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Diversifying into high-value rice markets could be a boon for Vietnamese rice exporters, experts have suggested.
China is now Vietnam’s largest rice importer and the local rice export sector will continue depending on the neighboring market in the coming years.
Encouraging signs for rice exports after a down-period have boosted the Vietnamese rice market.
Provinces in the Mekong Delta are entering the harvest season of the winter-spring rice crop, but the export of rice might be affected by the Chinese market
Along with the traditional markets that increase rice imports as well as expand new export markets, while the export price of rice is higher than the previous
Việt Nam this year would have opportunities to continue increasing rice exports to Senegal, as well as Africa as a whole, due to high demand from those markets,
A new deal signed by the two governments should ease the pressure on Vietnam's flagging rice shipments that have fallen to multi-year lows.
Vietnam is one of the biggest rice exporters in the world, but it remains highly dependent on the Chinese market.
As a market economy, Vietnam has to open its markets to foreign invested enterprises (FIEs) but the opening may lend a hand to FIEs to control the home market.
Given China’s huge demand for rice, Vietnamese businesses need to meet the quality requirements to promote exports to this market.