The meeting between Deputy Minister of Agriculture and Rural Development Tran Thanh Nam (second from right) and representatives of the Oryza Oil & Fat Chemical company (Photo: VNA)
Tokyo (VNA) – Vietnam, a leading rice producer and exporter in the world, hasa chance to earn higher value from the grain by capitalising on by-products.
Talkingto visiting Vietnamese Deputy Minister of Agriculture and Rural DevelopmentTran Thanh Nam, Murai Hiromichi, President of the Nagoya-based Oryza Oil &Fat Chemical company, said rice bran oil generates 320 - 350 USD per tonne invalue while compounds obtained during oil extraction are used in 70 nutritionaland beauty care products.
He notedrice oil is a popular product in Japan and other developed countries, addingthat each tonne of bran can bring about 2,000 - 3,000 USD or higher in value ifit is maximised.
Makinga fact-finding tour of the factory of Oryza Oil & Fat Chemical, DeputyMinister Nam said applying technology to produce high-value products from ricebran could be an answer to the question of how to help rice farmers in Vietnam raise income.
In 2021, the countryproduced about 44 million tonnes of rice, which generated about 8 milliontonnes of bran.
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The meeting between Deputy Minister of Agriculture and Rural Development Tran Thanh Nam (second from right) and representatives of the Oryza Oil & Fat Chemical company (Photo: VNA) 
