Can Tho rice exports on the rise
(VOV) - Can Tho city exported 77.300 tonnes of rice in May, bringing its total rice export volume in the first five months of the year to nearly 364,000 tonnes worth US$180 million, up 34 percent against the same period last year.
Rice exports currently account for 38 percent of the city’s total export turnover.
The increase is attributed to the city’s timely support for businesses by purchasing nearly 100,000 tonnes of rice from the spring-winter crop for reserves.
Rice exporters have also promoted marketing to seek new outlets in Asia, Africa, and the Middle East and signed numerous contracts with foreign customers.
In addition, they have invested dozens of billions of VND in upgrading production lines to meet the export demand.
Some businesses have also authorized other provincial level units to expand the export of fragrant rice to Europe, North America and other Asian nations.