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Rice exports to see bright outlook this year


Saturday, 17:14, 06/03/2021
Increasing global demand, stable domestic production, and better rice quality count among the reasons Vietnam can be confident its rice exports will prosper again in 2021 and surpass the 3.1 billion USD in revenue posted in 2020, despite a significant decline in the first two months of this year.
Loading rice for export at Sai Gon port (Photo: VNA)
According to figures from Vietnam Customs, Vietnam earned US$192 million from shipping nearly 348,000 tonnes of rice overseas in January, down 34.2 % in value and 36.4 % in volume against December and 2.4 % and 15.4 %, respectively, year-on-year.
As the Lunar New Year (Tet) holiday fell in February, the month’s export turnover is expected to be down. ....

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