India has relaxed its export restrictions, potentially increasing competition for Vietnamese rice in the global market. This comes as Vietnam faces challenges in rice production due to natural disasters and India's status as the world's largest rice exporter. However, high demand from traditional markets like Indonesia and the Philippines may support Vietnamese rice prices. In Indonesia, the government is planning to import 450,000 tons of rice due to a decrease in domestic rice output. The Philippines also intends to increase its rice imports next year. Despite the pressure from increased Indian supply, the price of Vietnamese rice is expected to remain stable, with efforts being made in Vietnam to build a value chain in the rice industry and develop branding strategies for ecological and low emission rice.