Tag Archives: rice prices

Opportunities await rice exporters

Experts said opportunities are waiting for Vietnamese enterprises to boost rice exports in the final months of the year as the Philippine government plans to import an additional 400,000 tons of rice and China’s demand is bouncing back. According to the National Food Authority (NFA) of the Philippines, the country intends to buy 400,000 tons […]

Rice price increase ensures farmers’ profit in Mekong Delta

The Mekong Delta is amid the harvest time of summer autumn rice whose prices have increased ensuring farmers’ profit. Trader Huynh Phu Loc from Lai Vung District, Dong Thap Province said that they paid VND5,000-5,100 per kilogram of fresh normal rice and VND5,200-5,300 a kilogram of fresh long grain rice. Fragrant rice price is as […]

Philippines abandons timeframe for rice self-sufficiency

The Philippines has shifted away from setting a target date for its plan to be completely self-sufficient in the production of rice, a senior government official said, likely keeping its doors open to imports beyond the current goal of 2016. That will be welcomed by key supplier Vietnam, which is looking to follow up on […]

Rice prices surge as export turns active

Prices of rice in the domestic market have recovered as exporters have boosted their purchases thanks to positive signs of export markets in the third quarter. Low-grade IR 50404 paddy (unhusked rice) in the Mekong Delta province of Dong Thap now sells for VND4,200-4,250 per kilo, rising VND200 against last week, while IR 50404 rice […]

Delta rice yields high despite bad weather

Farmers in Cuu Long (Mekong) Delta have harvested one-fourth of the summer-autumn rice, with an average yield of 5.6 tonnes per ha, according to the Ministry of Agriculture and Rural Development’s Plant Cultivation Department. The yield this year has been good, but heavy rains and winds in recent days have flattened many rice fields in […]

Rice export target a big task

The pace of Cambodia’s rice exports are expected to slow this year. Unable to maintain the steady rate of previous years, the export volume for the first half of 2014 is much the same as it was this time last year. At the end of June, milled rice exports had reached 178,000 tonnes for the […]

Mekong rice sector needs restructuring

The restructuring of rice farming in the Mekong Delta should focus on improving farmers’ incomes and sustainable development, experts told a recent seminar in Can Tho city. Le Van Banh, head of the Cuu Long Delta Rice Research Institute, said though the rice cultivation area and output increase every year farmers remain poor. The main […]

Over 2.37 trillion VND for developing high-tech agriculture

Five commercial banks will provide more than 2.37 trillion VND (111.22 million USD) in loans for five agricultural producers to expand their activities in the time ahead, especially the application of advanced technologies in agricultural production. To this effect, loan contracts were signed in Hanoi on July 2 as the second part of a pilot […]

Singapore rice imports

A number of Singaporean businesses paid due attention to Vietnamese rice, especially Jasmine rice, and affirmed that they will continue to import the Vietnamese rice. The statement was made during a two-day working visit to Singapore early this week led by Deputy Minister of Industry and Trade Tran Tuan Anh. During the meeting with Singaporean […]

Stockpiling as a Strategy to Increase Rice Farmers’ Profits

A Government programme to create a temporary stockpile of one million tonnes of rice from the winter-spring crop has ensured that many farmers in the Cuu Long (Mekong) River Delta earned profits, a meeting heard yesterday in Long An Province. To prevent prices from falling during the peak rice harvest season, the Government tasked food […]