Vietnam's rice export prices have reached the highest levels globally, surpassing those of Thailand, Pakistan, and other major exporters, the Vietnam Food Association (VFA) has announced.

VOV.VN - The volume of Vietnamese rice for export in 2023 is estimated to have hit 8.2 million tonnes, bringing in nearly US$4.8 billion, according to the General Department of Vietnam Customs.

The Ministry of Industry and Trade’s Department of Export and Import recently announced a list of 170 eligible rice exporters as of October 18.

VOV.VN - Vietnam exported nearly six million tonnes of rice in the opening eight months of this year, representing a year-on-year rise of 20% and meeting 89% of the target set for the whole year.

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 - 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 Ministry of Trade and Industry's Import-Export Department urged rice exporters to ensure price stabilisation and food security in the domestic market after India restricted rice exports which is forecast to have a significant impact on the global rice market.

Although the export of goods has faced many difficulties, there have been encouraging signals in the past two months as enterprises and state management agencies have been actively implementing solutions to regain export momentum.

The rising demands for rice in international markets and higher prices are benefiting rice exporters as the number of orders has increased sharply.