Ho Chi Minh City has the largest number, 36, one fewer than the list released last October. It is followed by Can Tho city with 34, Long An province 22, Dong Thap province 15, and An Giang 14.

The rice warehouse of the Duong Vu Co. Ltd in Thu Thua district, Long An province.

Some provinces have only one certified merchant, including Ha Nam, Hau Giang, Khanh Hoa, Lang Son, and Thanh Hoa.

The number of traders eligible for rice export in the latest list decreased considerably compared to the August 2023 list that comprised 210, which later fell to 170 in October last year, statistics show.

The Foreign Trade Agency said that in 2023, the MoIT played a good advisory role in the governance of rice export, helping gain positive export results, ensure high prices for farmers, and guarantee food security.

Last year, Vietnam shipped more than 8.1 million tonnes of the grain worth nearly 4.7 billion USD abroad amid complex developments in global rice trading, including many countries’ restrictions of rice export.

Experts forecast export prices will continue rising in 2024 due to smaller supply as a result of India’s ongoing export restrictions and growing import demand of many countries like Indonesia and the Philippines.

For 2024, Vietnam looks to maintain the cultivation area at 7.1 million ha, produce over 43 million tonnes of unhusked and export more than 8 million tonnes of husked rice.

Vietnam’s rice exports hit record high since 1989

Vietnam’s rice exports this year to the end of November hit a record high since 1989 with an export volume of nearly 7.8 million tonnes and turnover of 4.4 billion USD.

Rice exports expected to hit $5B this year

Rice export volume and value during the first 11 months surpassed the figures of the entire 2022, and this year’s revenue is expected to reach $5 billion, authorities said.

Vietnam promotes rice exports to China

A delegation of the Ministry of Industry and Trade (MoIT) led by Deputy Director of the ministry’s Agency of Foreign Trade Tran Quoc Toan and representatives from 19 Vietnamese rice exporters have paid a working visit to Beijing, China to promote Vietnamese rice in the market.

Rice export prices hit 15-year high

Vietnam’s 5% broken rice has risen to a 15-year peak of $653 per ton, exceeding that of competitors Thailand and Pakistan.

Vietnam rice export price climbs amid thin supply

Vietnam's rice price continues to rise as the harvest season ends, creating a shortage of supply.

Source: VNA