VFA

Update news VFA

Vietnam vows to develop national rice brand

VietNamNet Bridge - The government has approved a plan to develop a national rice brand by 2020, aiming to improve marketing capability and competitiveness.

Rejected rice export consignments to US are not toxic: officials

VietNamNet Bridge - Vietnamese agencies have confirmed that rice export consignments rejected by the US are not toxic or unsafe.

Vietnam’s rice exports see record low in 2016

VietNamNet Bridge - Contrary to optimistic forecasts given earlier this year, rice exports have plunged recently. The total export volume would be less than 5 million tons in 2016, a record low since 2009.

When Chinese get involved in Cambodia's rice strategy

VietNamNet Bridge - China's plan to get involved in Cambodia's rice development strategy is a bad sign for Vietnam.

Giant rice exporter incurs huge loss

VietNamNet Bridge - The Southern Food Corporation, also known as Vinafood 2, one of two of Vietnam's largest rice exporters, has reported an accumulative loss of VND1 trillion. 

Vietnam’s rice exports at a standstill

VietNamNet Bridge - Vietnam is facing dual difficulties in exporting rice as demand from loyal markets has been lower than expected, while the price has been decreasing in the world market.

Food association denies strong rice export forecast reduction

 The Vietnam Food Association (VFA) has denied news reports that the association has cut its rice export forecast to 4.75 million tons for 2016 from 6.5 million tons.

China tightens control over rice imports from Vietnam

VietNamNet Bridge - Vietnam and China have signed a protocol on phytosanitary requirements on Vietnamese rice and rice bran exports to China. The protocol sets stricter sterilization inspection of exports.

Thailand sells rice stockpile, Vietnam may lose buyers

VietNamNet Bridge - Soon after Thailand announced the plan to sell 11.4 million tons of rice in stockpile over a two-month period, Vietnam’s exporters predicted they would be hurt by the move

Drought, Thai sales of rice inventory pose problems for exporters

VietNamNet Bridge - Though the rice export increased in the first quarter over last year in the same period, rice exporters have been warned about big difficulties ahead.

Firms have to set up business in Singapore to export Vietnamese rice

VietNamNet Bridge - A lot of companies have had to give up exporting rice because they cannot satisfy the requirements set by Decree 109.

Targeting Chinese market, rice exporters earn modest profits

VietNamNet Bridge - Vietnamese rice exporters have been told to try to penetrate non-China markets to make bigger profits. However, they have not made efforts to attack markets in France and the US.

VFA forecasts decline of rice exports in second quarter

The Vietnam Food Association (VFA) has planned to export 1.6 million tons of rice for the second quarter of this year, 200,000 tons lower than the initial plan.

Big rice importers cancel rice imports from Vietnam

VietNamNet Bridge - Vietnam has lost rice export contracts as some of its major markets including Indonesia and the Philippines have canceled their import plans.

Rice exports: Vietnam’s low-price advantage won’t help

VietNamNet Bridge - Despite difficulties, Vietnam’s rice exports have remained stable over the last few years thanks to low prices. However, this advantage may not help in the future as the world market has seen major changes.

Vietnam’s rice, although top-rated, is a poor money earner

VietNamNet Bridge - Vietnam has been listed among the top three countries which provide the most delicious rice in the world. However, Vietnam still cannot export ‘the pearl from God’ to many countries.

VN Gov't urged to break up monopoly of big food corporations

VietNamNet Bridge - Vietnam needs a strong national rice brand. But to do this, it is necessary to eliminate the monopoly enjoyed by the two largest food corporations.

National rice brand: Vietnam’s choice of jasmine rice controversial

VietNamNet Bridge - While many countries in the world have reduced the cultivation of Jasmine rice, because it is difficult to grow and sell, the Vietnam Food Association (VFA) has decided that Jasmine will be the national rice brand for Vietnam.

Unreasonable mechanism clips the wings of rice exporters

VietNamNet Bridge - Five big rice exporters, including Thailand, India, Vietnam, Pakistan and the US, are all under the influence of new economic circumstances. However, Vietnam is the only country which has seen exports fall.

Jasmine fragrant rice to be developed as Vietnam’s national rice brand

VietNamNet Bridge - The Vietnam Food Association (VFA) has decided that Jasmine, a type of fragrant rice, will be developed into the country’s national rice brand.