Tag: rice

Retail Asia15/01/2024
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2min0
Vietnam’s rice exports soared to 8.13 million tons, valued at US$4.7 billion in 2023, setting a new national record, as per the General Department of Customs. This marked a 14.4% increase in volume and a 35.3% rise in value from the previous year, despite challenges from the El Nino weather pattern. The export surge is […]

Retail Asia19/12/2023
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2min0
Vietnam has agreed with Thailand as well as the Philippines to strengthen rice export cooperation to ensure regional and global food security. The consensus was reached when Vietnamese Prime Minister Pham Minh Chinh met with Thai counterpart Srettha Thavisin and Filipino President Ferdinand Romualdez Marcos on the sidelines of the ASEAN-Japan Commemorative Summit on Sunday […]

Retail Asia18/12/2023
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2min0
In 2023, the rice farming area nationwide is 7.1 million ha with productivity estimated at 6.08 tonnes of unmilled rice per ha and total output at 43.1 million tonnes, up about 420,000 tonnes from last year. Some 7.75 million tonnes of milled rice was exported during the first 11 months of this year to bring […]

Retail Asia06/12/2023
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2min0
Vietnam rice export prices have reached a new peak of US$663 per ton, the highest price in the world right now, amid rising global demand. On Monday prices rose 2% in a single day to $663. Rice from Vietnam’s competitor Thailand has also risen 8% in the last four weeks to $625 while Pakistan’s prices […]

Retail Asia01/12/2023
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2min0
Vietnam has been named the winner of the World’s Best Rice Contest for the second time, with six varieties, including the renowned ST25. The six varieties were submitted by two each from three companies: Ho Quang Tri Private Company, Loc Troi and Thaibinh Seed. They include the ST25 rice developed by farmer-scientist Ho Quang Tri […]

Retail Asia02/11/2023
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4min0
Vietnam’s domestic rice prices have surged to a new record amid rising export demand while authorities ensure there is no supply shortage for consumers. Rice seller Thanh in Ho Chi Minh City’s Tan Binh District said that he has recently sourced price the popular Dai Thom rice from manufacturers at VND21,000 ($0.85) per kilogram, up […]

Retail Asia19/10/2023
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2min0
Vietnam’s rice price continues to rise as the harvest season ends, creating a shortage of supply. Vietnam’s 5% broken rice is now at $623 per ton, 7% higher than that of Thailand and 10.7% higher than that of Pakistan. The domestic paddy price has also been rising to unprecedented levels. Japanese paddy J02 is now […]

Retail Asia06/10/2023
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3min0
According to the Ministry of Agriculture and Rural Development, Vietnam set a new record in rice export revenue in the first nine months of 2023 thanks to price increases. The ministry has reported that the country earned US$3.66 billion from exporting rice in the period, up 40.4% year-on-year. The result was attributed to the increasing […]

Retail Asia15/09/2023
3min0
Vietnam’s rice exports are likely to reach record volumes this year on the back of burgeoning global demand and its large output. Le Thanh Tung, deputy head of the Ministry of Agriculture and Rural Development’s farming department, expected global demand to exceed Vietnam’s export capabilities. India’s recent rice ban has caused several countries such as […]

Retail Asia24/08/2023
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7min0
After India banned rice exports, prices of the grain have shot up but are unlikely to top the US$1,000 per ton levels reached in 2008 in the current scenario. India prohibited the export of non-Basmati rice varieties in late July, driving up global prices. The export prices of Vietnam’s 5% broken rice jumped by $25 […]

Retail Asia02/08/2023
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3min0
Vietnam has no immediate plans to restrict rice exports, a senior official of the country’s food association said on Monday, after India’s export curbs sparked worries about global supplies of the staple. “At the moment, Vietnamese companies are exporting rice normally,” said Nguyen Ngoc Nam, chairman of the Vietnam Food Association, which represents the country’s […]

Retail Asia24/07/2023
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10min0
Vietnam’s rice exporters could raise prices and sign long-term contracts with buyers now that India, the world’s largest supplier, has ordered an export halt. Indian government on July 20 announced a ban on non-basmati white rice as retail rice prices climbed 3% in a month after heavy monsoon rains caused significant damage to crops. India […]

Retail Asia18/07/2023
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5min0
The global decline of the rice supply and the impact of El Nino climate pattern have led to a sharp increase in the price of rice for export. Latest data from General Department of Vietnam Customs shows that in the first half of the year, rice exports reached more than 4.2 million tons and are […]

Retail Asia17/07/2023
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5min0
The global decline of the rice supply and the impact of El Nino climate pattern have led to a sharp increase in the price of rice for export. Latest data from General Department of Vietnam Customs shows that in the first half of the year, rice exports reached more than 4.2 million tons and are […]

Retail Asia03/07/2023
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3min0
Vietnam continued to be the biggest rice provider to the Philippines in the first five months of this year with a turnover of $772.4 million, surging 31.1% year-on-year. During January-May, the Philippines imported 1.5 million tons of rice from Vietnam, accounting for nearly 90% of its total imported rice, according to the Asia-Africa Market Department […]


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