Rice

Update news Rice

The Vietnamese government has asked rice exporters to temporarily suspend signing new export contracts in a bid to increase stockpiles and ensure the country’s food supply.

Over 110,700 tonnes of rice from reserve allocated to localities

Over 110,700 tonnes of rice from the national reserve have been allocated to localities to support people after natural disasters, ahead of Lunar New Year and in forest plantation projects, and students living in especially disadvantaged areas.

Vietnam’s rice sector forecast to face difficulties in 2020

The Philippines and China, Vietnam’s two major rice export markets, may reduce rice imports in 2020.

Vietnam to study logistics investment in Egypt

The Ministry of Industry and Trade will send a delegation to Egypt to study investment in logistics and promote trade in the second biggest economy in Africa from December 1-6.

Vietnam's export price of rice suffers dramatic decrease

The average price of rice exports during the first nine months of the year suffered a sharp decline of 13.4 per cent to US$435.6 per tonne, according to the Agro Processing and Market Development Authority.

Indonesia to prioritise meat, rice, raw sugar imports from India

Indonesia will prioritise importing buffalo meat, rice and raw sugar from India, which agreed to adjust crude palm oil (CPO) tariff for the country earlier this month.

Rice, maize hit by serious drought

Residents in the central province of Quang Nam have expressed concern after a large area of rice was destroyed due to drought.

Mekong Delta to have quality breed sources for fishery, fruit and rice

The Ministry of Agriculture and Rural Development has implemented several measures to develop the best breeding sources to produce seeds for the delta’s fishery, fruit and rice sectors by 2025.

Hanoi, HCMC run race to become Vietnam’s Silicon Valley

VietNamNet Bridge - While Hanoi has proposed a trial policy to develop into a large entrepreneurial center, HCM City has drawn up five projects to realize the ambition of becoming Vietnam’s Silicon Valley.

Vietnam told to grow rice in Cambodia to export to the EU

VietNamNet Bridge - Vietnamese businesses are considering growing rice in Cambodia for export to the EU, since the country enjoys preferential policy in exporting farm produce to the market.

Will Vietnam have to compete with Lao rice in China?

VietNamNet Bridge - Vietnam has been warned that China will import rice from Laos instead of Vietnam, but many Vietnamese in the industry do not believe this will occur in the near future. 

Photos: Rice, corn turned into ornamental plants for Lunar New Year

To improve the value of rice and maize, a 45-year-old farmer in the southern province of Dong Nai has turned them into ornamental plants for display at lunar New Year. The products are sold at high prices and the demand is always over supply.

China places big orders for Vietnamese rice

VietNamNet Bridge – The rice export market has bounced back thanks to higher demand from importers, especially from China, which has made large orders.

Who benefits from Gov't's rice stockpiling plan?

 VietNamNet Bridge – Vietnamese enterprises started buying one tonne of rice each in March for temporary storage in the Mekong Delta,

Mekong Delta bemoans rice storage quotas

VietNamNet Bridge – Many localities in the Mekong Delta have objected to a quota plan announced by the Vietnam Food Association for one million tons of rice in the winter-spring crop to be bought for storage as approved

Vietnam to bid low for rice-export contract with Philippines

Vietnamese rice exporters are expected to offer low prices in an aim to win a contract to sell 500,000 tons of rice to the Philippines. Their major competitor in the bidding war is Thailand.

Vietnam to sell 240,000 tons of rice to Malaysia

 VietNamNet Bridge – Domestic enterprises have won contracts to ship 240,000 tons of rice to Malaysia this year,

BUSINESS IN BRIEF 22/12

 SSC advises against making hasty invesments amidst market turmoil; Japan jumping into Hanoi real estate market; Mekong Delta rice output to reach 25.2 million tonnes; Vietnam business should be careful in Russia trade amid rouble crisis - economist

Farmers unhappy with MARD’s rice-production restructuring strategy

The Ministry of Agriculture and Rural Development (MARD) has set high goals when drafting the rice-production restructuring strategy, which Vietnamese farmers have found “unfeasible” and “unrealistic”.  

MARD prefers to use imported seeds for farm produce

 VietNamNet Bridge – Though Vietnam has spent big money on its national seed production program, it still uses mostly imported seeds for farm produce.