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.

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

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.

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 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.

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

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.

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.

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.

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. 

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.

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

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

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

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.

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

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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”.  

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