Rice bags are being loaded down a ship. Vietnam has exported 2.7 million tonnes of rice in the first half this year. (Source: VNA)
An Giang (VNA) – Vietnam’s rice export is estimated to hit 2.732 million tonnes in the first half of this year, according to the Vietnam Food Association (VFA).
According to the VFA, the country’s rice export in the later half is likely to reach 2.97 million tonnes with priority given to fragrant and high-quality rice.
Huynh The Nang, General Director of the Southern Food Corporation, said in the first six months, the export of Jasmine rice has increased from 22 to 29 percent of the total export volume.
Nang recommended provinces and cities to apply technologies into farming, establish production-sale connections and increase the use of recognised high-quality rice varieties.
Deputy Minister of Agriculture and Rural Development Le Quoc Doanh recommended localities pay attention to strengthening dykes to protect rice areas from flood.
๊ He also agreed on the increase of the rice production area in the Autumn-Winter crop but asked localities to make detailed planning on which areas are used for high-quality rice and which are for commodity rice.-VNA
Expanding into international markets to boost rice exports was the focus of a workshop held by the Ministry of Industry and Trade on February 22 in HCM City.
Local rice exporters have offered a higher export price due to price rise in the domestic market, thereby losing the advantage in the competitive world market, said experts.
The Vietnam Food Association (VFA) aims to export 1.6 million tonnes of rice in the second quarter of this year, 200,000 tonnes lower than initially planned.
Rice exports are expected to reach about 400,000 tonnes for May, a year-on-year reduction of over 31 percent, and the lowest ratio since the beginning of this year.
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