VOV.VN - The Ministry of Industry and Trade is collaborating with relevant ministries, agencies and localities to complete a draft decree on rice export and trading in the third quarter of this year to meet local and global market demands.

Vietnam remained the biggest rice provider of the Philippines in the first five months of this year with turnover of US$772.4 million, surging 31.1% year-on-year.

The export turnover of agro-forestry-aquatic products in the third quarter of 2023 is expected to be equivalent to the figure in the same period last year, and is likely to see positive growth in the fourth quarter, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.

VOV.VN - A total of seven items posted export turnover in excess of US$1 billion during the first half of the year, according to figures released by the General Statistics Office (GSO).

Vietnam will develop and diversify rice export markets with a reasonable, stable, and effective scale, market and product structure under a strategy recently approved by the Prime Minister.

VOV.VN - Vietnam earned US$2.02 billion from shipping 3.9 million tonnes of rice abroad in the first five months of the year, marking year-on-year increases of 49% in value and 40.8% in volume, respectively.

Deputy Prime Minister Le Minh Khai has just signed a decision approving the Strategy on Development of Vietnam's Rice Export Markets until 2030, which aims to develop and diversify rice export markets with a reasonable, stable, and effective scale, market and product structure.

VOV.VN - Vietnamese rice has seen a number of advantages of export markets as both orders and selling prices have increased sharply, according to industry insiders.

VOV.VN - After enduring a period of stagnation, China is purchasing additional rice from the Vietnamese market, with several local enterprises continuously negotiating new export contracts, according to industry insiders.

Rice exports in April 2023 were estimated at 1.1 million tonnes with a value of US$573.9 million, the Ministry of Agriculture and Rural Development reported.