Latest News about rice export
The Ministry of Industry and Trade has set up a working group to inspect the implementation of the law on rice imports and exports at five local rice import and export companies.
The National Office of Intellectual Property (NOIP) says the ST25 rice variety has been granted a Protective Certificate No 21.VN.2020 under Decision No 45/QD-TT-VPBH dated March 6, 2020 by the director of the Department of Crop Production.
If certain legal entities in the US successfully register the ST25 rice brand, Ho Quang Cua, the real owner of the brand, will lose ownership and it will be very difficult to claim it back.
The Ministry of Agriculture and Rural Development reported the volume of rice exported reached 450,000 tonnes with a value of US$246 million last month.
Overcoming Thailand and India, Vietnamese rice ranked first in the world on average selling price, which in the first quarter was US$547 per ton, up 18.6% year on year.
According to the analysis by QY Research published in 2020, the total value of global organic rice exports in 2018 was US$1.5 billion.
Vietnamese rice prices are on the rise and can compete with other rivals in terms of quality, according to the Ministry of Agriculture and Rural Development (MARD).
The shift in rice export from low- to mid- and high-quality helped the rice export industry fare better in 2020. Yet much has to be done to maintain achievements.
In the first months of 2021, tonnes of Vietnamese ri
The first 60 tonnes of jasmin rice shipped to the UK under the UK-Vietnam Free Trade Agreement (UKVFTA) hit the shelves in London on January 26.
According to the Ministry of Agriculture and Rural Development, Vietnam’s rice output totalled 42.8 million tonnes in 2020
Vietnam’s rice output is more than enough to satisfy domestic demand, but country is importing rice from India to use mostly for animal feed.
Vietnam’s rice processing and trading have overcome the difficulties caused by the ongoing pandemic to acquire the export turnover of over $3 billion in 2020, a record in the past nine years, with exporters remaining bullish over future prospects.
The Government has directed the Ministry of Industry and Trade to coordinate with other relevant agencies to support local enterprises exporting rice to the European Union (EU) to make the most of EVFTA,
Vietnamese companies have been stepping up investment to boost rice exports to Europe – however, it remains a challenging task penetrate the market efficiently.
With the new EVFTA, more and more Vietnamese rice is being shipped to the EU. Scented rice in particular is being sold at high prices.
Nine Vietnamese fragrant rice varieties will enjoy tariff export quotas to Europe under the Europe-Vietnam Free Trade Agreement (EVFTA) agreement.
While exports of many products have plunged because of Covid-19, rice exports are growing, with prices of some products reaching an 8-year high.