VOV.VN - With a series of key markets announcing plans to import rice, Vietnamese rice businesses are expected to win big on a rising global demand and rising market prices this year.
The agriculture sector and traders have expressed their high optimism about rice exports this year given high prices and stable markets, helping the grain remain a big foreign currency earner.
VOV.VN - High demand for rice has prompted the export price of Vietnamese rice to rise to a record high of US$663 per tonne, the highest in the world at present.
VOV.VN - The export price of Vietnamese rice remains the highest in the world after India, the world's largest rice exporter, continued to apply an export tax of 20% on parboiled rice, according to details given by the Vietnam Food Association (VFA).
The Ministry of Industry and Trade has announced the list of 210 businesses that are eligible to export rice.
VOV.VN - The export price of Vietnamese rice has seen a sudden increase after a decline, while the selling price of Thai rice continued to fall, according to the Vietnam Food Association (VFA).
VOV.VN - The export price of Vietnamese 5% broken rice continued to rise to US$598 per tonne on August 3, and is likely to surpass US$600 per tonne in the coming days, according to the Vietnam Food Association.
VOV.VN - Vietnam's rice exports are forecast to hit roughly 7.2 million tonnes, therefore bringing home more than US$4 billion this year, according to figures released by the Ministry of Agriculture and Rural Development (MARD).
VOV.VN - Vietnam’s rice export prices have continuously set new records over recent times and exceeded the US$550 per tonne mark following India's official ban placed on rice exports.
The rising demands for rice in international markets and higher prices are benefiting rice exporters as the number of orders has increased sharply.