Rice is packaged at a factory in Vietnam. (Photo: VNA)Vietnam’s Commercial Counselors in Indonesia andLaos, and officials in charge of commercial affairs in Malaysia, Singapore andThailand, will inform about the host markets for Vietnamese rice exports.
Last year, the Philippines was Vietnam’s biggestrice buyer, importing 2.45 million tonnes worth over 1.25 billion USD.
In the first quarter of this year, the Philippinesmaintained its top position, making up 44.7 percent and 42.6 percent of Vietnam’stotal rice export volume and value, respectively.
Apart from the Philippines, Vietnamese rice has alsobeen exported to other major markets in the region like Malaysia, Singapore,Indonesia and Brunei.
Vietnam’s rice exports to Malaysia in January rose163.4 percent and 156 percent in volume and value compared with the previousmonth, and 104 percent and 67.5 percent year-on-year, respectively.
The ministry held that to improve export efficiency,the sector should review rice demand in each ASEAN market, saying Vietnamshould pay more attention to trade policies with regional countries, maximiseadvantages brought about free trade agreements between ASEAN and partnersworldwide, and further improve its technological capacity to raise thecompetitiveness of goods./.
VNA
