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Food exporters are seeing a recovery in orders though admittedly they have yet to climb back to the levels of past years. “We have gotten orders worth tens of millions of dollars so far this year,” Le Thi Giau, chairwoman of instant noodle exporter Binh Tay…
Vietnam exported 2.1 million tons of rice in the first three months, worth $1.4 billion in total, up 42% year-on-year in value. According to the Ministry of Agriculture and Rural Development, main buyers such as the Philippines, Indonesia, China, Ghana,…
Vietnam’s fruit and vegetable exports surged 38% to about $749.7 million in the first two months and is expected to peak at nearly US$7 billion this year. Durian alone would will bring in $3.5 billion after the Vietnamese Ministry of Agriculture and Rural…
Indonesia plans to increase rice imports by 1.6 million tons this year, giving Vietnamese exporters a big opportunity, the Vietnam Trade Office in that country said. The import licenses for the additional quota would be issued soon by its Ministry of Trade…
Vietnam shipped 230,000 tonnes of coffee abroad in January, earning $623 million, up 61.6% in volume and 100.3% in value year-on-year, according to the Ministry of Agriculture and Rural Development. In the last days of the Year of the Cat, the average coffee…
Seven Vietnamese firms have won a bid to export 300,000 tons of rice to Indonesia, or more than half the volume that country’s plans to import in January. Their lowest quote was US$648 per ton, including transportation costs. Earlier this year Indonesia said…
According to the Vietnam Fruit and Vegetable Association, fruit and vegetable exports have risen by 89.2% this year to US$459 million due to a surge in demand from China. China has imported large volumes of durian, bananas and dragon fruit. Cold snaps in many…
Vietnam’s rice exports soared to 8.13 million tons, valued at US$4.7 billion in 2023, setting a new national record, as per the General Department of Customs. This marked a 14.4% increase in volume and a 35.3% rise in value from the previous year, despite…
In 2023, the rice farming area nationwide is 7.1 million ha with productivity estimated at 6.08 tonnes of unmilled rice per ha and total output at 43.1 million tonnes, up about 420,000 tonnes from last year. Some 7.75 million tonnes of milled rice was…
Vietnam rice export prices have reached a new peak of US$663 per ton, the highest price in the world right now, amid rising global demand. On Monday prices rose 2% in a single day to $663. Rice from Vietnam’s competitor Thailand has also risen 8% in the last…
Vietnam’s coconut export is expected to reach US$1 billion in 2025 after the U.S. and China agree to allow Vietnamese coconuts to enter the two markets, according to the Vietnam Coconut Association. As the U.S. is about to open the market for Vietnamese…
Prices of Vietnam’s exported rice are still the highest in the world, with that of 5% broken rice reaching 638 USD per tonne, and 25% broken rice $623 per tonne, according to the Vietnam Food Associaion. Meanwhile, Thailand’s 5% broken rice is sold at $628…
Vietnam exported 153,000 tons of pepper worth US$483 million in the first half of this year, up 24% in volume but down 13.7% in value year-on-year. According to the General Department of Vietnam Customs, the average price stood at $3,184 per ton, a decrease…
The export of rice, fruit and vegetables to China and other markets posted surges of 34.7% and 64.2%, respectively in the first half, according to the Ministry of Agriculture and Rural Development. Director of the ministry’s Agro-Forestry-Fisheries Quality…
As one of the few sectors reporting export turnover increase in the first quarter of 2023, Vietnam’s vegetable and fruit sector has a bright outlook to earn $4 billion in export revenue this year. Vietnam exported nearly $1 billion worth of fruits and…
Minh Phu Seafood, one of the country’s biggest shrimp processors, reported a loss of VND95 billion ($4.1 million) in the first quarter, ending its seven-year profitability streak. Its revenues fell by half year-on-year to VND2.1 trillion. The gross profit…
