Rice exports earn high revenue

(VOV) -From January 1 to April 10, 2014 Vietnam shipped 1.324 tonnes of rice to overseas markets, earning a staggering US$622.334 million.

According to the Vietnam Food Association (VFA), in the first ten days of April alone, more than 108,900 tonnes were exported, reaping US$50.956 million.

At present, paddy prices in the Mekong Delta region – Vietnam’s largest rice basket – are hovering between VND5,150 –5,500/kg.

The price of 5%-broken rice is estimated at VND6,700 – 6,800/kg, while 25%-broken rice is traded at VND6,500 – 6,600/kg.

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