VOV.VN - Vietnam offers advantages when its rice is traded in the international market thanks to its high-quality and reasonable prices, according to the Vietnam Food Association (VFA).

VOV.VN - Vietnamese rice export prices, after peaking for several months, have fallen to levels lower than Thailand’s in all 5%, 25%, and 100% broken rice categories.

VOV.VN - The export price of Vietnamese 5% broken rice has surged recently, surpassing that of Thailand and other Asian rice exporters such as India and Pakistan.

VOV.VN - Despite the negative impact caused by the COVID-19 pandemic, Vietnam’s agricultural sector raked in US$35.5 billion from exports during the opening nine months of the year, a rise of 17.7% year on year, according to the Ministry of Agriculture and Rural Development (MARD).

VOV.VN - Local rice exporters have proposed setting up a supervision mechanism for imported rice as a means of avoiding origin fraud that could potentially harm the reputation of Vietnamese rice among the international market.

VOV.VN - The price of Vietnamese 5% broken rice has dropped to between US$485 to US$495 per tonne over the past week, marking its lowest level since December 10 last year, according to figures released by the Ministry of Industry and Trade.

VOV.VN - The prices of Vietnamese rice has reached a new record of US$567 per tonne, whilst continuing to exceed regional peers such as Thailand, India, and Pakistan, according to figures released by the Ministry of Agriculture and Rural Development.

Vietnam, for the first time in decades, has signed a contract with India to buy 70,000 tonnes of 100-percent broken rice from India to meet increasing demand of this kind of rice in the domestic market for producing animal feed.

While 2020 has been a successful year for Vietnamese rice exports, more must be done to accelerate the development of the national rice brand, experts have said.

VOV.VN - Each tonne of 5% broken white rice from the country was priced US$15 higher in comparison with the same product from Thailand in the world market as of August 8, hovering between US$478 and US$482 per tonne.