Vietnam News Highlights for May 28, 2023
Stay up to date with the best news about Vietnam for today.
Stay up to date with the best news about Vietnam for today.
The market will remain favorable for Vietnam's rice exports through the first quarter of 2023.
Vietnam is on track to export 7.2-7.3 million tons of rice in 2022, the second-highest export volume in the country's history.
Vietnam’s rice remains favorite in the international market despite fierce competition.
There has been progressing in Vietnam’s rice export as it has matched the national strategy for the diversification of rice export markets.
The US Department of Agriculture (USDA) noted the market is fond of fragrant rice from Vietnam, including the ST25, one of the world's best rice varieties.
During the first three months, the volume of rice exports reached 1.48 million tons, or $715 million, up 24% in volume and 10.5% in value year-on-year.