Loc Troi Group JSC reaped the biggest-ever revenues of over VND10.2 trillion ($443.4 million) and after-tax profits of more than VND420 billion, up 36 percent and 14 percent, respectively.

Farmers harvest rice in the Mekong Delta Province of Hau Giang.

Vietnam National Seed Group JSC (Vinaseed) made revenues of over VND1.93 trillion and after-tax profits of more than VND225 billion, posting respective year-on-year rises of 18 percent and 16 percent.

Both net revenues and after-tax profits of Trung An Hi-tech Farming JSC increased 15 percent to VND3.12 trillion and over VND100 billion.

Vietnam exported over 6.2 million tons of rice totaling nearly $3.3 billion last year, according to the General Department of Vietnam Customs.

The average export price of Vietnamese rice rose 5.5 percent against 2020 to $526.8 per ton in 2021, according to the Ministry of Agriculture and Rural Development.

Loc Troi exported over 80,000 tons of rice worth over VND1 trillion, quadrupling in both volume and value against 2020. Vinaseed exported 60 tons of premium fragrant rice to the U.K. for the first time.

Domestic sales also increased last year, partly due to social distancing measures imposed to curb Covid-19. Hoa Sen Rice told VnExpress its sales surged 45 percent in 2021.

The Vietnam Food Association predicted Vietnam, which exported 505,700 tons of rice worth $246 million in January, would export over 6 million tons of rice this year. However, a sharp increase in prices of agricultural materials, especially fertilizers, will increase input costs and lowers farmer incomes.

World’s best rice from Vietnam gets trademark in EU, UK

The E.U. and the U.K. have approved the trademark for ST25, the Vietnamese rice variety that was adjudged the world’s best in 2019, within five months of submission.

Can Tho enterprise wins bid to export 15,000 tonnes of rice to ROK

Trung An Hi-tech Farming JSC based in Can Tho City has won a bid to export 15,000 tonnes of rice to the Republic of Korea (ROK) at a price of 369 USD per tonne (FOB price).

Green skin pomelo enjoys ease consumption and high selling price

(BGO) – The farmers in Luc Ngan district (Bac Giang province) have started harvesting green skin pomelo for two weeks with selling price of 35,000 – 40,000 VND per kg (each fruit weights over 1 kg) on October 14, up 5,000 – 7,000 VND per kg comparing to the price one week ago, reported the Division of Agriculture and Rural Development in the district.

Vietnam likely to achieve rice export target this year

Vietnam is expected to achieve its export target of 6.3 million tonnes of rice worth US$3.2 billion this year due to high global demand and an increase in export prices.

Vietnamese rice price increases in domestic, foreign markets

Rice prices in the Mekong Delta region continued to increase slightly in the past week, according to Vietnam Food Association.

Source: VnExpress