Vietnam should focus on high-quality rice, experts say
Reorganising production and producing high-quality rice with retraceable origins will increase Vietnamese rice’s value on the international market amid fierce competition from foreign products, experts have suggested.
Workers at Hau River Food Company in the southern Can Tho Province load rice for export (Photo: VNA)
Hanoi (VNA) – Reorganising production andproducing high-quality rice with retraceable origins will increase Vietnameserice’s value on the international market amid fierce competition from foreignproducts, experts have suggested.
Vietnam has been one a top rice exporter for decadesbut the value remains low as the country’s rice lacks its own trademarks.
Statistics showed that Vietnam exports from 6-8million tonnes of rice each year but only earns 3.7 billion USD.
A lack of prestigious brands, inability to control chemicalresidues and untraceable origins are the weaknesses of Vietnamese rice, especiallyin demanding markets.
According to experts, Vietnam needs to focus on creatinghigh-quality rice brands because the market has become saturated.
The diversification of markets is another path forVietnamese rice, according to Pham Van Chinh, head of the Export-Import Agencyunder the Ministry of Industry and Trade.-VNA
Improving the quality of rice products has become the most urgent task given consecutive reductions in rice exports in recent years, experts said at a conference in Ho Chi Minh City on November 11.
An Giang Import Export Company (Angimex), one of the large rice export companies in Vietnam, plans to focus on improving its rice quality and better controlling plant-protection residues to promote rice exports, especially to the US and EU markets.
Vietnam exported 325,000 tonnes of rice worth 136 million USD in January, down 32 percent in volume and 35.1 percent in value compared to the same month in 2016.
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Workers at Hau River Food Company in the southern Can Tho Province load rice for export (Photo: VNA) 
