The ADB will focus on helping Vietnam’s agriculture and environment sectors adapt to climate change, reduce carbon emissions, and strengthen marine ecosystem protection and water security, said its Country Director for Vietnam Shantanu Chakraborty.

The 7th Cambodia Rice Forum (CRF), the largest annual event of Cambodia’s rice sector, opened in Phnom Penh on September 10, gathering 350 domestic and international delegates.

Although Vietnam holds huge potential to boost rice export in 2024 as the world is forecast to face a shortage of about 5 million tonnes of the grain, limitations in linkage chain must be tackled for the industry to move forward.

Vietnam's rice exports are expected to continue their upward trajectory this year, toward a milestone of 5 billion USD in turnover.

The 2023 export performance is anticipated to serve as a catalyst for the rice sector, enabling it to explore new markets, strengthen the reputation of Vietnamese rice, enhance national food security, and foster sustainable production and exports in the future.

Vietnam exported a record volume of nearly 6 million tonnes of rice in the first eight months of this year, up 20% year on year, according to the General Department of Vietnam Customs.

Vietnamese rice exporters should make careful preparations to promote rice exports and maintain the markets, especially traditional ones, while ensuring the supply for domestic consumption, according to insiders.

Despite a bright outlook predicted for rice exports in the second half of 2023, the rice sector still needs more support to shift from quantity to quality to seize global market opportunities.

Vietnam, a leading rice producer and exporter in the world, has a chance to earn higher value from the grain by capitalising on by-products.

The 10th The Rice Trader (TRT) World Rice Conference, the world’s most premier conference focused solely on the rice trade, was opened in Hanoi on October 11.

The Myanmar Rice Federation (MRF) will hold a forum for sustainable development of rice industry this month, the official Global New Light of Myanmar reported on February 3.

Despite rapid growth for years, the rice sector of Vietnam is hamstrung by policies that reduce its competitiveness. Amidst this situation, strong actions are needed to broaden markets and increase rice exports.