The export prices of Vietnamese rice in the first two months of 2023 rose by 9.8% year-on-year to US$528.5/tonne, according to the Ministry of Agriculture and Rural Development (MARD).

Vietnam’s rice export this year is expected to benefit from many favourable conditions, including high global demand, to reach 7 million tonnes, according to the Cong Thuong (Industry & Trade) newspaper.

VOV.VN - The price of Vietnamese rice for export and domestic use has witnessed a sudden rise in recent times amid several countries worldwide having huge demand for food reserves in the face of economic and political instability and climate change, according to industry insiders.

VOV.VN - Despite the export prices of Vietnamese rice recording a two year high, importers have put in bulk orders following the recent week-long lunar New Year break in Vietnam, signaling another fillip year for rice businesses.

Vietnam’s rice export is forecast to continue reaping successes this year as the world's rice prices remain high at least in the short term as global economic and political uncertainties have resulted in a high demand for rice reserves, according to experts.

VOV.VN - Vietnamese rice exports are forecast to see major breakthroughs this year thanks to high export price recorded in 2022 coupled with China's reopening.

VOV.VN -Philippine newspaper Philstar recently published an article explaining why the Philippines remains the biggest importer of Vietnamese rice.

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).

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.