Rice exports cross $1 bln on higher prices
Vietnam has exported $1.01 billion worth of rice in the first four months of 2021, up 1.2 percent year-on-year, thanks to higher rice prices.
Farmers harvest rice in the Mekong Delta Province of Soc Trang. Photo by VnExpress/Hai Tran.
The volume of rice exports during the period dropped 11 percent year-on-year to 1.9 million tons, according to the Ministry of Industry and Trade.
However, as the average export price rose 13.4 percent year-on-year to $534 per ton, its value topped that of last year.
The Vietnam Food Association has forecast that the nation’s rice export value will continue to rise because of higher selling prices.
Vietnam plans to produce 43 million tons of paddy and targets exporting 6.5 million tons of rice this year, according to the Ministry of Agriculture and Rural Development.
The nation was the world’s second largest rice exporter last year at 6.25 million tons.
Có thể bạn quan tâm
Government allows 190 Chinese traders to enter Vietnam to buy lychees The government has given permission for 190 Chinese traders to enter Vietnam to buy lychees in the northern province of Bac Giang.
Vietnam protests attempts to trademark local rice varieties in Australia Vietnam has sent a complaint to intellectual property officials in Australia, saying exports of local ST25 and ST24 rice
US opens opposition for ST25 rice trademark The U.S. has published the application a company seeking to trademark the world’s best rice ST25 from Vietnam and awaits opposition from relevant parties
