Tags: rice exports
Vietnamese rice dominates the Philippine market.
In the first 10 months of 2024, the Philippines imported 2.91 million tons of rice from Vietnam, accounting for more than 79% of the country’s total rice imports. The Vietnam Trade Office in the Philippines recently cited statistics from the Rice Import Licensing Authority under the Philippine Department of Agriculture, showing that as of the ... Read more
02/11/2024
See more
Vietnam Wins 7 Out of 12 Rice Export Contracts to Indonesia
7 out of 12 contracts for exporting rice to the Indonesian market were awarded to Vietnamese businesses, totaling 185,000 tons. Of these, VinaFood 1 won the largest bid, with 104,000 tons. Vietnam wins bid for rice export package to Indonesia. The Indonesian National Logistics Agency (Bulog) announced the results of the July tender for 320,000 ... Read more
05/08/2024
See more
In 6 months, the Philippines bought nearly 2 million tons of Vietnamese rice.
The Philippines’ demand for imported rice remains high. In the first half of this year, Philippine traders purchased large quantities of Vietnamese rice to meet domestic consumption needs. Vietnamese rice imports to the Philippines market have increased sharply. According to Mr. Phung Van Thanh, Commercial Counselor of the Vietnamese Trade Office in the Philippines, rice ... Read more
24/07/2024
See more
The rice market is highly volatile; what will happen in the final months of the year?
In the second quarter of this year, Vietnam’s rice export market decreased by 5.6% compared to the first quarter, but was still 15.4% higher than the same period last year. India’s consideration of easing rice export restrictions may lead to further price adjustments downwards in the near future; however, Vietnam’s rice industry is expected to ... Read more
22/07/2024
See more
Rice Export Prices Reach $1000, Rice Exports Continue to Flourish
Vietnamese rice prices have risen sharply in many markets, even reaching nearly $1,000 per ton. Rice exports continue to maintain strong performance in both volume and price in the second half of this year. Rice exports reach $1000 Prices are rising, and volume is increasing in many high-end markets. According to statistics from the General ... Read more
11/07/2024
See more
Opportunities for Vietnamese Rice as the Philippines Reduces Import Taxes
On June 24th, the Ministry of Industry and Trade announced that Philippine President Ferdinand R. Marcos, JR., had issued Decree No. 62 reducing import tariffs on many items, including rice. This presents an opportunity for Vietnamese rice to increase exports and capture a larger market share. The Philippines has issued an order to reduce import ... Read more
27/06/2024
See more
