Vietnamese rice price maintains top place among regional exporters
Vietnamese rice export during the first quarter of this year reached 1.48 million tonnes, worth 715 million USD, up 24% in volume and 10.5% in value over the same period from last year, according to the Ministry of Agriculture and Rural Development. The price of Vietnamese export rice continues to retain its top spot among regional rice exporters.
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| Vietnamese rice maintained its leading position among regional exporters. (Photo: VOV) |
In terms of the global market, the Vietnamese rice price maintained its leading position among rice export countries. Accordingly, 5% broken rice surged from between 12 to 15 USD per tonne compared to the beginning of the year to 415 USD per tonne, the highest level in more than three months thanks to growing demand and production advantages.
Along with traditional markets such as the Philippines, accounting for the largest proportion, China, Malaysia, the United States, African countries, and the Republic of Korea, the country's rice export to Europe is expected to increase sharply this year thanks to the EU-Viet Nam Free Trade Agreement (EVFTA).
The nation therefore aims to restructure for value promotion, sustainable development and improve the quality of Vietnamese rice in the near future.
| TIN LIÊN QUAN | |
 | Inflationary pressure set to build up until year end |
(Source: VOV)
