Tag Archives: rice

Optimistic signal in rice export of Vietnam in early 2016

Packing line of rice exporter. (Photo: SGGP) According to the Vietnam Food Association (VFA), export of rice in early 2016 has seen more advantages than it did in the same period last year with contracts of 1.3 million tons of rice passed from last year and import demand from large and regular markets coming earlier. […]

VN eyes Thai rice in global market

According to the association, Viet Nam’s rice exports this year, excluding border trade, are expected to remain at last year’s 6.5 million tonnes. — P HCM CITY  (VNS) — Viet Nam will have various advantages in exporting rice this year though it may have to compete with Thai rice in the global export market when […]

El Nino leads to global rice shortfall

HA NOI (VNS) — The El Nino weather event that began last year and has continued into early 2016 has negatively impacted agricultural production in several countries.   This has caused a fall in rice supply and stockpiles in many parts of the world. The unfavorable weather condition has forced many countries that traditionally import […]

Rice exports up strongly in January

The volume fetched total revenue of nearly US$170 million, rising by US$90 million year-on-year. Meanwhile, a source said Vietnam’s total rice exports, including of non-VFA members, from January 1 to 26 increased more than 75% year-on-year to 751,000 tons. With the rice exports, Vietnam was the world’s second largest rice exporter last month after Thailand. […]

Authorities act to reduce risk for export of rice

Workers load rice onto the vessel for exporting in the Mekong Delta. (Photo: SGGP) After analyzing the actual rice export situation in 2015 and rice export potentiality in 2016, Mr. Huynh The Nang, chairman of the Vietnam Food Association (VFA), said that China remains the main rice export market this year with 54 percent of […]

Vietnam sees no future in exporting fragrant rice

VietNamNet Bridge – Vietnamese fragrant rice exports have been increasing rapidly, but the export value remain modest. The scented rice that Soc Trang Food Company exports to Hong Kong, Taiwan, Singapore and the US has been increasing rapidly. This prompted the company to join forces with farmers in 2015 to increase the Jasmine 85 fragrant […]

Rice exports: Vietnam’s low-price advantage won’t help

VietNamNet Bridge – Despite difficulties, Vietnam’s rice exports have remained stable over the last few years thanks to low prices. However, this advantage may not help in the future as the world market has seen major changes. According to VFA, Vietnam exported nearly 500,000 tons of rice in January 2016, an increase of 56 percent […]

Paddy, rice prices on the rise amid severe saltwater intrusion

Illustrative image (Photo: VNA) Hanoi (VNA) – Prices of paddy and rice are on the rise as a result of increased exports to Indonesia and the Philippines, as well as rising orders from China, according to the Ministry of Agriculture and Rural Development. The price hikes were reported in Mekong Delta provinces last week amid severe […]

Demand for winter-spring rice high

CANTHO – Farmers and firms in the Mekong Delta region have faced no sales pressure in the 2015-2016 winter-spring rice crop as in previous years as demand is high with enterprises still buying to fulfill export contracts.   Rice traders said the current inventory of rice in the Mekong Delta is low and severe drought […]

Export growth pushes up local rice prices

Rice bags are transported to milling plants in the Mekong Delta (Photo: SGGP) The first quarter rice export was up nearly 58 percent in volume and 51 percent in value over the same period last year to hit US$1.4 million tons and US$577 million under FOB (free on board) term, reported the Vietnam Food Association […]