The Philippines’s lowering tariffs on imported rice would open up opportunities for Vietnam to maintain stable supply of the product for the country and helping it stabilise the domestic market, the Vietnamese Ministry of Industry and Trade said.

Vietnamese rice exporters have been urged to play a more active role in utilising free trade agreements (FTAs) to which Vietnam is a party to boost falling exports.

VOV.VN - Vietnam raked in US$1.01 billion from exporting 1.9 million tonnes of rice during the opening four months of the year, with the Philippines becoming the country’s largest consumer, according to the Agro Processing and Market Development Authority.

VOV.VN - A representative of the Vietnam Trade Office in Australia has said the office is deploying emergency measures aimed at protecting Vietnamese rice trademarks after an Australian firm registered for trademark protection of Vietnamese rice varieties ST24 and ST25.

VOV.VN - Local businesses have been advised to swiftly prove their ownership of the Vietnamese rice ST25, the world’s best rice, for trademark protection in the United States, after four foreign firms registered to protect this trademark in the US.

VOV.VN - Vietnam’s rice exports recorded a sharp increase in the first half of March in comparison to the previous period from last year, with Thailand emerging as a key market, according to the Ministry of Industry and Trade (MoIT).

Vietnam exported 638,000 tonnes of rice worth US$352 million in the first two months of 2021, down 31.4% in volume and 18.3% in value year-on-year.

VOV.VN - Following Vietnam’s export turnover to Sweden witnessing an annual increase of 99.94% in January, the advantages brought about by the EU-Vietnam Free Trade Agreement (EVFTA) are anticipated to promote greater trade links between the two countries, according to insiders.

VOV.VN - The prices of Vietnamese rice has reached a new record of US$567 per tonne, whilst continuing to exceed regional peers such as Thailand, India, and Pakistan, according to figures released by the Ministry of Agriculture and Rural Development.

This year’s rice exports will not only sustain the value growth seen in 2020 but also increase in volume, a leader from major rice exporter - the Trung An Hi-tech Farming JSC - has said.