India, which provides 40 percent of global rice exports, is considering prohibiting the sale of rice abroad. The move may affect the global market and lead to an increase in Vietnam’s rice exports.

Growing 1 million hectares of high-quality paddy rice in Mekong Delta is an important project which is still on paper, but a number of countries have said they want to place orders.

Export prices of Vietnamese rice soared to 10-year highs in the first half of 2023, offering a bright prospect for the country’s rice export sector this year, according to the General Department of Vietnam Customs.

The price of exported rice has continuously increased since the beginning of 2023, reaching an average of US$517/ton, which is the highest average export price in the past ten years.

Vietnam will develop and diversify rice export markets with a reasonable, stable, and effective scale, market and product structure under a strategy recently approved by the Prime Minister.

Rice traders reported losses even though their export volume and value last month doubled the figures of the same period last year.

Deputy Prime Minister Le Minh Khai has just signed a decision approving the Strategy on Development of Vietnam's Rice Export Markets until 2030, which aims to develop and diversify rice export markets.

Vietnam’s rice exports to Indonesia rocketed in the first four months of the year, according to data from the General Department of Vietnam Customs.

Vietnam’s rice exports rose strongly by nearly 45% in value in the first months of the year, while many enterprises did not have sufficient rice to export, given the increasing global demand for food.

Farmers in Vietnam's southern tip, Ca Mau Province, harvested more than 1.5 million hectares of winter-spring rice crop; thus, the province’s rice output topped over 10 million rice tons.

The Philippines spent more than 450 million USD importing some 900,000 tonnes of Vietnamese rice in the first quarter of this year, and more orders are expected to be placed in the time ahead.

ietnam exported 1.7 million tonnes of rice in the first quarter of 2023 worth over 900 million USD, a 19% increase in quantity and 30% rise in value compared to the same period in 2022.

The ministry urged domestic rice companies to increase promotions to take the opportunity from Indonesia’s import plan and boost exports into this market.

Asian clients, including China and Indonesia, have unexpectedly increased purchases of rice from Vietnam.

The Ministry of Agriculture and Rural Development announced a decision to set up the public-private partnership (PPP) task force on rice and discussed an action plan for 2023 at a recent conference held in the Mekong Delta city of Can Tho

The Indonesian Chamber of Commerce Vietnam said that Indonesia is planning to import two million tons of rice to improve its 2023 reserves, offering an opportunity for Vietnam to ship more rice to the Southeast Asian market.

The State Bank of Vietnam (SBV) has instructed credit institutions in the Mekong Delta region to promote lending to rice producers and traders to help them have sufficient capital, especially in the winter-spring harvest in 2023.

Vietnam is expected to ship about 6.5-7 million tonnes of rice abroad this year thanks to the return of markets like Indonesia, Bangladesh, and China, according to the Ministry of Industry and Trade (MoIT).

The Vietnamese rice industry is set to benefit from the high demand and prices this year, with lower input costs leading to expanded profit margins for rice businesses.

The Ministry of Agriculture and Rural Development is about to complete a draft of the project to develop 1 million ha of low-emission high-quality rice in Vietnam, according to Deputy Minister Tran Thanh Nam.