Pricing is the biggest challenge facing Vietnamese rice in the world market, V Subramanian, vice president of the Rice Trader, told Viet Nam News on the sidelines of the recently concluded Rice Festival in Soc Trang Province. How is Vietnamese rice positioned in the global market now? I think Vietnamese rice has a very good [...]
Local rice exporters need to think on their feet to keep rosy business figures. According to Vietnam Food Association (VFA) deputy chairman Pham Van Bay it was hard to predict how rice export market would proceed in the forthcoming period. India reportedly has a rice inventory of 22 million tonnes from a recent bonanza and [...]
The Philippines is likely to buy about 800,000 tonnes of husked rice, mostly from Vietnam to support its stocks ahead of lean months next year. Agriculture Secretary Proceso J. Alcala said on November 17 that the government may invite bidders next month after the National Food Authority (NFA) Council meets in late November to identify [...]
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