Vietnam likely to become world’s leading rice exporters this year: Minister
Vietnam may become the leading global rice exporter in 2020, Minister of Industry and Trade Tran Tuan Anh told the ongoing ninth session of the 14th National Assembly in Hanoi on June 15.
Minister of Industry and Trade Tran Tuan Anh (Photo: VNA)
Hanoi (VNA) - Vietnam may become theleading global rice exporter in 2020, Minister of Industry and Trade Tran TuanAnh told the ongoing ninth session of the 14th National Assembly in Hanoi onJune 15.
He reported that the country’s rice exports rose31.7 percent in the first two months of the year as many countries increasedthe purchase and storage of the grain when COVID-19 first hit.
As this may lead to a shortage of supplies athome, Prime Minister Nguyen Xuan Phuc decided to suspend rice exports until theend of May.
Re-evaluating the situation, the Governmentleader later agreed to resume rice exports right in May while working withauthorities in 13 Mekong Delta localities.
As a result, Vietnam exported 3.06 milliontonnes of rice worth 1.48 billion USD in the first five months of the year,year-on-year increases of 11.8 percent and 25.44 percent, respectively,according to the minister./.
Deputy Prime Minister Trinh Dinh Dung on April 20 ordered advancing the export quota of 100,000 tonnes of rice from that set for May in order to ease difficulties for firms that have rice stuck at ports but are unable to submit customs declarations.
Vietnam has seen strong growth in rice exports in the first five months of this year, shipping nearly 2.9 million tonnes abroad for 1.41 billion USD, up 5.1 percent and 18.9 percent, respectively, year-on-year.
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Minister of Industry and Trade Tran Tuan Anh (Photo: VNA) 
