According to the European Commission (EC), thanks to the effectiveness of the EU-Vietnam Free Trade Agreement (EVFTA), Vietnam has a tariff-free quota of 80,000 tonnes of rice to export to the EU per year.

The EVFTA has helped Vietnam achieve a quota of 80,000 tonnes of rice per year with a 0% tax rate.

According to the Import and Export Department under the Ministry of Industry and Trade, the EU will directly allocate the quota of 80,000 tonnes of rice to their importers while Vietnamese enterprises that are eligible to export rice to the EU need to contact EU rice importers to make full use of the quota.

The amount of Vietnamese rice exported to the EU remains low. Vietnamese rice exports to the EU only reached about 20,000 tonnes in 2019 while the average rice consumption of the EU is 2.5 million tonnes per year.

The reason is that Vietnam was not granted tariff quotas by the EU before, so it was difficult for Vietnamese rice to compete with rice from other countries allocated with tariff quotas or tax exemption.

The EVFTA has helped Vietnam achieve a quota of 80,000 tonnes of rice per year with a 0% tax rate.

To meet the EU's requirements for rice exports, the Ministry of Agriculture and Rural Development is rushing to finalise and submit related administrative procedures for the Government in order to issue a decree on administrative procedures for rice exports to the EU and the enjoyment of tariff-free quotas.

“Rice and flower villages” programme flourishes

(BGO) - 5 years ago, Bac Giang Ornamental Creatures Association was assigned by Vietnam Ornamental Creatures Association to pilot the programme “Rice villages, flower villages”. Thanks to attention and joint efforts of the local party committee, government and people, the flower growing movement has been rapidly spread over the province from the piloted growing model in Dinh Tri commune, Bac Giang city generating high incomes for local people. 

Hiep Hoa builds high - quality rice cultivation area

(BGO) - According to Division of Agriculture and Rural Development of Hiep Hoa district (Bac Giang province), after 5 years implementing the Resolution No 130-NQ/TU of the provincial Standing Party Committee dated 16 August 2016 on accelerating application of high technologies in farm production in 2016-2020 period, Hiep Hoa district has fulfilled land consolidation and established 33 large fields with total 2,500 hectares of high-quality rice growing area, hitting 100 percent of the set target.

Vietnam scraps rice export limit

Prime Minister Nguyen Xuan Phuc has ordered the lifting of restrictions on rice exports, imposed for a month to ensure food security.

Additional 38,000 tonnes of rice to be exported

Online customs declaration services will be made available for exports of additional 38,000 tonnes of rice at 0:00 am on April 26, according to the General Department of Vietnam Customs.

Vietnam exports over 68,000 tonnes of rice as of April 21

Vietnam has shipped more than 68,000 tonnes of rice abroad as of April 21 evening, part of 400,000 tonnes of rice under quotas for this month, the General Department of Customs reported on its website.

Source: NDO