Google

ASEANAFFAIRS
Sign up | Log in

    ASEAN PROFILES

  ASEAN KEY DESTINATIONS

Home  >>   Daily News  >>   Vietnam News  >>   Agriculture  >>   Vietnam looking for buyers for 7.3m tonnes of export rice
NEWS UPDATES Asean Affairs   26 March 2012

Vietnam looking for buyers for 7.3m tonnes of export rice

March 26, 2012

Viet Nam has sufficient supplies to export 7.3 million tonnes of rice in 2012, officials said at a meeting held in the Cuu Long (Mekong) Delta province of Dong Thap on Friday.

The meeting aimed to review results of the 2011-12 winter-spring crop.

However, to promote the export potential, the Viet Nam Food Association (VFA) should help its members find buyers for the rice, said Bui Ba Bong, Deputy Minister for Agriculture and Rural Development.

Bong asked VFA to launch a campaign to build brand names for Vietnamese rice, especially those for Vietnamese fragrant rice and high-quality rice, including the "Viet Nam Jasmine Rice".

He said a strong brand name can help Viet Nam boost its export of fragrant rice from the current 500,000 tonnes to 1 million tonnes annually.
It can also help to promote the export of "super high-quality" rice from Viet Nam, said Bong.

He also asked provincial departments of Agriculture and Rural Development to carry out plans to reduce the area dedicated to cultivating the low-quality IR 50404 variety.

A slump in rice exports, especially of less than 6.5 million tonnes per year, would affect farmers' living standards, he added.
With 3.5 million tonnes of rice produced from the last winter – spring crop, plus 1.1 million tonnes of rice in reserves from last year, Viet Nam now has 4.6 million tonnes of rice for export, said VFA Chairman Truong Thanh Phong.

Phong said Viet Nam's rice exports was estimated at 1 to 1.1 million tonnes in the first quarter and from 1.5 million tonnes to 2 million tonnes in the second quarter of the year.

Rice prices were expected to rise in the near future, with sharp increases in the prices of fragrant and high-quality rice and lower increments in the prices of low-quality IR 50404 would be a little bit higher, Phong added.

According to the Ministry of Agriculture and Rural Development's Cultivation Department, the Cuu Long (Mekong) Delta had 1,578 ha under rice cultivation with an average yield of 6.72 tonnes per hectare for the 2011-12 winter-spring crop.
The South-eastern region has over 120,000 ha under rice cultivation, with an average yield of 5.58 tonnes per ha.
In the last winter-spring crop, the Cuu Long (Mekong) Delta produced 11.27 million tonnes of paddy compared with 11.16 million tonnes in the 2010 – 11 winter-spring crop.

The large-scale rice cultivation model and application of VietGAP (Vietnamese Goods Agriculture Practices) standards have attracted more and more farmers and organisations, the meeting heard.

The department reported that rice varieties have been improved, helping improve the yield and quality of rice produced in the region.

Flooding in the upper sections of the Cuu Long (Mekong) Delta is one of the difficulties facing the coming winter-spring crop. In these areas, farmers have had to pump water out of some 400,000 ha before sowing.

Meanwhile, some areas in the provinces in the lower section, where sowing was done a little bit earlier, have suffered from salt water intrusion and drought conditions.

The department also reported a shortage of rice seeds for the last winter-spring crop due to insufficient supply from the previous Autumn-Winter crop.


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
Contact: marketing@aseanaffairs.com

Comment on this Article. Send them to  your.views@aseanaffairs.com

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
 
or
submit your comment in the box below
Name

Name


Email

Email



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



 
Today's  Stories    26  March  2012 Subsribe Now !
• Asean nations to up tobacco control measures Subcribe: Asean Affairs Global Magazine
• Half of Thailand facing drought Asean Affairs Premium

• S Korea ready to help Thailand in water 

Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Indo-China trade to reach $80 billion in 2015   

• Malaysian Halal event expects over 400  

• Vietnam looking for buyers for 7.3m

• Cyber crime on the rise in Vietnam

• Food imports into Cambodia soar  
 

Asean Analysis           12 March  2012

Advertise Your Brand
• Asean Analysis-Asean March 12 Sponsor Our Events

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

ASEAN  ANALYSIS

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

 

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

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand
asean@aseanaffairs.com