Business

Rice exports in February rise two-fold from last year

Vietnam shipped abroad approximately 440,000 tonnes of rice in February, up 5.44 percent against last month and 117 percent from a year ago, according to the Vietnam Food Association (VFA).
Rice exports in February rise two-fold from last year ảnh 1Rice for export. (Photo: VNA)


HCM City (VNA) – Vietnam shipped abroad approximately 440,000 tonnes of rice in February, up 5.44 percent against last month and 117 percent from a year ago, according to the Vietnam Food Association (VFA).

The rice exports were valued at 178 million USD with average FOB price was estimated at 405 USD per tonne.

The country exported 856,000 tonnes of rice in total for 348 million USD during the first two months of 2016. The amount also doubled that of the same period last year thanks to continued purchases from Indonesia, the Philippines and China.

The domestic price of rice is forecast to be on the rise in the coming time as severe drought and saltwater intrusion have been affecting large areas of rice in the Mekong Delta, while a large volume, around 1.4 million tonnes, of signed contracts is scheduled to be delivered in the coming months.-VNA

VNA
#Rice export#Vietnam#February#2016#first two months
Follow VietnamPlus

Related News

Vietnam hopeful about rice export in 2016

Vietnam hopeful about rice export in 2016

Vietnam will have various advantages in exporting rice this year though it may have to compete with Thai rice in the global export market when Thailand sells rice at stock.
Rice exports increase sharply in January

Rice exports increase sharply in January

Vietnam exported nearly 315,000 tonnes of rice as of January 28, an increase of 46 percent compared with the same period last year, according to the Vietnam Food Association (VFA).
Workshop boosts rice export

Workshop boosts rice export

Expanding into international markets to boost rice exports was the focus of a workshop held by the Ministry of Industry and Trade on February 22 in HCM City.

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.