News

The solution for Vietnamese rice to dominate the EU market

Rice
Vietnam
Published Aug 5, 2022

Tridge summary

Talking to the Vietnam News Agency correspondent in Brussels, Mr. Tran Van Cong, Vietnam's agricultural counselor in the EU, made comments and assessments on this issue. According to Mr. Tran Van Cong, rice exports to the EU market in recent years have prospered. However, the EU is not a large rice import market for Vietnam because the EU only sets aside a quota of 80,000 tons for rice in the EU-Vietnam Free Trade Agreement (EVFTA). Another reason is that the EU is also not a big rice consuming market compared to other markets.

Original content

Talking to the Vietnam News Agency correspondent in Brussels, Mr. Tran Van Cong, Vietnam's agricultural counselor in the EU, made comments and assessments on this issue. According to Mr. Tran Van Cong, rice exports to the EU market in recent years have prospered. However, the EU is not a large rice import market for Vietnam because the EU only sets aside a quota of 80,000 tons for rice in the EU-Vietnam Free Trade Agreement (EVFTA). Another reason is that the EU is also not a big rice consuming market compared to other markets. In the past time, since the implementation of EVFTA, Vietnamese enterprises have made efforts to export rice to the EU market according to the quota granted. Mr. Tran Van Cong said that for ordinary milled rice, businesses have made full use of quotas. Particularly, milled rice, exported to the EU, is very small. According to the commitment is 20,000 tons, but Vietnamese enterprises have only implemented a very small part. Vietnamese enterprises have ...
Source: Vinanet
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