Vietnam's export rice prices continue to maintain the leading position
- 196
- Business
- 15:29 19/04/2022
DNHN - According to the Ministry of Agriculture and Rural Development, our country exported 1.48 million tons worth 715 million USD in the first quarter of 2022, an increase of 24 per cent in volume and 10.5 per cent in value over the same period last year.
In the world market, Vietnam's export rice price continues to maintain its leading position among rice exporting countries. Accordingly, 5% broken rice has increased from 12-15 USD/ton compared to the beginning of the year, to 415 USD/ton, the highest level in more than 3 months thanks to increased demand and production advantages.
In addition to traditional markets such as the Philippines (accounting for the largest proportion) China, Malaysia, the US, African countries, South Korea, etc., rice exports to Europe (EU) are expected to increase sharply in 2022. supported by the EU-Vietnam Free Trade Agreement (EVFTA).
Vietnam orients restructuring towards value promotion and sustainable development. The rice industry also aims to improve the quality and value of Vietnamese rice grains.
Bao Trang
Related news
- The potential of the blockchain and cryptocurrency
- Electricity price hike and the long-term energy dilemma
- Institutional obstacles "tie up" enterprises and challenge economic growth
- Vietnam stands poised to seize opportunities in the semiconductor industry
- Southeast enterprises integrate renewable energy into production
- ‘'Bầu Đức'’ and the banana revolution at Hoang Anh Gia Lai
- Foxconn expands investment with additional $80 million for chip production in Bắc Giang
- The National Assembly supports strong decentralization in public investment
- Dr. Nguyễn Văn Thân, Chairman of Vinasme: The 15-17% preferential tax rate fails to truly support small and micro enterprises
- Real estate capital faces risks from credit to bonds
- Vietnam emerges as a new hub in the global semiconductor industry
- Foreign investment: A key driver of Vietnam's economic growth
- Draft resolution on commercial housing: A new opportunity for the real estate market
- VINASME Championship SHB Cup 2024 Golf Tournament: Business leaders shine with elite swings
- Numerous policies supporting businesses in opening shipping routes through Nghi Sơn Seaport
- Removing the "bottleneck of bottlenecks" to unlock production capacity and tap into all development resources
- What can be learned from VinFast's success after becoming the best-selling car brand in Vietnam?
- Renewable energy: Opportunities and challenges for the NetZero 2050 goal
- What should real estate businesses do during a recession cycle?
- Clear legal framework needed to regulate online pharmaceutical business
Đọc thêm Business
Electricity price hike and the long-term energy dilemma
With EVN's third price hike since 2023, rising electricity costs burden households and industries. Experts warn that sustained losses threaten future power projects, urging reforms to boost investment and ensure energy security.
Vietnam stands poised to seize opportunities in the semiconductor industry
In the context of a rapidly evolving global economy driven by digitalization, the semiconductor industry has emerged as a key strategic pillar.
Pilot project for commercial housing to expand land use rights
The National Assembly Standing Committee has submitted a pilot project on commercial housing through land use rights agreements for National Assembly consideration, aiming to unlock resources.
The National Assembly supports strong decentralization in public investment
The National Assembly has approved a policy of decentralization in public investment management, demonstrating a commitment to economic development and creating opportunities for local governments to mobilize resources.
Assoc. Prof. Dr. Tran Kim Chung: The 1987 Land Law laid the foundation for the real estate market
Assoc. Prof. Dr. Tran Kim Chung, former Deputy Director of the Central Institute for Economic Management, states that the 1987 Land Law laid the groundwork for the development of the real estate market.
Bank interest rates on 31st October: Major players compete fiercely
Bank interest rates have been highly volatile, with one bank making its second rate adjustment in the month as of October 31, 2024, underscoring the competitive landscape.
Amendment of the PPP Law: A new direction to unlock investment resources
To address obstacles in investment through the PPP model, the Ministry of Planning and Investment has submitted a proposal to amend the PPP Law, creating a more favorable legal framework for investors.
Real estate capital faces risks from credit to bonds
Amid global economic turbulence, the real estate market faces significant risks from bank credit and corporate bonds.
Foreign investment: A key driver of Vietnam's economic growth
In the face of global economic fluctuations, attracting foreign direct investment (FDI) has become a bright spot for Vietnam.
Draft resolution on commercial housing: A new opportunity for the real estate market
Amid the challenges facing Vietnam’s real estate market, the addition of a Draft Resolution piloting commercial housing projects brings renewed hope to citizens and promises to boost economic development.