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Vietnam is targeting $5 billion in rice exports this year. The country currently ranks third in the world in terms of rice exports.

The price of apartments in Hanoi has been on an upward trajectory, setting new price benchmarks.

Thi Cam Village, nestled in Nam Tu Liem, Hanoi, was veiled in a haze of smoke during the annual rice cooking festival, drawing a bustling crowd of locals and tourists.

The plan matters a lot to Vietnam as the country pursues climate change targets and promotes rice trade with strategic partners amid global food concerns.

The supply of goods in Hanoi is abundant, meeting the demand of consumers during the holiday.

Most people and businesses believe the price increase is necessary to stabilize the power supply.

Noodles and steamed rice crepes in Thanh Luong and Ky Thuy villages on the outskirts of Hanoi have achieved the four-star standard of the national One Commune One Product (OCOP) program.

Walking through the vast mature rice fields, tourists can smell the sweet aroma of ripe rice in the breeze, which creates a relaxing and comfortable mood.

Over eight months, the country exported nearly six million tons of rice, generating revenue of nearly US$3.2 billion, up 21% and 35% year-on-year, respectively.

Vietnam had exported 4.83 million tons of rice by the end of July, amassing US$2.6 billion in revenue.

The move could further cement Vietnam's growing presence in the global food supply chain.

The real estate market in Hanoi has been experiencing a persistent shortage of housing supply in the first half of 2023.

The development of export-standard rice areas plays a vital role in maintaining food security and enhancing the competitiveness of Hanoi's rice products.

This represents an increase of nearly VND2,000 per liter for RON95 compared to the current price, bringing it close to the price threshold observed in November 2022.

Adjusting prices will enable Hanoi to improve supply capacity and ensure quality of clean water.

El Niño has resulted in increasing rice imports from Vietnam, enabling the country to reap US$2.32 billion in the first half.