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Vietnam Business » Vietnam Import Export News » Vietnam export 4 million tonnes of rice

Vietnam export 4 million tonnes of rice

The export price of rice is now U.S. $ 438.2 per tonne on average 28% increase over last year. The VFA has signed contracts to export a total of 5.83 tonnes of rice so far. The exporters have bought 469,000 tons of rice to store up, which increases the price of rice in the Mekong Delta from 150 to 400 VND per kg compared to the end of July.

Vietnam exported nearly four million tons of rice valued at more than U.S., 1.9 billion U.S. dollars in the first seven months of this year, according to the Vietnam Food Association (VFA), 6 July. The export price of rice is now U.S. $ 438.2 per tonne on average 28% increase over last year. The VFA has signed contracts to export a total of 5.83 tonnes of rice so far. The exporters have bought 469,000 tons of rice to store up, which increases the price of rice in the Mekong Delta from 150 to 400 VND per kg compared to the end of July. Under the VFA, the Vietnamese rice exporters are now in a favorable position in the global market is witnessing high demands for imported rice because the recent surge in prices for wheat.

Vietnam Business And Financial News Network. Source [english.vietnamnet.vn]

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