Elevating Vietnamese Rice Grains

The Government Office has issued a document conveying the directive opinion of Prime Minister Phạm Minh Chính on Vietnam's rice export activities. The document states that in the first six months of the year, Vietnam surpassed Thailand to become the world's second-largest rice exporter, only behind India. However, Vietnam's rice industry still faces many challenges. Climate change, saltwater intrusion, and droughts cause potential rice yields to fluctuate significantly. Seizing opportunities, enhancing value addition Along with that, stringent technical barriers and regulations from difficult markets such as the EU and Japan continue to be major obstacles. In the context of weakening global demand or strong price cuts by competitors, Vietnam's competitive advantage in price is also being reduced, requiring a longer-term strategy, shifting from increasing production to enhancing value addition. Prime Minister Phạm Minh Chính assigned the Ministry of Agriculture and Rural ...