With positive results recorded so far, Vietnam can exceed its target of 7.6 million tonnes in rice export volume set for 2024, Nguyen Ngoc Nam, Chairman of the Vietnam Food Association, said at a conference in the Mekong Delta city of Can Tho on April 26.
VOV.VN - Vietnam was Singapore’s largest rice export partner during the first quarter of the year, accounting for 32.03% of the island state’s overall market share, according to the Vietnamese Trade Office in Singapore.
VOV.VN - Vietnam exported more than 2.1 million tonnes of rice worth nearly US$1.4 billion during the first quarter of the year, representing an increase of about 42% against the same period from last year, according to the Ministry of Agriculture and Rural Development (MARD).
With trade promotion activities intensified, the agro-forestry-fishery sector is able to earn US$54-55 billion in export revenue this year as assigned by the Prime Minister, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
Maintaining last year's growth momentum, the exports of many Vietnamese agricultural products posted strong performance in the first months of this year.
VOV.VN - Rice from the Mekong Delta province of An Giang has so far made its presence in 60 different markets around the world, with the locality aiming for this year's rice export turnover to reach US$325 million.
VOV.VN - 2004 is forecast to see rice exports exceed eight million tonnes for the second consecutive year, thereby bringing in about US$5 billion for Vietnam
VOV.VN - Senegal is a potentially lucrative market for Vietnamese rice due to high demand coming from the West African country, according to the Vietnam Trade Office in Algeria.
The recent falls in rice prices are only short-term and the upward trend will continue in 2024 on limited supply, providing significant opportunities for Vietnam’s rice export, analysts have said.
Vietnamese enterprises should seize the opportunities to increase rice exports to Indonesia which has allocated an additional rice import quota of 1.6 million tonnes for 2024 as dryness linked to the El Nino delayed harvest in the country, according to the Vietnam Trade Office in Indonesia.