Vietnam’s rice export turnover up 10.5 percent in Q1
Vietnam exported 1.14 million tonnes of rice worth 715 million USD in the first quarter of 2022, up 24 percent in volume and 10.5 percent in value year-on-year, according to the Ministry of Agriculture and Rural Development.
Hanoi (VNA) – Vietnam exported 1.14 million tonnesof rice worth 715 million USD in the first quarter of 2022, up 24 percent involume and 10.5 percent in value year-on-year, according to the Ministryof Agriculture and Rural Development.
The traditional markets of the Vietnamese food crop such as the Philippines, Malaysia andChina still recorded stable growth in the period.
According to the ministry, the food demand in the world is forecast to continueincreasing, with many signals showing that businesses can make good use ofopportunities from the markets as well as free trade agreements (FTA) to help boost Vietnam's export.
The Vietnam Food Association (VFA) reported that the export price of Vietnamese rice on April 13 was the top among the large major rice exporting countries.
In the last quarter, Vietnamese businesses mainly deliveredrice to the Philippines under contracts signed last year, but many signs showthat the demand is positive.
Since the European Union – Vietnam Free Trade Agreement (EVFTA) came intoeffect, the export price of Vietnamese rice to the EU has increased by 10 - 20USD/tonne. According to the EU statistical office Eurostat, among the supplies for the bloc, rice from Vietnam saw the highest price with an increase of more than 20 percent.
Vietnameserice exporters are advised to pay attention to improving the quality of rice inorder to maintain a competitive advantage in thi EU market.
Rice market analyst Nguyen Dinh Bich said that theprice of rice increased due to the impact of the Russia-Ukraine tension. In theworld market, prices of agricultural products such as corn, wheat, and soybean have also increased sharply.
TheVFA forecast that the rice export in the second quarter will be 🍌more stable asimporting countries are stepping up their purchases, and more countries are interestedin food stockꦗpiling due to political tensions in a number countries./.
Trung An Hi-tech Farming JSC in the Mekong Delta city of Can Tho has won a bid for 15,000 tonnes of rice from the Republic of Korea, CEO Pham Thai Binh announced on November 17.
Vietnam’s rice output topped 43.86 million tonnes in 2021, up 1.1 million tonnes year-on-year, according to the Ministry of Agriculture and Rural Development.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
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.
Illustrative image (Photo: VNA) 
