Category Archives: Vietnam Rice News

Vietnam Rice News

$27.3 bln of export revenue for Vietnam in two months

Vietnam’s total export earnings hit $13 billion in February, raising the total in the first two months of this year to $27.3 billion, up 15.4 percent annually, said the Ministry of Industry and Trade (MoIT). Of the two-month figure, 19.7 billion USD was contributed by foreign investment sector, including crude oil, marking a 16.8 percent… Read More »

China set to cut into India, Vietnam rice exports in 2017 – USDA

Falling demand and overseas competition are expected to bite into Vietnam’s rice exports. India and Vietnam, the world’s leading rice exporters, may see overseas sales fall below previously expected levels due to slowing demand and rising competition from China, the U.S. Department of Agriculture (USDA) said in a recent report. India’s rice exports year could… Read More »

Asia Rice-Rice prices advance in India, Vietnam while Thai prices drop on weaker baht

Rice prices in India and Vietnam advanced while Thai prices dropped due to a weaker baht, traders said on Thursday. In India, the world’s biggest rice exporter, 5-percent broken parboiled rice prices rose to $375-$380 per tonne from $373-$378 last week, as demand improved from African buyers. “In last few days African buyers have become… Read More »

VietNam wants China to permit more rice exporters

Many Vietnamese rice exporters are facing difficulties after China authorised only 22 Vietnamese businesses to export rice into the country. The permission was announced by China’s General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ), which allowed 22 firms to export rice and rice products from January 1, counting from the date of departure from… Read More »

Parboiled Rice Market Set to Surge Significantly by 2026

The global parboiled rice market is driven by the increasing demand for high nutritional rice. Some properties of parboiled rice such as non-sticky texture, swelled nature due to high amount of water absorption, high content of minerals and vitamins propels the global parboiled rice market. The high demand for long rice grain type drives the… Read More »

NFA mulls 800,000 MT rice imports

State-run National Food Authority (NFA) is mulling the importation of around 800,000 metric tons (MT) of rice via government-to-government scheme that will serve as the country’s buffer stock in preparation for the start of the lean months. This comes after the NFA decided to reject the extension of the private sector-led importation under the minimum… Read More »

No order for Pakistani non-basmati rice in Gulfood exhibition

Pakistani non-basmati rice has failed in swamping Gulf food market as price of Indian, Vietnamese, and Thai rice is relatively lower. According to details, Pakistan’s rice exporters participated in Dubai’s ‘Gulfood Exhibition’ but did not succeed in getting a single order for non-basmati rice. “We are unable to compete Indian, Vietnamese, and Thai rice as… Read More »

$20,000 for a rice export license – fact or fiction?

VietNam Net Bridge – Rice exporters complain they have to satisfy many requirements and pay under-the-table money to obtain a license to export rice. Everyone knows that it is costly to obtain a license to export rice, but rice exporters had never revealed how much a license costs until the director of a rice export… Read More »

Nigeria targets 2018 for rice sufficiency

In spite of selling rice to five countries, Nigeria is aiming to be self-sufficient in rice production by 2018, the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has said. He noted that Nigeria was currently selling rice to Cameroon, Niger, Chad, Mali and Mauritania. He said that though the country was not yet… Read More »