The country's rice exports reached 5.87 million tonnes, valued at more than US$3 billion, up 2.88% in volume but down 16% in value compared with the same period in 2024.

Last week, export prices hit the highest levels in eight months amid tightening supplies. The association said fragrant 5% broken rice was offered at US$455–460 per tonne on August 28, the highest since early January.

A trader in Ho Chi Minh City noted that supply was tightening while demand remained steady ahead of the Philippines’ planned 60-day import suspension starting September 1.

In the Mekong Delta city of Can Tho, jasmine paddy was traded at VND8,400 per kilo, IR 5451 at VND6,200, OM 18 at VND6,700, and ST25 at VND9,500, 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 VND5,700 to VND6,200 per kilo depending on variety, while retail rice prices in the province stood between VND13,000 and VND22,000 per kilo.

As of August 25, Mekong Delta provinces had sown over 1.82 million hectares of summer–autumn rice, with 1.08 million hectares harvested, yielding an estimated 6.53 million tonnes. Autumn–winter planting had reached 581,000 hectares out of 700,000 planned, or 83%, while seasonal rice covered 145,000 hectares, or 43% of the target.

Vietnam’s rice exports set to surpass 8.2 million tonnes

Despite a temporary halt in rice import from the Philippines, Vietnam’s rice exports are expected to exceed 8.2 million tonnes for the whole year, bolstered by rising shipments to such markets as Bangladesh, China, and South Africa.