Positive signs for Vietnam’s rice exports
According to the Ministry of Industry and Trade (MoIT), Vietnam’s rice exports are showing positive indications and expected to reach about seven million tonnes in volume and US$4 billion in value this year.
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According to the Ministry of Industry and Trade (MoIT), Vietnam’s rice exports are showing positive indications and expected to reach about seven million tonnes in volume and US$4 billion in value this year.
Favorable conditions are forecast for Vietnam’s 2023 rice exports due to short supply in the US, China and countries in Europe affected by climate change and drought.
Many exporters, including electronics, wood, textiles, and footwear companies, are concerned about a shortage of production materials caused by ongoing supply disruptions.