VN exports nearly 537,000 tonnes of rice

15:31 | 26/03/2015

VGP –  Viet Nam had earned $241.334 million from exporting around 536,570 tonnes of rice, according to the Viet Nam Food Association.

The price of rice stands at $470.5 a tonne, a drop of 1.36% compared to the same period last year.

Notably, Gana and Ivory Coast have become Viet Nam’s 2nd and 3rd largest rice importers, respectively, making up 31.19% of the country’s total rice market share.

Dried normal rice paddy is being sold at VND5,150-5,250/kg while long grain rice paddy at VND5,400-5,500/kg in the Mekong Delta.

Currently, as domestic businesses meet difficulties in exporting to traditional markets, promoting exports to new markets such as Africa and Mexico is considered an important solution.

                                                                                                                    By Vien Nhu