Vietnam’s rice export prices are showing signs of recovery after a prolonged period of decline, according to the Vietnam Food Association (VFA).

VOV.VN - Vietnamese businesses exported 5.18 million tonnes of rice during the first seven months of the year, earning US$3.27 billion, according to the Ministry of Agriculture and Rural Development (MARD).

The prices of Vietnamese paddy and rice continued to increase last week, according to the the Vietnam Food Association (VFA).

The recent falls in rice prices are only short-term and the upward trend will continue in 2024 on limited supply, providing significant opportunities for Vietnam’s rice export, analysts have said.

VOV.VN - The prices of Vietnamese export rice have endured a sharp decline after hitting a record high recently, according to the Vietnam Food Association (VFA).

VOV.VN - Travel magazine Rough Guides of the UK has published an article recommending 9 essential Vietnamese foods that everyone should try when visiting the nation.

VOV.VN - Rice prices in exporting countries, including Thailand and Vietnam, have increased about 20% since India restricted the export of some types of rice, tightening global supply.

Prices of Vietnam’s exported rice are still the highest in the world, with that of 5% broken rice reaching US$638 per tonne, and 25% broken rice US$623 per tonne, according to the Vietnam Food Associaion.

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).