return icon

Surpassing Thailand, Vietnamese rice ranks first in world on price

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.


Vượt qua Thái Lan, Việt Nam vững ngôi đầu thế giới


According to a report of the Department of Agricultural Processing and Market Development (Ministry of Agriculture and Rural Development), Vietnam exported 1.1 million tons of rice in the first three months of 2021, earning $606 million, down 30.4% in volume and 17.4% in value over the same period of 2020.

In March 2021, the average export price of Vietnamese rice reached $547 per ton, up 0.5% compared to that of February 2021 and 19.1% compared to March 2020. On average, in the first quarter of 2021, the average export price of rice increased 18.6% year on year. The price for Vietnamese rice was higher than that of Thailand and India.

According to the Department of Agricultural Processing and Market Development, the price for Vietnamese rice was high during this period thanks to the high demand for new winter-spring rice from Vietnam from foreign partners.

Vietnamese rice has held the top spot in the world in selling prices. The price for 5% broken rice of India rose sharply in late March, but it only reached $401 per ton. Indian rice currently has the lowest price among the three largest rice exporting countries in the world. Meanwhile, the price of Thai rice of the same type reached $538 per ton in early March but fell to $509 per ton in late March.

In 2020, Vietnam surpassed its competitors in selling prices, with an export volume of 6.15 million tons, earning $3.07 billion, officially overtaking Thailand to become the second largest rice exporter in the world, after India.

According to the Vietnam Food Association, since late March 2021, rice exports will increase as the supply of commodity rice is abundant and businesses have completed processing rice for export.


Vietnamese rice export price reaches record level

Vietnamese rice export price reaches record level

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).




PM’s trip to elevate Vietnam – EU to new height: diplomat

Vietnam changes rapidly after 25 years of Internet connection

The decision to connect to the Internet 25 years ago was a brave act, showing a long-term vision, contributing to comprehensive changes in the country, experts said at the 25th anniversary of Vietnam's Internet and Internet Day 2022 on December 7.

Policies needed to ensure sharing economy development is on-track

Sharing economy was not only creating opportunities to increase income but also opening up a new and flexible market, thereby creating a growth engine and increasing productivity for micro, small and medium – sized enterprises.

Some businesses are still paying high dividends

While many enterprises are facing difficulties, some plan to spend trillions of VND to pay dividends and buy treasury stocks.

Vietnamese box office smash to premier in Australia

According to Box Office Vietnam, The Girl from the Past has generated revenue of VND53 billion (US$2.2 million) after debuting in Vietnamese cinemas.

French Senate President arrives in Hanoi, beginning official visit to Vietnam

French Senate President Gérard Larcher arrived in Hanoi on December 8 morning, beginning an official visit to Vietnam at the invitation of National Assembly Chairman Vuong Dinh Hue.

Vietnamese film to compete at Golden Globe Awards

“Dem Toi Ruc Ro”, known as “The Brilliant Darkness” in English, a movie on domestic violence by American director Aaron Toronto, features in this year’s list of Golden Globe Awards’ nominees.

PM attends inauguration of Vietnam International Defence Expo 2022

Prime Minister Pham Minh Chinh and military officers pressed buttons inaugurating the Vietnam International Defence Expo 2022 at Gia Lam airbase in Hanoi on December 8.

Money borrowers face black credit traps on online lending apps

A lot of money borrowers have been recently cheated on online lending applications which seem to ask for simple procedures at first but then claim cut-throat interest rates.

Young scientist becomes first Vietnamese awarded by UK Royal Aeronautical Society

With the Young Persons’ Achievement Award, Dr. Nguyen Huyen Duc has become the first Vietnamese scientist to receive the prize from the UK’s Royal Aeronautical Society (RAeS).

Revelations of an e-cigarette seller

After exchanging text messages via social media, VietNamNet’s reporter, who acted as an e-cigarette buyer, decided to meet the seller and discovered many things that made him shiver.

Vietnam’s fruits enter choosy markets

In the domestic market, a red-flesh pomelo is priced at VND23,000-45,000/kg. In the US, it is VND535,000 per kilogram.

Vietnam imports nearly US$190 million of pork in Jan-Oct

Vietnam had imported 89,000 tons of pork products worth US$189.02 million in the year to October, contracting over 34% in volume and nearly 40% in value year-on-year, according to the Foreign Trade Agency under the Ministry of Industry and Trade.

Over VND9.6 trillion proposed for upgrading HCMC’s polluted canal

The HCMC People’s Committee has proposed investing over VND9.6 trillion in the Xuyen Tam Canal upgrade project at a meeting this morning, December 7, according to the local media.

Agencies write laws to help SMEs but lack information about the businesses

Some content needs to be more clearly quantified to better assess the effectiveness of these activities and the feasibility of regulations on SMEs.