Vietnam exported 432,000 tonnes of rice for 191 million USD in August, bringing the total volume and value in the first eight months of this year to 3.37 million tonnes and 1.51 billion USD.
HCM City (VNA) – Vietnam exported 432,000 tonnes of rice for 191 million USD in August, bringing the total volume and value in the first eight months of this year to 3.37 million tonnes and 1.51 b🍷illion USD.
The figures represented decreases of 16.6 percent in volume and 13.1 percent in value compared with the same period last year, according to the Ministry of Agriculture and Rural Development.
China remained the biggest importer of Vietnam’s rice with 36 percent of the market share. A total of 1.04 million tonnes worth 476 million USD were shipped to this market between January-July, down 21.6 percent in volume and 11.9 percent in value year-on-year.
Indonesia followed with 353,000 tonnes and 140.4 million USD, up 25.5-fold in volume and 26.8-fold in value year-on-year.
Rice export to several traditional markets suffered from drastic decreases, including the Philippines (66.4 percent), Malaysia (54.5 percent), and Singapore (36.3 percent).
However, it is noted that the Philippines will open bidding for 250,000 tonnes of rice on August 31 as part of its plan to import 1 million more tonnes of rice to ensure food for next year.
Vietnam will participate in this auction, according to the Vietnam Food Association.-VNA
ietnam exported 2.93 million tonnes of rice with a value of 1.32 billion USD in the first seven months of the year, a year-on-year plunge of 18.4 percent in volume and 14.4 percent in value.
Vietnam will restructure its export rice products towards increasing the proportion of high-quality, high-value, organic, highly-nutritious rice and products made from rice.
Vietnam earned 20.6 billion USD from selling abroad farm, forestry farmed fish products in the first eight months of 2016, up 5.6 percent from a year ago
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Illustrative image (Source: VNA)
