Exporting the world's second-largest rice, Vietnam launches another super special item

According to the Ministry of Agriculture and Rural Development, in the first seven months of the year, Vietnam exported 5.5 million tons of rice, earning 2.81 billion USD. Compared to the same period last year, the volume increased by 3.1% but the value decreased by 15.9% due to the average export price of only 514 USD/ton, which is 18.4% lower than the same period in 2024. However, in early August, the price of Vietnamese rice rebounded strongly against the global trend, while the price of rice from other exporting countries continued to decline. Specifically, according to data from the Vietnam Food Association (VFA), on August 7, the price of Vietnam's 5% broken rice for export increased to 395 USD/ton. Compared to the low of 378 USD/ton on July 23, this item has increased by 17 USD/ton, despite India's plan to release 20 million tons of rice at super low prices. The export price of Vietnamese rice is now significantly higher than that of Thailand (362 USD/ton) and Pakistan (365 ...