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Rice imports to the Philippines amounted to 2.8 million metric tonnes (MT) during the first 8 months of this year, 19% higher than he same period last year, data from the country’s Department of Agriculture (DA) showed. In its latest report, the department’s…
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…
Rice was the Vietnamese product with the highest export value to Philippines in the first six months of 2024, with a turnover of $1.2 billion, up 41% over the same period last year. According to data from the Vietnam Trade Office in the Philippines,…
Vietnamese exporter Tan Long Group has refuted an allegation by an Indonesian civil society organization that it sold rice to that country at much higher than market prices. According to the Vietnam Trade Office in Indonesia, the People’s Democracy Study…
According to data from the General Department of Customs, the average rice export price increased by over 18% over the same period last year. The grain was sold at US$959 per ton in Brunei, $868 in the US, $857 in the Netherlands, $847 in Ukraine, $836 in…
The Philippines, one of the world’s largest rice buyers, has announced a reduction in rice import taxes from 35% to 15%, effective from early this August through 2028. This can be seen as the latest action by the Philippine government to tackle inflation,…
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,…
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…
The record prices of durian, coffee, and rice in 2023 brought significant profits to farmers in the Central Highlands and the Mekong Delta. Thoai, a garden owner in the Mekong Delta province of Can Tho, stated that durian farmers had never had a bumper…
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…
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…
Vietnam has agreed with Thailand as well as the Philippines to strengthen rice export cooperation to ensure regional and global food security. The consensus was reached when Vietnamese Prime Minister Pham Minh Chinh met with Thai counterpart Srettha Thavisin…
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 has been named the winner of the World’s Best Rice Contest for the second time, with six varieties, including the renowned ST25. The six varieties were submitted by two each from three companies: Ho Quang Tri Private Company, Loc Troi and Thaibinh…
Vietnam’s domestic rice prices have surged to a new record amid rising export demand while authorities ensure there is no supply shortage for consumers. Rice seller Thanh in Ho Chi Minh City’s Tan Binh District said that he has recently sourced price the…
