Vietnam's Ministry of Industry and Trade Minister Nguyễn Hồng Diên and Singapore's Ministry of Sustainable Development and the Environment, and Trade Relations Minister Grace Fu have just signed a Memorandum of Cooperation on rice trade. The signing of the Memorandum of Cooperation on rice trade with Singapore is expected to further boost exports to the country, which imports over 90% of its food annually. Data from the Vietnam Trade Office in Singapore, citing statistics from the Singapore Enterprise Management Agency, shows that Vietnam currently maintains its position as the third largest rice supplier to Singapore, after India and Thailand. In the first nine months of 2025, the value of rice imports (1006) from Vietnam to Singapore reached SGD 87.8 million, a decrease of 11.5% compared to the same period in 2024, accounting for 25.3% of the total rice import market share in this market. Although the Singapore market size has not changed significantly, in terms of import value, ...