VOV.VN - Vietnam’s rice export prices have continuously set new records over recent times and exceeded the US$550 per tonne mark following India's official ban placed on rice exports.

The rising demands for rice in international markets and higher prices are benefiting rice exporters as the number of orders has increased sharply.

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.

VOV.VN - Vietnamese rice exports during the first quarter of the year witnessed robust growth in both traditional and potential markets, with the number of rice export orders and price rising sharply, heard a meeting held on April 26 in Ho Chi Minh City.

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.

Vietnam exported roughly 4.08 million tonnes of rice in the first seven months of 2022 to earn over US$1.99 billion, up 17.3% and 6%, respectively, against the same period last year, customs data shows.

VOV.VN - With the current rice export market remaining relatively stable, buying demand is still at a high level with the initial days of June seeing the export rice price continuing to rise by US$10 to US$15 per tonne compared to May.

VOV.VN - Vietnam offers advantages when its rice is traded in the international market thanks to its high-quality and reasonable prices, according to the Vietnam Food Association (VFA).

Vietnam exported 1.14 million tonnes of rice worth US$715 million in the first quarter of 2022, up 24% in volume and 10.5% in value year-on-year, according to the Ministry of Agriculture and Rural Development.