In 2018, Vietnam’s total rice exports reached 6.15 million tonnes, with export turnover of 3.15 billion USD. The industry saw a 5.7 percent increase in volume and a 19.6 percent increase in value compared to 2017.
Vietnam exported 6.15 million tonnes of rice worth 3.15 billion USD in 2018 (Photo: VNA)
Hanoi (VNA) - In 2018, Vietnam’s total rice exports reached 6.15 milliontonnes, with export turnover of 3.15 billion USD. The industry saw a 5.7percent increase in volume and a 19.6 percent increase in value compared to2017.
LocTroi 28 is a short term rice variety and thefinal product between the hybrid of Loc Troi 1 and Basmati rice variety ofIndia.
High-yielding, fragrant and nutritious compared to other varieties, Loc Troi 28was well received at an international rice convention held in China.
Huynh Van Thon, Chairman and General Director of Loc Troi corp., said Loc Troi28 rice variety has surpassed Homali rice variety of Thailand and, SKO ofCambodia to win the top quality.
“This is a high-yielding variety that meets the strict demand of consumersregarding quality and food safety,” he added.
Vietnamese rice producers now focus on production value, not just increasingvolume. Furthermore, Vietnam has become a member of the global sustainable riceproduction programme, and for the first time in years, Vietnam’s rice price ishigher than Thailand’s.
Tran Tuan Anh, Minister of Industry and Trade, said “With huge competitioncoming from major rice exporting countries, Vietnam has proven its capacity andits rice product has shown its quality.”
In recentyears, Vietnam’s rice industry has paid more attention to promotionalactivities. The launch of Vietnam’s national rice logo has reiterated theefforts to bring more rice to the world market.
However, inthe context of global warming and unpredictable weather patterns, as well aslimitation in value chains and farmers’ struggle to make a living from growingrice, there is much needed to be done.
Bui Chi Buu, former Director of the Institute of Agricultural Science forSouthern Vietnam, said “Farmers still meet with lots of difficulties, and inorder to help the farmers, we should cut out the middle man so traders andsellers can buy rice directly from farmers, increasing farmers’ profitability.”
The globalmarket is changing at a rapid pace and it requires Vietnam’s rice industry toheighten the production volume, improve the quality and deliver more diverserice products.-VNA
A seminar on expanding Vietnamese rice exports took place in the Mekong Delta province of Long An on December 21 within the framework of the third Vietnamese rice festival.
Agricultural company Loc Troi Group signed an agreement with UAE-based food company Phoenix Group in Dubai on December 20 for sustainable rice production in Vietnam.
Vietnam will earn 3.15 billion USD from the export of 6.15 tonnes of rice this year, up 19.6 percent in value and 5.7 percent in volume compared to the last year’s figures, statistics show.
A conference reviewing the Vietnam Sustainable Agriculture Transformation (VnSAT) Project 2018 took place in the Mekong Delta province of Kien Giang on January 9.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
Vietnam exported 6.15 million tonnes of rice worth 3.15 billion USD in 2018 (Photo: VNA) 
