Rice exports top $3.8B in 8 months

Vietnam exported 6.16 million tons of rice worth nearly US$3.85 billion in the first eight months of this year, the Ministry of Agriculture and Rural Development (MARD) has said.

This marked a 5.9% increase in volume and a 21.7% growth in value from the same period last year.

According to the MARD, along with the increase in output, the average rice export price in the period also rose about 14.8%, reaching $625 per ton.

In the domestic market, prices of many types of rice in the Mekong Delta region remained stable last week compared to the previous week.

Specifically, prices in the Mekong Delta province of An Giang remained unchanged for popular varieties such as Dai Thom (fragrant rice) 8, OM 5451 and OM 18.

Regular rice retails at VND15,000-16,000 (US$0.6-0.64) per kilogram, while long-grain fragrant rice is sold at about VND20,000-21,000.

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