Update: 18:17 |
Vietnam exported 4.2 million tons of rice in the first seven months, 20 percent up year-on-year, according to the Ministry of Agriculture and Rural Development.
But earnings were only 9 percent higher at US$2 billion since global rice prices have fallen by over 10 percent to $489 a ton.
Farmers harvest rice in Vietnam's southern province of Soc Trang.
Exports to the U.S. grew fastest at 65.3 percent, followed by the Philippines, Vietnam's top market, at 48.6 percent.
Domestic prices also fell as adverse weather affected rice quality and demand was low compared to previous months.
Exporters have slowed down purchases from farmers and await the peak harvest season.
Bac Giang farm produce displayed at SEOUL FOOD 2022
(BGO) - Vifoco Import
Export Joint Stock Company (Vifoco) in Bac Giang city (Bac Giang province) has
introduced some typical products at the International Food Industry Exhibition
Seoul Food 2022 in the Republic of Korea, Nguyen Quoc Viet, CEO and Director of
Tan Yen connects cooperatives, creates momentum for farm produce consumption
(BGO) - Tan Yen
district (Bac Giang province) has many signature farm produce. Tapping this
potential and advantage, many production and consumption cooperatives have been
established as the bridge between enterprises and farmers to create momentum
for consumption and raise the value of local agricultural products.
Safe farm produce create “passport” to global market
(BGO) – Bac Giang has big potentials to
produce and process food farm produce few of which have been exported. The
actual situation urges suitable solution to bring local agriculture products to