VOV.VN - As many as 163 Vietnamese businesses have been certified to meet the conditions for rice export, according to an update from the Import-Export Department under the Ministry of Industry and Trade.

Despite the country’s status as one of the world’s leading rice exporters, Vietnam is expected to spend nearly US$1 billion on rice imports for processing this year.

VOV.VN - India has officially lifted its ban on the export of non-basmati white rice with the floor price being applied at US$490 per tonne, according to the Vietnam Food Association (VFA).

Indonesia has announced a record rice tender for September, seeking to acquire up to 450,000 tonnes from international suppliers.

Vietnam’s rice exports are expected to reach a record turnover of about US$5 billion this year, as high demand from many large and traditional markets, such as the Philippines and Indonesia, continues.

Vietnam exported 6.16 million tonnes of rice in the first eight months of this year, up 5.9% over the same period last year, the Ministry of Agriculture and Rural Development (MARD) has said.

With the current uncertainties in the global rice market, Indonesia's call for larger rice tenders is a major opportunity for exporters, particularly those from Vietnam.

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 Ministry of Agriculture and Rural Development (MARD) and the Ministry of Industry and Trade (MoIT) proposed establishing the National Rice Council to address rice-related issues at a working session in Hanoi on August 6.

Vietnam is expected to maintain a trade surplus for the ninth consecutive year in 2024, given its export growth in the remainders of the year equal to that during January-July, according to experts.