Take advantage of opportunities for Vietnam's rice exports

Published 2023년 8월 4일

Tridge summary

Vietnam's rice exports have seen significant growth and are expected to continue to thrive. The country is estimated to export 4.83 million tons of rice, worth $2.58 billion, by the end of July, showing an increase in volume and value. Despite challenges in the global rice trade market, Vietnam's favorable production situation and high demand for rice imports provide opportunities for growth in the export market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Many opinions of ministries, sectors and experts said that this is an opportunity for Vietnam's rice exports. The development of the export rice market heated up the Conference, when the organizers said that it had attracted nearly 200 delegates from ministries, central branches and localities; Vietnam Food Association, rice export traders attended. According to estimates by inter-ministerial agencies, a good sign shows that by the end of July, Vietnam is estimated to export 4.83 million tons of rice, worth 2.58 billion USD, up 18.7% in volume and 18.7 percent in volume. up 29.6% in value over the same period. The structure of exported rice is in the right direction, adding value to rice grains with varieties such as fragrant rice, sticky rice, high-grade white rice... Besides the traditional and key export markets continued to be maintained such as: Philippines, China, Indonesia, Malaysia, Ivory Coast, Hong Kong (China), some market areas recorded outstanding growth such as the ...
Source: Vov

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