Vietnam’s rice is in a good position to bolster its status as one of the major export goods of the nation on the back of global restrictions due to supply issues and trade tariffs, as well as changing trends in wheat-consuming countries.
Chinese demand for fruit for the lunar new year holiday accounts for up to 50% of Vietnam’s total fruit exports. Experts warn that the products may get stuck at border gates.
Vietnam shipped 600,000 tons of rice in November, bringing the total volume and value of rice export in the year through November to nearly 6.7 million tons
Ho Chi Minh City: Vietnam, the world’s second-largest exporter of rice, is on track to export seven million tonnes this year after India banned exports of broken rice and imposed a 20% duty on exports of various grades of rice in early September.