Tag Archives: domestic rice

Vinafood 2 invests in large-scale fragrant rice fields

CAN THO – Vietnam Southern Food Corporation (Vinafood 2) will be growing fragrant rice for export on large-scale fields in a bid to cope with fiercer competition from other rice exporting countries.   Vinafood 2 general director Huynh The Nang told the Daily that the corporation will start its large-scale field project to produce fragrant rice and […]

Mekong Delta’s rice output increases six times

The Mekong Delta’s rice output has increased six times during the 1976-2014 period, according to the Mekong Delta Rice Research Institute. According to Le Van Banh, Head of the Institute, the whole region produced 25 million tonnes of unhusked rice in 2014 while the figure recorded in 1976, when the institute was established, was just […]

Vietnam urged to develop its national rice brand

(VOV) – Although Vietnam was the second-largest rice exporter in the world for 2014, it is in urgent need of investment to develop a national brand to increase the value of its rice harvests. In recent years, the Mekong River Delta region has spared no effort to attract investment in the field of rice production. […]

Exporters contract one million tons of rice this year

Member enterprises of the Vietnam Food Association (VFA) have already clinched export contracts for at least one million tons of rice with delivery scheduled for this year. Most of the volume will be delivered to customers this year based on the contracts that VFA’s member enterprises signed with importers last year. The volume is 200,000 […]

VN aims to increase rice exports

Viet Nam will focus on Africa, West and South Asian markets to boost rice exports amidst harsh competition anticipated this year, according to the Ministry of Industry and Trade. Those markets saw rising demands for rice, the ministry’s Department of Africa, Western and Southern Asia Markets said. The department cited statistics from the Food and […]

Vietnam Food Association pledges to purchase all farmers’ rice

The Vietnam Food Association (VFA) has promised that it will buy all commodity rice from farmers this year regardless of gloomy export prospects. According to VFA Chairman Nguyen Hung Linh, Vietnam ’s rice export will face more difficulties this year as China , the largest importer of Vietnamese rice that accounts for 30 percent of […]

Rice exports in Q1 to reach 900,000 tonnes

Rice exporters are expected to ship 900,000 tonnes of the grain abroad in the first quarter of this year. Under plans drawn up for 2015 by the Vietnam Food Association (VFA), rice exports for the whole year will reach 7 million tonnes. Nguyen Hung Linh, VFA Chairman, said local exporters have not signed many contracts […]

Outlook for rice exports mediocre for 2015

The Vietnam Food Association (VFA) has scaled back its forecast for rice exports in 2015 on the back of a lacklustre 2014— as it continues to search for measures to jump start exports and power up the sector. For the year ended December 2014, Vietnam exported 6.316 million tonnes of rice, grossing US$2.789 billion in […]

Rice traders to expand sources

HA NOI (Biz Hub) — Rice exporters must build new areas for sourcing raw material in direct proportion to their export volumes, the Ministry of Industry and Trade said in a decree issued last week. The decree talks about a roadmap for the development of areas from where raw material can be sourced, as well links rice production and […]

Mekong Delta exports 516,000 tonnes of rice in January

The Mekong Delta provinces earned 229 million USD from export of 516,000 tonnes of rice in January, up 3.2 percent over the same period last year, according to the Steering Committee for the Southwestern Region. In 2015, regional provinces are planned to ship abroad 6.2 million tonnes of rice, worth 2.9 billion USD, a year-on-year […]