Vietnam targets US$2.5 billion in rice export revenues by 2030

Vietnam targets US$2.5 billion in rice export revenues by 2030

The target was announced at a conference on realising Vietnam’s rice export strategy during the 2017-2020 period, with a view towards 2030. Under the strategy, Vietnam will gradually reduce its rice export volumes whilst increasing the proportion of high-earning varieties, with the annual volume for the 2017-2020 period targeted at 4.5-5 million tonnes and shrinking…

Read More
Vietnam rice exporters should focus on Asian markets

Vietnam rice exporters should focus on Asian markets

Source : vietnamnet.vn Asia is the nearest and most important market for Vietnamese rice, Hue said. In the first nine months of 2017, rice exports to Asian countries accounted for 68% of the country’s total. Meanwhile, Africa is the second largest market for Vietnamese rice, with 15%, and should also be attended to, he said. According…

Read More
Vietnam encourages businesses to increase investment in Cuba

Vietnam encourages businesses to increase investment in Cuba

Receiving the minister, who is in Vietnam for the 35th meeting of the Vietnam-Cuba Inter-Governmental Committee, the PM spoke highly of Cuba’s policies to facilitate Vietnamese investment in multiple areas. Vietnam will do its best to share experience in socio-economic development with Cuba, the Government leader affirmed. For his part, the Cuban official updated PM…

Read More
Malaysia’s rice production self-sufficiency level at 72%

Malaysia’s rice production self-sufficiency level at 72%

RICE production in the country has hit 72% of the nation’s self-sufficiency level, compared with the target of 80%. Agriculture and Agro-based Industry Minister Ahmad Shabery Cheek said the 80% target sufficed as 20% of consumers did not opt for locally produced rice. “It is normal for 10% to 15% of consumers in countries where…

Read More
Vietnam’s Jan-Sept coffee exports down, rice up

Vietnam’s Jan-Sept coffee exports down, rice up

https://af.reuters.com/article/commoditiesNews/idAFL4N1M638O HANOI,  (Reuters) – Vietnam’s coffee exports in the first nine months are expected to fall an estimated 20.5 percent on a year earlier, while rice shipments are set to rise 21.7 percent from the same period in 2016. COFFEE Coffee exports from Vietnam will drop an estimated 20.5 percent in January-September from the same…

Read More
Vietnam to Begin Rice Exports to Iran

Vietnam to Begin Rice Exports to Iran

he southern Vietnamese city of Can Tho expects to export its first batches of rice to Iran in the last quarter of 2017, deputy director of the city’s Department of Industry and Trade said. At a meeting to review import-export activities organized by the city’s People’s Committee on Wednesday, Huynh Trung Tru also said a…

Read More
Rice exporters heavily reliant on Chinese market

Rice exporters heavily reliant on Chinese market

http://english.vietnamnet.vn/fms/business/187125/rice-exporters-heavily-reliant-on-chinese-market.html According to statistics of the Ministry of Agriculture and Rural Development, Vietnam exported 1.38 million tons of rice worth US$623 million to China in January-July, up 33% and 31% compared to the same period last year respectively. The rice shipments to the northern neighbor accounted for 41% of the country’s total. Vietnam also sells rice…

Read More
Vietnam Export Rice Prices Skyrocket

Vietnam Export Rice Prices Skyrocket

http://vccinews.com/ The price of rice for exports from Vietnam, the world’s second largest rice exporter, in the international market has risen substantially in the first two months of this year, amid soaring rice exports, according to the country’s food association. In the last two months, the price of Vietnam’s rice has remained steady at US$245…

Read More