Vietnam will sell 240,000 tons of five-percent-broken rice to Malaysia, local media reported Tuesday. The rice will begin arriving in April, according to Lam Anh Tuan, director of Thinh Phat Company. The firm, based in the Mekong Delta province of Ben Tre, is one of many that will help fill the contract. Tuan told Thoi […]
After continuously falling, winter spring rice prices have begun to inch up in the Mekong Delta provinces in recent days. Fresh normal rice price ranged from VND4,200-4,300 a kilogram in Dong Thap, Vinh Long, Can Tho and An Giang on February 23. High quality rice was paid VND4,400-4,500 a kilogram while fragrant variety fetched VND5,000 […]
(SGGP) Businesses have begun purchasing one million tons of winter spring rice in the Mekong Delta on March 1 when the Prime Minister’s rice stockpiling decision took effect. The Government has assisted businesses with 100 percent of bank loan interest rate in four months to buy rice under the program from March 1 until April […]
Vietnam’s rice exports have dropped sharply in value after Thailand began dumping surplus grain on the market, China placed restrictions on imports, and India and Myanmar cut their prices. Market share is being eroded due to cheaper rice from Thailand, which is running down its inventories, with Vietnam having lost 60 percent of its Africa […]
Vietnam exported 5.55 million tonnes of rice worth 2.56 billion USD in the first 11 months of 2014, according to the Vietnam Food Association (VFA). News website ndh.vn quoted the VFA as saying that in the first 20 days of November, the nation shipped 190,000 tonnes of rice, and from the first day of this […]
The Mekong Delta region’s unhusked rice output is likely to reach 25.2 million tonnes this year, according to the Cultivation Department under the Ministry of Agriculture and Rural Development. The figure represents an increase of 708,000 tonnes compared with the harvest last year and 56 percent of the country’s total output. The three provinces of […]
Rice export in the Mekong Delta is likely to reach 5.85 million tonnes of rice in 2014 worth 2.9 billion USD, equal to the last year’s value, according to the Steering Committee for the Southwestern Region. The region shipped abroad 5.6 million tonnes of rice as of December 15, and is going to export an […]
VietNamNet Bridge – Hai Quan newspaper has quoted foreign sources who say that Thailand will sell both newly harvested and inventoried rice at low prices. This will create challenges for Vietnam, which competes with other rice exporters by offering low prices. “Reasonable prices are the biggest competitive advantage of Vietnamese rice. But now, if Thailand […]
VietNamNet Bridge – Reviewing the effectiveness of rice exports and solutions to improve the position and role of farmers is the subject in the recent research “Structure of the rice industry and the interests of small producers” by the Agricultural Alliance. Dr. Nguyen Duc Thanh – Director of the Center for Economic and Policy Research […]
VietNamNet Bridge – Vietnam hopes the rice price in the world market will increase as Thailand has asked its farmers to stop selling rice in anticipation of a price hike. The Thai government has reported major losses from the rice subsidy program initiated by the previous government. The country has continued to help farmers store […]
