Tag Archives: rice prices

Vietnam’s rice export forecast to meet difficulty in 2015

The Vietnam Food Association (VFA) has predicted that 2015 will be a tough year for Vietnam ’s rice exporters as they will face fierce competitions from their Thai rivals. At a recent conference held by the Ministry of Agriculture and Rural Development (MARD) in Ho Chi Minh City to review the rice production in 2014, […]

Farmers stand to profit from Philippines’ decision to import rice

VietNamNet Bridge – The Philippines plans to import 1.7 million tons of rice this year and even more next year, giving Vietnamese exporters a chance to bid on big contracts, the Vietnam New Agency quoted Francis Pangilinan, advisor to President Benigno Aquino, as saying. The Philippines last year said they would begin a self-sufficiency drive […]

Thai rice exports set to reach 11 million tonnes this year

Thailand’s rice shipments are expected to reach 11 million tonnes this year thanks to price competitiveness and the government’s accelerated attempt to dispose of stocks, according to Bangkok Post newspaper. Thai Ministry of Commerce has sold 1 million tonnes of rice to China , 170,000 tonnes to Indonesia and 300,000 tonnes to the Philippines in […]

Vietnam’s rice exports to rise by 6 percent: FAO

The United Nations Food and Agriculture Organisation (FAO) has predicted that Vietnam’s rice exports would increase by six percent year-on-year to 6.9 million tonnes in 2014. The organisation attributed the increase to the country’s rising paddy yield and the rising demand of Asian markets, including Indonesia, Malaysia, China and the Philippines. FAO estimated Vietnam’s paddy […]

Rice export deals beat whole year’s target

CAN THO – The volume of rice export contracts clinched by members of the Vietnam Food Association (VFA) with foreign buyers has hit 6.5 million tons, exceeding the year’s forecast by at least 200,000 tons, a source told the Daily.   The source from Can Tho City’s Department of Agriculture and Rural Development said VFA […]

Rice output forecast at 45 million tonnes for 2014

Vietnam is forecast to produce 45 million tonnes of paddy rice this year, up almost 800,000 tonnes over 2013, according to the Ministry of Agriculture and Rural Development (MARD). By mid-September, farmers in southern and Mekong Delta’s provinces harvested summer-autumn rice on 1.81 million hectares, with average yields up 120 kg per hectare compared to […]

Mekong Delta meets 64.2 percent of annual rice export target

Over 4 million tonnes of rice were exported from the Mekong Delta by September 20, representing 64.2 percent of the region’s annual rice export target, the same as last year. Rice exports generated 1.84 billion USD in revenue for regional localities, the Steering Committee for the Southwestern region said. Between now and the end of […]

Ministry targets high value from rice farming in 2020

HANOI – The agriculture ministry aims high for rice farming, targeting to raise the export price of the staple food to around US$600-800 a ton in 2020 compared to the current price of US$452, said an official at a conference in Hanoi on September 24.   Pham Dong Quang, deputy head of the Cultivation Department […]

Vinafood signs 200,000 ton rice export contract to Indonesia

The Vietnam Southern Food Corporation has signed a contract to export 200,000 tons of five percent and 25 percent broken rice to Indonesia, said the Vietnam Food Association. Delivery will be made from October to December, according to the association. Businesses have so far singed contracts to export six million tons of rice, very close […]

Businesses push export rice price up in peak time

Several businesses have rushed to buy rice for export contracts amid price increase in the Mekong Delta where the summer autumn crop has entered peak harvest time. Traders paid VND5,300 a kilogram of fresh rice, which fetched only VND4,300-4,500 a month ago, said farmer Tran Van Het from Tam Binh District, Vinh Long Province. Businesses […]