Although Vietnamese rice has been exported to 150 countries and territories, markets for the product are mainly Asian countries and thus need to be diversified, according to experts.

The EU - Vietnam Free Trade Agreement (EVFTA) has opened up unprecedentedly big opportunities for Vietnamese rice export. Thanks to preferential tariffs, the shipments of fragrant and high-quality rice to the EU have reaped encouraging results.

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.