Loc Troi Group JSC exported nearly 500 tonnes of rice labelled with its own brand name “Com Vietnam Rice” to the EU markets in June.

There are signs showing that the rice is the next commodity to see price fever. Vietnam, with the rice output of 28 million tons, can ensure its food security and grasp the opportunity to boost exports.

Vietnamese rice exporters have a great opportunity to dominate the market share in the Southeast Asian market in particular and the world in general. However, Vietnamese rice grain is still presently struggling to find its position in rice export.

Vietnam’s rice exports during the initial four months of the year has rebounded impressively with the export value exceeding US$1 billion, according to the Ministry of Agriculture and Rural Development (MARD).

With the local rice demand taken into account, the Mekong Delta region has some 2.5 million tons of rice left in November and December that can be exported.

The structure of Vietnam's rice for exports has shifted towards increasing the proportion of high-value-added rice varieties and reducing the rate of low-grade rice products.

The export price of Vietnam’s 5% broken rice has soared recently, surpassing that of Thailand and far outstripping the rice prices of India and Pakistan, according to the Vietnam Food Association.

Rice businesses in the South are again able to ship through HCM City’s Cat Lat Port after a month’s stoppage due to a pileup of containers after many consignees suspended business due to COVID-19.

The Ministry of Industry and Trade has set up a working group to inspect the implementation of the law on rice imports and exports at five local rice import and export companies.

Vietnamese rice exporters have been urged to play a more active role in utilising free trade agreements (FTAs) to which Vietnam is a party to boost falling exports.

There are different remarks over the good harvest and export prices of rice in the Mekong Delta but the strong decline in rice export volume.

The National Office of Intellectual Property (NOIP) says the ST25 rice variety has been granted a Protective Certificate No 21.VN.2020 under Decision No 45/QD-TT-VPBH dated March 6, 2020 by the director of the Department of Crop Production.

If certain legal entities in the US successfully register the ST25 rice brand, Ho Quang Cua, the real owner of the brand, will lose ownership and it will be very difficult to claim it back.

The Ministry of Agriculture and Rural Development reported the volume of rice exported reached 450,000 tonnes with a value of US$246 million last month.

Overcoming Thailand and India, Vietnamese rice ranked first in the world on average selling price, which in the first quarter was US$547 per ton, up 18.6% year on year.

According to the analysis by QY Research published in 2020, the total value of global organic rice exports in 2018 was US$1.5 billion.

Vietnamese rice prices are on the rise and can compete with other rivals in terms of quality, according to the Ministry of Agriculture and Rural Development (MARD).

The shift in rice export from low- to mid- and high-quality helped the rice export industry fare better in 2020. Yet much has to be done to maintain achievements.

In the first months of 2021, tonnes of Vietnamese ri

The first 60 tonnes of jasmin rice shipped to the UK under the UK-Vietnam Free Trade Agreement (UKVFTA) hit the shelves in London on January 26.