The country shipped 1.79 million tons of rice worth $952 million abroad in the period, according to a report by the Ministry of Agriculture and Rural Development.

Farmer harvests rice in HCMC's Thu Duc City.

The average export price reached $531 a ton, up 9.2% over the same period in 2022. The hike is mainly because shipments to China are recovering, and Indonesia is also buying more to build up national reserves.

At a conference on rice exports at the end of February, Nguyen Ngoc Nam, Chairman of the Vietnam Food Association (VFA), predicted that rice prices will remain high in the second quarter.

According to the UN Food and Agriculture Organization (FAO), many countries are at risk of drought in the second half of the year, so food production may decline. As a result, they are increasing the purchase of rice to ensure food security.

This is an opportunity for Vietnamese rice exports to benefit, said experts.

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.

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.

Vietnamese rice contest names winners

Thai Binh Seed Corporation ’s TBR39 fragrant rice has won the first prize in Vietnam's best rice contest 2022 and will represent the country’s at the 2022 World's Best Rice competition.

Over 6 million tonnes of rice exported in 10 months

About 6.07 million tonnes of rice worth 2.94 billion USD was exported in the first 10 months of 2022, up 17.2% in volume and 7.4% in value year on year, according to the Ministry of Agriculture and Rural Development (MARD).

Source: VnExpress