The price increase was attributed to a surge in the proportion of high-quality rice such as fragrant, glutinous, and specialty rice.

Farmers harvest rice in Vietnam's southern province of Soc Trang.

High-quality rice is accounting for 50% of the total export volume and sold at $600-1,000 per tonne at present.

Experts predicted that favourable conditions will remain for rice export and prices will stay good in the short term as the share of high-quality rice is increasing and global economic and political uncertainties are boosting food stockpiling demand.

Vietnam exported 1.79 million tonnes of rice, earning $952 million between January and March.

Export prices of Vietnamese rice up nearly 10%

The export prices of Vietnamese rice in the first two months of 2022 rose by 9.8% year-on-year to 528.5 USD/tonne, according to the Ministry of Agriculture and Rural Development (MARD).

Vietnam’s rice export forecast to enjoy another successful year

Vietnam’s rice export is forecast to continue reaping successes this year as the world's rice prices remain high at least in the short term as global economic and political uncertainties have resulted in a high demand for rice reserves, according to experts.

Mekong Delta rice farming to become a leading sector in agricultural production

Farmers in the Mekong Delta contribute over 50% of the country's rice production and 90% of rice exports. However, quality, efficiency, product competitiveness and income of rice farmers in the region remain low.

Export prices of Vietnamese rice world’s highest

The export prices of Vietnamese rice are standing at the highest levels in the world, according to the Vietnam Food Association .

Vietnam’s rice export to hit 7 million tonnes this year

Vietnam is working towards the target of exporting 7 million tonnes of rice this year, heard a forum held by the Ministry of Agriculture and Rural Development (MARD) on November 19.

Source: VnExpress