Hotline: 0274 383 347
Tuesday, 17-6-25 02:24:28

Economics

Hotline: 0274 383 347

Vietnam's rice exports increase over 23%

Vietnam's rice exports from January 1 to 15 reached 268,700 tonnes, valued at nearly 165.7 million USD, marking increases of 38.7% in volume and 23.28% in value year-on-year, according to the Vietnam Food Association (VFA).

Vietnam's rice exports from January 1 to 15 reached 268,700 tonnes (Photo: VNA)
Vietnam's rice exports from January 1 to 15 reached 268,700 tonnes (Photo: VNA)

Vietnam's rice exports from January 1 to 15 reached 268,700 tonnes, valued at nearly 165.7 million USD, marking increases of 38.7% in volume and 23.28% in value year-on-year, according to the Vietnam Food Association (VFA).

However, export prices for 5% broken rice fell to 413 USD per tonne, with 25% broken rice at 387 USD per tonne.

Despite the positive start, the VFA predicts a challenging year for rice exports, citing global competition and India’s return to the export market. The projected annual export volume for 2025 is 7.5 million tonnes, down from the record 9.04 million tonnes in 2024.

In the domestic market, farmers in the Mekong Delta are facing slower demand and lower prices for rice. Key varieties like IR 50404 and OM 5451 are trading at 5,500–5,700 VND/kg and 5,800–6,000 VND/kg, respectively. The decline is attributed to ample global supply, particularly from competitors such as India and Thailand.

Retail rice prices in An Giang range from 15,000 to VND (60 USD cent) 22,000 VND (88 USD cent) per kg, depending on the variety. Meanwhile, by-products like rice bran and broken rice fetch between 5,600–7,300 VND/kg.

As of January 20, Mekong Delta provinces have sown over 1.46 million hectares of the winter-spring crop, with 85,000 hectares already harvested.

However, erratic weather, including alternating rain and sunshine, has heightened risks of diseases such as leaf blight and pests like gall midges, particularly in provinces such as Dong Thap and Kien Giang.

The agriculture sector advises farmers to closely monitor their fields and take preventive measures to minimize potential losses early in the season./.

VNA

Tags: Mekong Delta

Vietnam, US conclude third round of bilateral trade talks

The two sides also agreed to convene an online working-level meeting in the coming days to continue resolving outstanding issues and prepare for a virtual ministerial dialogue between Vietnamese Minister of Industry and Trade Nguyen Hong Dien and US Secretary of Commerce Howard Lutnick.

Administrative reform drives investment attraction

To enhance competitiveness and create the most favorable conditions for businesses to invest, produce and operate with confidence, Binh Duong is continuing to focus on improving the quality of its investment and business environment

Enhancing loan accessibility for production and enterprises

Thanks to incentives and favorable conditions, business loan credit packages exemplify the bank's robust commitment

Reference exchange rate falls 15 VND on June 13

The opening-hour exchange rates varied among major commercial banks on June 13 morning.

Boosting investment in high-tech industries

In recent years, Binh Duong has consistently expanded its international cooperation efforts, promoted investment partnerships, advanced science, technology and innovation.

Local GRDP growth reaches 8.7% in first 6 months of 2025

In the first six months of 2025, Binh Duong province achieved significant progress in socio-economic development, with a Gross Regional Domestic Product (GRDP) increase of 8.7%.

Domestic investment attraction into IPs reaches 235% of yearly estimate

New investment projects and capital increases are mostly for factory investment and installation of machinery and equipment lines to produce industrial products.

Businesses connect for mutual development

The spread of technology from foreign-invested enterprises (FDIs) to domestic businesses remains limited.

Saving electricity in agricultural production

In the context of integration and the process of national industrialization and modernization of the country, modern agricultural production has been specialized and applied machinery in all stages.

Vietnamese State leader holds phone talks with new Korean President

President Cuong appreciated the attention President Lee has paid to relations with the Asian region and emphasised that this early phone talks reflects the importance he attaches to relations with Vietnam.

Enterprise - Brand

Company Social Media Net

Company VIETNAMNAY

Company HANEL MIROLIN

Company Keangnam - vina

Company HP Travel

Company Keloph