Vietnam likely to become world’s leading rice exporters this year: Minister Tran Tuan Anh

TIN LIÊN QUAN
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Minister of Industry and Trade Tran Tuan Anh. (Photo: VNA)

He reported that the country’s rice exports rose 31.7 percent in the first two months of the year as many countries increased the purchase and storage of the grain when COVID-19 first hit.

As this may lead to a shortage of supplies at home, Prime Minister Nguyen Xuan Phuc decided to suspend rice exports until the end of May.

Re-evaluating the situation, the Government leader later agreed to resume rice exports right in May while working with authorities in 13 Mekong Delta localities.

As a result, Vietnam exported 3.06 million tonnes of rice worth 1.48 billion USD in the first five months of the year, year-on-year increases of 11.8 percent and 25.44 percent, respectively, according to the minister.

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