Vietnam has set a target to double the amount of foreign investment in agriculture to US$34 billion by the end of 2030. However, there were a number of shortcomings and limitations the country must urgently address to realise the goal, according to policymakers and industry experts.

VOV.VN - Vietnam is anticipated to rake in roughly US$3.5 billion from exporting more than seven million tonnes of rice this year, according to industry insiders.

VOV.VN - Bangladesh needs to import rice to meet its local demand, with Vietnam emerging as a potential supplier, Bangladeshi Minister of Food Sadhan Chandra Majumder said during a recent working session with the leadership of the Vietnam Southern Food Corporation (VINAFOOD II).

The Philippines is the top importer of Vietnamese rice during January – September this year, accounting for 43.9% of the country’s total export of the grain, according to the Ministry of Agriculture and Rural Development (MARD).

About 6.07 million tonnes of rice worth US$2.94 billion was exported in the first 10 months of 2022, up 17.2% in volume and 7.4% in value year on year, according to the Ministry of Agriculture and Rural Development (MARD).

Vietnam's food businesses will likely have more opportunities to increase exports thanks to high world demand while leading agricultural-producing countries tend to curb exports.

The Vietnam-Japan joint venture Angimex- Kitoku has unveiled its plan to expand its area of pesticide-controlled Japanese rice production next year for export to the European market.

VOV.VN - There remains bright prospects ahead for Vietnamese rice exports in the EU amid European partners continuing to place orders of up to 400,000 tonnes of rice from local exporters.

VOV.VN - India’s official ban placed on broken rice has led to a negative impact on the global rice market, resulting in the price of Vietnamese rice to increase sharply and surpass that of Thai rice, according to details given by the Vietnam Food Association (VFA).

Vietnam’s rice export is likely to surpass the target set for this year, said Chairman of the Vietnam Food Association Nguyen Ngoc Nam.