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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

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  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
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28.9 C
Ho Chi Minh City
Wednesday, July 16, 2025

Over 200 traders licensed to export rice

Must read

HCMC – The Ministry of Industry and Trade’s Import and Export Department has released a list of 205 local traders nationwide who were certified as eligible to export rice as of January 18, reported Bnews news site.

According to the list, the Mekong Delta city of Can Tho recorded the highest number of licensed rice exporters at 43. HCMC ranked second with 38 eligible rice exporters, followed by the provinces of Long An, An Giang, Dong Thap, Tien Giang and Hanoi City at 25, 20, 18, 8 and 8, respectively.

Besides, some other localities saw only one licensed rice exporter, such as Dak Nong, Tra Vinh, Tay Ninh, Binh Dinh, Binh Duong and Ha Tinh.

Data from the ministry showed that the country’s rice exports last year faced a number of difficulties mainly caused by the Covid-19 pandemic. Therefore, the Government and the ministry had adopted multiple measures to concurrently fight the deadly disease, ensure national food security and remove obstacles facing rice export activities, aimed at helping local farmers consume rice at the most reasonable volumes and prices.

As a result, national food security was ensured last year, even when the coronavirus outbreak hit the country and foreign countries significantly increased purchases of Vietnamese rice.

The country in 2020 exported 6.15 million tons of rice worth some US$3.07 billion, dipping around 3.5% in volume due to food security purposes but up 9.3% in value against the 2019 figures. Also, the export price of Vietnamese rice reached US$499 per ton, rising 13.3% compared to that of 2019. This is the highest price of rice for export in recent years, which has brought about benefits to local rice farmers.

The country is switching to exporting more fragrant and high-quality rice at a higher price and added value. Furthermore, local rice farmers and traders have paid much attention to improving the quality of rice, origin traceability as well as adopted measures to meet the requirements of demanding markets such as the European Union, South Korea and the United States.

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