Upturn in rice exports early this year

VOV.VN - Rice exports made a breakthrough in January with an estimated volume of 495,000 tons worth US$218 million, up 56.7% in volume and 46% in value against last year’s same period. 

The Vietnam Food Association (VFA) attributed the strong growth to high demands from the Philippines and Indonesia- the major outlets of rice for reserves due to serious impacts of drought caused by El Nino.


Some rice exporters said an increase of 40% in selling price facilitated rice exports as a result of remarkably reduced volumes in stock and greater purchasing power after the winter-spring crops.
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Rice export exceeds 2.8 million tonnes
Rice export exceeds 2.8 million tonnes

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Rice export exceeds 2.8 million tonnes

Rice export exceeds 2.8 million tonnes

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Vietnam hopeful about rice export in 2016

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Vietnam will have various advantages in exporting rice this year though it may have to compete with Thai rice in the global export market when Thailand sells rice at stock.