Vietnam targets exporting 4 million tonnes of rice by 2030
Vietnam aims to export 4 million tonnes of rice in 2030 under a 2017-2020 rice export development strategy with a vision to 2030 recently approved by Prime Minister Nguyen Xuan Phuc.
Vietnam aims to export 4 million tonnes of rice in 2030 (Photo: VNA)
Hanoi (VNA) – Vietnam aims toexport 4 million tonnes of rice in 2030 under a 2017-2020 rice exportdevelopment strategy with a vision to 2030 recently approved by Prime MinisterNguyen Xuan Phuc.
Per the plan, fragrant rice andspecialty rice will account for 40 percent of the export volume, glutinous rice25 percent and white rice roughly 25 percent, while special rice products suchas rice fortified with micronutrients, parboiled rice and organic rice, rice branand rice powder will gradually increase to 10 percent.
By 2030, Asia is set to account for halfof Vietnam’s total rice sales abroad, Africa about 25 percent, the Middle East5 percent, Europe 4 percent, the Americas 10 percent and Oceania 4 percent.
The strategy aims to maintainVietnam’s shares in traditional export markets and develop new ones while increasingconnectivity between manufacturing and trade via value chains, affirmingVietnamese rice’s prestige on international markets.
Vietnam shipped 413,000 tonnes ofrice worth 182 million USD abroad in June, raising the six-month volume andvalue to 2.8 million tonnes and 1.2 billion USD, up 6.3 percent and 4.9percent, respectively. China remained the top importer of rice fromVietnam.-VNA
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