Vietnam exports 7 million tonnes of rice, earning nearly US$3.59 billion

Vietnam had exported more than 7 million tonnes of rice as of October 15, but domestic paddy and rice prices have fallen amid slower purchases by exporters, according to the Vietnam Food Association (VFA).

The country's cumulative rice exports reached 7.02 million tonnes, valued at nearly US$3.59 billion, down 4.4% in volume and 21.9% in value from the same period last year, VFA data showed.

Last week, 5% broken jasmine rice was offered at US$420–435 per tonne, near a two-month low. A trader in Ho Chi Minh City said domestic trading remained subdued as many exporters slowed paddy purchases from farmers due to weak overseas demand.

In the domestic market, jasmine paddy traded at VND5,379 (US$0.20) per kilogramme, down VND21 from the previous week. In contrast, ordinary paddy rose by VND46 to an average of VND5,161 per kilogramme, according to the VFA.

In the Mekong Delta city of Can Tho, jasmine paddy held steady at VND8,400 per kilogramme, OM 18 at VND6,800, IR 5451 at VND6,200, and ST25 at VND9,400, according to the Institute of Policy and Strategy for Agriculture and Environment.

The An Giang Department of Agriculture and Environment reported fresh paddy prices ranging from VND4,800 - 5,900 per kilogramme, depending on variety, while retail rice prices in the province stood between VND12,000 - 22,000 per kilogramme.

On production, the Ministry of Agriculture and Environment said that by October 20, Mekong Delta provinces had sown nearly 1.24 million hectares of the 2025 summer-autumn crop and completed harvesting, with an average yield of 6.06 tonnes per hectare, equivalent to an estimated 7.51 million tonnes of paddy.

For the autumn-winter crop, 763,000 hectares had been planted, equivalent to 102.8% of the plan, with 263,000 hectares harvested at an average yield of 5.68 tonnes per hectare.

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Vietnam’s rice exports remain stable despite import pauses by Philippines

Vietnam’s rice exports are unlikely to be significantly affected in the short term, Acting Minister of Agriculture and Environment Tran Duc Thang said at a meeting on September 11 with businesses and associations following reports that the Philippines and Indonesia had temporarily suspended rice imports from early September.

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