The export prices of Vietnamese rice in the first two months of 2023 rose by 9.8% year-on-year to 528.5 USD/tonne, according to the Ministry of Agriculture and Rural Development (MARD).
Hanoi (VNA) - Theexport prices of Vietnamese rice in the first two months of 2023 rose by 9.8%year-on-year to 528.5 USD/tonne, according to the Ministry of Agriculture and RuralDevelopment (MARD).
Vietnam exported 789,000 tonnes of the grain in the reviewed period, earning 417 millionUSD, down 18.8% in volume and 10.8% in value compared to the same period last year.
♎ The Philippines is the largest importer of the food from Vietnam in January withover 129,000 tonnes worth 64.55 million USD, accounting for 34.6% of Vietnam’s totalexport.
Vietnam recorded the highest increase pricefor rice exported to Taiwan (China) in January, with a surgeof 54.6% year-on-year.
🍃 It is forecast to have favourable conditions for rice exports in 2023 as many countries such as the US and China, and those in Europe, are being affectedby climate change and drought, which cause a shortage of rice supply.
Moreover, India - one of the largest rice exportersin the world, imposes a ban on broken rice exports and a 20-percent tax rate onwhite rice varieties.
Vietnam aims to export between 6.5 – 7 million tonnes of rice in 2023.
🍌 Its export is predicted to increase again as the demand in traditionalmarkets such as Indonesia and Bangladesh has risen, and China – one ofthe largest importers of Vietnamese farm produce, has opened the market afterthe COVID-19 pandemic./.
Vietnam exported 3.9 million tonnes of rice, earning 1.9 billion USD, in the first seven months of this year, according to the Department of Agro Processing and Market Development under the Ministry of Agriculture and Rural Development.
Vietnam exported 638,000 tonnes of rice worth 352 million USD in the first two months of 2021, down 31.4 percent in volume and 18.3 percent in value year-on-year.
Vietnam raked in 22.83 billion USD from exporting agro-forestry-aquatic products in the first five months of 2021, representing a year-on-year increase of 30.3 percent, reported the Ministry of Agriculture and Rural Development.
Vietnam is expected to achieve its export target of 6.3 million tonnes of rice worth 3.2 billion USD this year due to high global demand and an increase in export prices.
Vietnam’s rice output topped 43.86 million tonnes in 2021, up 1.1 million tonnes year-on-year, according to the Ministry of Agriculture and Rural Development.
Vietnam exported roughly 4.08 million tonnes of rice in the first seven months of 2022 to earn over 1.99 billion USD, up 17.3% and 6%, respectively, against the same period last year, customs data shows.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Illustrative image (Photo: VNA) 
