Specifically, the average paddy price at fields rose by 214 VND to 8,000 VND (0.31 USD) per kilo, with the highest reported at 8,050 VND. The average price for paddy at warehouses expanded by 183 VND to 9,475 VND per kilo, the highest recorded at 9,650 VND.

Meanwhile, 5% broken rice was priced up to 14,200 VND per kilo; 15% broken rice, 13,950 VND; and 25% broken rice, 13,750 VND.

Premium white rice saw an increase of 35 VND per kilo to 14,010 VND.

For export, the price of 5% broken rice was 582 USD per tonne, higher than 579 USD of Thailand, and 581 USD of Pakistan.

Vietnam's 25% broken rice was sold at 557 USD per tonne, as compared to 530 USD of Thai rice.

Vietnam wins bid to export 300,000 tons of rice to Indonesia

Seven Vietnamese firms have won a bid to export 300,000 tons of rice to Indonesia, or more than half the volume that country’s plans to import in January.

Public-private partnership highlighted in high-quality rice production project

Effective public-private partnership and support from partners are key to the success of the project on developing 1 million hectares of high-quality, low-emission rice linked with green growth in the Mekong Delta region by 2030, Minister of Agriculture and Rural Development Le Minh Hoan said at a talk on January 30.

Rice exports soar to record 8.3 million tonnes

Vietnam’s rice production in 2023 stood at 43.5 million tonnes, an increase of 1.9%, adequately meeting domestic consumption, processing, animal feed production, and exports, which set a record of nearly 8.3 million tonnes.

Rice exports reach record high

Vietnam's rice exports soared to 8.13 million tons, valued at US$4.7 billion in 2023, setting a new national record, as per the General Department of Customs.

Vietnam cooperate on rice exports with Thailand and Philippines

Vietnam has agreed with Thailand as well as the Philippines to strengthen rice export cooperation to ensure regional and global food security.

Source: VNA