Rice export goal raised to 5.6 million tons this year

VGP - Việt Nam had exported 6.735 million tons of rice by the end of November, according to the Việt Namfood Association (VFA). The country is expected to ship abroad 617,000 tons of rice in December, raising the country's total rice export volume to 7.352 million tons, up 4.3% over 2010. VFA forecast extra export contracts to be signed in December./.... [read more]

Vietnam’s rice exports in the first ten months of 2016 reached 4.2 million tons, earning USD 1.9 billion in revenue, a year-on-year decrease of 21.2 percent in volume and 16.9 percent in value. In October alone, the country earned USD 164 million from shipping 368,000 tons of rice abroad. China remained the leading importer of Vietnamese rice in the first three quarters of 2016, accounting for 35.4 percent of market share. Vietnam exported 1.35 million tons of rice worth USD 613.8 million to China during the period, down 23 percent in volume and 13.9 percent in value from a year…... [read more]

Vietnam's outbound rice shipments are expected to reach 3.95-3.97 million tons by the end of 2004 as rice companies have so far sold more than 3.93 million tons, according to the Vietnam Food Association. The average export price of Vietnamese rice for 2004 is $US 210-212 per ton, up $US 34-36 per ton over the previous year and the highest rate since 1999, said an association official. Reported by H.Dang - Translated by T.H.... [read more]

The Vietnamese Food Association announced, on October 27th, that last week domestic businesses exported an additional 79,000 tons of rice, worth more than USD 36.4 million. Within the first three weeks of October, 2008 the country's rice export turnover reached more USD 158.6 million, an equivalence of more than 330,000 tons of rice. In September, 2008 rice exports reached more than 342,000 tons, worth USD 212.2 million. Total rice exports since early 2008 now stand at nearly 3.9 million tons, worth more than USD 2.31 billion. However, rice prices for the summer-autumn crop in the Mekong River Delta till October…... [read more]

Rice export prices to stay high this year By Tran Son - The Saigon Times Daily DANANG – Vietnam will maintain high rice export prices this year at around US$510 and US$490 per ton for 5% and 25% broken rice respectively, said Nguyen Thanh Bien, deputy minister of Industry and Trade. Addressing a conference of the Vietnam Food Association (VFA) in Danang on Monday, Bien said Vietnamese rice prices had moved up to equal or higher than Thai products last year due to VFA’s rice retention scheme. Vietnam’s rice prices would stay high as the world market still has strong…... [read more]

VGP - Rice export value earned US$1.58 billion in the first half of this year, down 9.8% from the same period last year. As many as 3.57 million tons of rice were sold abroad in the period, which reflected a 6.8% decrease in comparison with the same period last year. In June along, around 649,000 tons were exported to bring home US$289 million in value. According to the Industry and Trade Information Center (VITIC) under the Ministry of Industry and Trade, prices of export rice dropped 7.7% against the same period last year. China remained the biggest rice importer of…... [read more]

The Ministry of Agriculture and Rural Development announced on April 1 that the country's rice exports have reached nearly 1.6 million tons in the first quarter of the year,  an increase of 36% compared to the same period last year. The rice export turnover was estimated at nearly US$823 million, increasing 39% over the same period last year. Despite optimistic export figures in the first quarter, the ministry said that this year's rice export would face difficulty in registering a sharp increase similar to 2010, due to a recovery in wheat exports in the world market.  To stimulate rice exports,…... [read more]

The Hanoi Times - According to the Vietnam Food Association (VFA), the country exported more than 3.6 million tonnes by the end of June. Vietnam is assessed as an important factor of rice export in the world market with a forecasted yield of about 6 million tonnes, the record in 21 years of Vietnam's rice export. Widened market At a workshop o­n market prospects for Vietnam's rice, recently held by the Institute of Strategyand Policy for Agriculture and Rural Development (ISPAR) under the Ministry of Agricultural and Rural Development (MARD), experts affirmed that the world rice export market is stable…... [read more]

After a record export of seven million tons of rice in 2011, Vietnam saw a 43 percent year-on-year drop in shipments in the first two months of the year. Trinh Van Tien of the Institute of Policy and Strategy for Agriculture and Rural Development discussed with Vietweek why this year is going to be more difficult. Vietweek: Why are our rice exports down? Trinh Van Tien: International rice traders have a comprehensive view of the world’s rice supply and demand as countries have issued their rice output statistics. The world’s rice supply and demand are stable now. Thailand has some…... [read more]

Vietnam's government recently requested local businesses limit total exports of rice at a maximum of 3.8 million tons this year to ensure national food security, local newswire VnExpress reported. The limit will be reconsidered during the last quarter of 2005, depending on factual developments, according to a dispatch by Deputy Prime Minister Nguyen Tan Dzung May 30. Local trading of rice has shown signs of insufficiency and price increase in late May, especially after forecasts that other rice suppliers worldwide would face a tense period. In the meantime, local banks will not apply incentive policies on interest rates for rice…... [read more]

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