January 08, 2021 | 16:19 (GMT+7)
Vietnam imports Indian broken rice
According to the Ministry of Agriculture and Rural Development, Vietnamese animal feed producers have increased their import of this type of rice because it is difficult to buy in the Vietnamese market now.
Don affirmed the import of broken rice from India does not affect Vietnam's rice export in the time to come because Vietnam has narrowed the area of low- and medium-quality rice, while areas for fragrant and high-quality rice were expanded.
According to Binh, Vietnam’s rice export in 2021 is forecast to continue to rise because Vietnamese rice is now well positioned to compete in large markets.
The General Statistics Office reported that Vietnam’s 5-percent broken white rice was trade at 500 USD per tonne last year - the highest price since the end of 2011 to date.
Vietnam earned over 3 billion USD from exporting rice in 2020, a year-on-year increase of more than 10 percent.
Vice Chairman of the Vietnam Food Association Do Ha Nam attributed the positive result to increasing demand in many countries and the improved competitiveness of Vietnamese rice around.
Source: VNA