Vietnam exports 2.3 million tons of rice in first five months
Vietnam exported 2.3 million tons of rice worth US$1 billion in the first five months this year, a year on year increase of 1.6 percent in volume and 1.2 percent in value.
Rice bags transported aboard in the Mekong Delta (Photo: SGGP)
According to reports by the Ministry of Agriculture and Rural Development, the country exported 538,000 tons worth $245 million in May alone.
China continued to be the largest market of Vietnam accounting for 47.5 percent market share, followed by the Philippines with 11.4 percent.
The Mekong Delta has harvested bumper summer autumn rice crop with good prices.
The Department of Agriculture and Rural Development of Dong Thap province said that local farmers in Thap Muoi district have reaped 38,000 hectares of summer autumn rice with the average productivity of 6-7 tons a hectare, higher than the winter spring crop hit by unusual weather, diseases and pests.
A kilogram of fresh long grain rice is now priced VND5,200-5,300, bringing farmers a profit of VND15-20 million a hectare.
Có thể bạn quan tâm
Fruit and vegetable exports increase in most markets In the first quarter of 2021, fruit and vegetable exports recorded a positive signal in most markets, typically China.
Snail farm brings VND34 billion a year for Quang Tri farmer Dung, the owner of a hotel, said he has a "treasure" hidden at the bottom of the pond which yields about VND34 billion a year.
Cashew nut exports: Concerns about lower prices In the first months of 2021, although the volume of Vietnam's cashew exports increased sharply, the export value trended in the opposite direction.
Vietnam aims to be world's top exporter of quality rice In August 2020, when the Vietnam - EU Free Trade Agreement (EVFTA) took effect, Trung An High-tech Agriculture JSC exported about 150 tons of rice to the Europe
Efficiency of farm economic model improved The province has developed many large-scale economic models in which farm economy plays an important role in transiting from small-scale