Vietnamese rice firmly holds the top position in the Southeast Asian market

Source: Vneconomy.vn The Ministry of Agriculture and Rural Development said that in July 2024, Vietnam exported nearly 500 thousand tons of rice, bringing in 290 million USD. Accumulated in 7 months, Vietnam has exported 5.18 million tons of rice with a turnover of 3.27 billion USD, an increase of 5.8% in volume and an increase of 25.1% in value compared to the same period in 2023. Export price Average rice exports reached 632 USD/ton, up 18.2% over the same period last year. VIETNAM WINS THE BID TO EXPORT RICE TO INDONESIA According to the rice market website Ssricenews, the Indonesian National Logistics Agency (Bulog) has just announced the results of the rice bid opening in July 2024 with the quantity of 320,000 tons. At this bidding opening, rice businesses from Vietnam, Thailand and Mayanmar fiercely participated in the bidding. However, the victory belonged to Vietnam, while Thailand did not win any bidding packages. Accordingly, Vietnamese businesses won 7 out of 12 bidding ...