Trung An Hi-tech Farming JSC in the Mekong Delta has been exporting rice under foreign brand names for many years though it is itself one of the biggest rice exporters in Vietnam.
Vietnamese rice exports are expected to grow stronger by the end of the year after a brief lulling period, said Tran Van Cong, Deputy Director of the Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development.
The prospect of the Vietnamese rice export sector later this year is forecast to be bright given the nation’s recent successful bids for supplying rice for Indonesia and the Philippines.
VOV.VN - The National Food Authority of the Philippines has sent tender invitation to all domestic and foreign companies for the government-to-private (G2P) auction of 250,000 metric tons of rice.
The Ministry of Industry and Trade is drafting a decree to remove bottlenecks for domestic rice exporters, especially small-and medium-sized enterprises (SMEs).
Expansion of land limits and accumulation of land for large-scale production are expected to be the foundation for the branding of farm produce.
VOV.VN - Rice has long been one of Vietnam’s most competitive agricultural products in the global market. But reform is urgently needed for sustainable rice production as the international integration process is posing numerous challenges to the sector.
The recent suspension of rice importation by the Philippines, a major market, has sparked concern among Vietnamese rice exporters.
The sudden surge in domestic rice prices in this year’s winter-spring crop has made a number of rice exporters suffer from losses in the first quarter.
Vietnam, the second largest rice exporter in the world, is facing big challenges.
Rice exporters complain they have to satisfy many requirements and pay under-the-table money to obtain a license to export rice.
Slowing overseas demand is putting the brakes on Vietnam's rice exports this year, industry players say.
China has authorised 22 Vietnamese businesses to export rice into its market, Vietnam’s Ministry of Agricultural and Rural Development (MARD) announced.
The Ministry of Agriculture and Rural Development (MARD) has ordered Vietnam’s rice exporters to closely control the quality of rice exported to the US, after some exports were rejected.
Rice exports are expected to reach about 400,000 tonnes for May, a year-on-year reduction of over 31%, and the lowest ratio since the beginning of this year, the Vietnam Food Association (VFA) reported.
Thailand’s plan to sell off its rice stockpile within two months has sparked concerns for Vietnamese rice exporters, many of whom have been already hitting bumps.
Vietnamese rice exporters have been told to try to penetrate non-China markets to make bigger profits. However, they have not made efforts to attack markets in France and the US.
Five big rice exporters, including Thailand, India, Vietnam, Pakistan and the US, are all under the influence of new economic circumstances. However, Vietnam is the only country which has seen exports fall.
With the current balance of power, Vietnam and Thailand will participate in a ‘duel’ to obtain the right to sell 250,000 tons of rice to the Philippines.
The Vietnam Food Administration (VFA), the country’s food safety watchdog, has asked members of the public to settle their nerves as a rumor about fake rice made of plastic is sweeping through several Asian countries.