This year’s rice exports will not only sustain the value growth seen in 2020 but also increase in volume, a leader from major rice exporter - the Trung An Hi-tech Farming JSC - has said.
Rice is packaged for export at a factory in the Mekong Delta province of An Giang (Photo: VNA)
Hanoi (VNA) - This year’s riceexports will not only sustain the value growth seen in 2020 but also increasein volume, a leader from major rice exporter - the Trung An Hi-tech Farming JSC- has said.
Vietnam exported 6.15 million tonnes of riceworth 3.07 billion USD in 2020, down 3.5 percent in volume but up 9.3 percentin value year-on-year, according to the Ministry of Agriculture and RuralDevelopment.
Citing reasons for optimism about exports, TrungAn’s General Director Pham Thai Binh said the country’s policy of intensive andextensive integration into the world has created a number of competitive edgesfor Vietnam’s economy via multilateral and bilateral free trade agreements.
Under the integration policy, he noted, the ricesector has gradually restructured itself towards higher quality, rather thanprimarily focusing on output, and is growing more diverse varieties, withhigh-grade grains meeting demand among both domestic and foreign consumers.
Vietnam is among the world’s leading ricesuppliers. The COVID-19 pandemic, meanwhile, has pushed many countries towards afood crisis as a result of disrupted supply chains, which may not recover in ashort period of time.
Demand for Vietnamese rice from many new marketshas therefore surged since mid-2020 and is likely to increase even more thisyear, Binh went on.
Transportation problems, however, have hampered riceexports in recent times, he said, pointing out that the country is facing a seriousshortage of empty containers and cargo ships for exports.
One urgent solution is to ensureself-sufficiency in containers and ships, he suggested, and to do that theGovernment needs to order the maritime sector and logistics firms to takedrastic action./.
While 2020 has been a successful year for Vietnamese rice exports, more must be done to accelerate the development of the national rice brand, experts have said.
Vietnam earned over 3 billion USD from exporting rice in 2020, according to the Vietnam Food Association (VFA), a year-on-year increase of more than 10 percent.
The Philippines was the top importer of Vietnamese rice in 2020, purchasing 2.22 million tonnes worth 1.06 billion USD, a year-on-year surge of 4 percent in volume and 19.3 percent in value, according to the General Department of Vietnam Customs.
High hopes are pinned on Vietnam’s rice exports in 2021 when major export markets such as the Philippines and Africa continue to sign contracts to buy rice from Vietnam, while many others have great demand for fragrant rice and sticky rice – which are advantageous staples of Vietnamese enterprises.
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Rice is packaged for export at a factory in the Mekong Delta province of An Giang (Photo: VNA) 
