Sign up | Log in



Home  >>   Daily News  >>   Vietnam  >>Agriculture  >> Rice exporters are expected to ship 900,000 tonnes of the grain abroad in the first quarter of this year.
NEW UPDATES Asean Affairs    23 January 2015  

Rice exporters are expected to ship 900,000 tonnes of the grain abroad in the first quarter of this year.

Under plans drawn up for 2015 by the Viet Nam Food Association (VFA), rice exports for the whole year will reach seven million tonnes.

Nguyen Hung Linh, VFA chairman, said local exporters have not signed many contracts because local rice prices have been higher than average world prices, reported the Thoi bao Kinh te Viet Nam (Viet Nam Economic Times) newspaper.

But, as the winter-spring crop approaches harvest time, traders are likely to step up purchases because of reasonable prices when supply increases, he said.

However, the association has also said that this year will also see a drop in Viet Nam's rice exports to key markets.

A recent report in the Thoi bao Ngan hang (Banking Times) Newspaper said that rice exports to China would see the steepest fall because of the Chinese Government's policies on controlling trade via border gates.

China's rice import needs for the year is estimated to have risen by 300,000 tonnes, but it has already signed an agreement to import two million tonnes of Thai rice in exchange for a deal to build a railway network from the northeast to ports in the south of Thailand.

Meanwhile, export of Vietnamese rice to African markets will plunge 60 per cent, as it did in 2014, said the VFA.

The main reason for this drop is that African nations are buying considerable amounts of cheap and low-quality rice from Thailand and India, and Vietnamese companies are unable to compete with them. The two countries have large inventories of low-quality rice and they plan to sell several dozen tones of this in 2015.

Regarding other key export markets, the VFA estimates that the Philippines, Malaysia and Indonesia will import from Viet Nam 1.7, 1.1 and 1.3 million tonnes respectively in 2015.

If Viet Nam's rice exporters can take advantage of the regional situation and cut selling prices, they can increase shipments this year by as much as 2.1 million tonnes to the three markets, the VFA said.

In 2014, Viet Nam exported 6.32 million tonnes of rice, earning US$2.8 million, to become the third largest rice exporter in the world, after Thailand and India, according to the association. — VNS

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           January 23, 2015 Subsribe Now !
• Q1 rice exports to reach 900,000 tonnes 2015 Subcribe: Asean Affairs Global Magazine
• Najib arrives in Zurich to attend 45th World Economic Forum
• Myanmar's military says will not unilaterally stage a coup
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Local company eyes deployment of human transporters
• EU's Portugal opens doors to Pinoy investors
Asean Analysis                    January 23, 2015

• Asean Analysis January 23, 2015
Najib’s Political Battles Pose a Challenge to his Foreign Policy Agenda
Advertise Your Brand

Asean Stock Watch    January  22,  2015
• Asean Stock Watch-January 22 , 2015
The Biweekly Update
• The Biweekly Update  January 23, 2015

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand