Loc Troi Group, a leading provider of agricultural services and products in Vietnam, shipped more than 4,500 tonnes of rice worth over US$3 million to markets in Europe, Americas and Asia in early 2022.

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.

Vietnam’s rice output topped 43.86 million tonnes in 2021, up 1.1 million tonnes year-on-year, according to the Ministry of Agriculture and Rural Development.

Loc Troi Group (LTG) has announced that it completed the export of final batch of rice this year to Europe, including 4,170 tonnes of jasmine and white rice.

VOV.VN - Despite enjoying preferential tariffs, domestic enterprises must devise long-term plans to increase rice exports to the stringent French market, according to industry insiders.

VOV.VN - There are bright prospects ahead for Vietnamese rice exports in the remaining months of the year due to higher export prices coupled with a rising demand globally.

The structure of Vietnam's rice for exports has shifted towards increasing the proportion of high-value-added rice varieties and reducing the rate of low-grade rice products.

The loosening of social distancing measures and increasing global demand have opened up great opportunities for Vietnamese rice exporters, according to experts.

Vietnam's rice exports to the Philippines still won a lion share of 87% in the first half of this year.

Despite a fall in Vietnam's rice exports so far this year, experts held that the situation will be improved once the COVID-19 pandemic is controlled.