Vietnam's rice exports brought in over $3 billion in 2020, marking a 10% increase from the previous year, as reported by the Vietnam Food Association. The rice industry is projected to continue its growth in 2021, fueled by new-generation free trade agreements such as the EU-Vietnam FTA and the Vietnam-Eurasian Economic Union FTA. These agreements are expected to expand the reach of Vietnamese rice into European and other markets. To sustain this growth, the industry must focus on building a comprehensive rice value chain and maintaining quality control. The Ministry of Industry and Trade will continue to support exporters by providing market information and trade promotion efforts.