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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.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
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Ho Chi Minh City
Sunday, June 1, 2025

Vietnam’s Q1 rice exports grow 42% y-o-y

The Saigon Times

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HCMC – Vietnam’s rice exports amounted to 2.1 million tons in the first quarter of this year, generating US$1.4 billion in revenue, a 42% increase over the same period last year.

According to the Ministry of Agriculture and Rural Development, the surge in demand from Vietnam’s major rice buyers, including the Philippines, Indonesia, China, Ghana, Malaysia, and Singapore, has contributed to the impressive growth in rice exports.

Noting that these countries are looking to diversify their rice supply, reducing their heavy reliance on Vietnamese rice, the ministry is urging local rice exporters to explore new markets and improve the quality of Vietnamese rice to enhance competitiveness.

Currently, Vietnam’s 5% broken rice is priced at US$576 per ton, a 12% decrease from the beginning of the year.

As one of the world’s top three rice exporters, Vietnam aims to achieve US$5 billion in revenue from rice exports this year.

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