Vietnam's rice exports grow in both volume and value
(VOVWORLD) - Vietnam's rice exports from January 1 to 15 reached nearly 270,000 tonnes, valued at more than 165 million USD, up 38% in volume and 23% in value, according to the Vietnam Food Association (VFA).
Despite the positive start, the VFA predicts a challenging year for rice exports, citing global competition and India’s return to the export market.
The projected annual export volume for 2025 is 7.5 million tonnes, down from the record 9.04 million tonnes in 2024.
In the domestic market, Mekong Delta farmers are facing slower demand and lower prices for rice.
Erratic weather, including alternating rain and sunshine, has heightened risks of diseases such as leaf blight and pests, particularly Dong Thap and Kien Giang province. The agriculture sector advises farmers to closely monitor their fields and take preventive measures to minimize potential losses.