Vietnam’s rice export to hit 7 million tonnes this year
Vietnam is working towards the target of exporting 7 million tonnes of rice this year, heard a forum held by the Ministry of Agriculture and Rural Development (MARD) on November 19.
Hanoi (VNA) – Vietnam is working towardsthe target of exporting 7 million tonnes of rice this year, heard a forum heldby the Ministry of Agriculture and Rural Development (MARD) on November 19.
Experts at the forum shared the view that prices ofVietnamese rice will continue to stay high as economic and politicaluncertainties will push up food demand. They, therefore, suggested exportersutilise opportunities in market access and expansion.
If the export volume is maintained at over 400,000tonnes each month in the remaining two months, the whole year’s export volume ofthe staple will reach from 6.8-7 million tonnes, they said.
Le Thanh Hoa, deputy head of the Agro Processing and MarketDevelopment Authority (AgroTrade), asked businesses to pay due attention to China,saying although it is a big and promising market of Vietnamese farm produce, thecountry has made changes in import requirements, from plant quarantine topackaging, tracking of origin and growing area codes.
A total of 22 Vietnamese firms have been licensed toship rice to China, and Vietnam has proposed China expand the list.
Apart from China, the European Union (EU) and the UK havealso remained Vietnam’s important markets, experts said, suggesting exporters tightentheir connectivity with purchasing and processing units to satisfy technicalrequirements of importers, thus better utilising free trade agreements (FTAs)and export quotas./.
The southern region should prioritise rice varieties with high quality and yields for export in the upcoming winter-spring rice, Deputy Minister of Agriculture and Rural Development Le Quoc Doanh has said.
Loc Troi Group, a leading provider of agricultural services and products in Vietnam, has so far got orders to export 400,000 tonnes of rice to the European Union (EU) market in 2023, according to a representative of the company.
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Illustrative image (Source: VNA) 
