Big opportunities for rice exports in 2024
Hanoi (VNA), March 4 -- Positive prospects are forecast for Vietnam's rice export in 2024, with bright signs in both market and price.
Last year, Vietnam continued to be one of the top three rice exporters in the world, accounting for about 15% of total global rice export s.
Specifically, the country shipped 8.1 million tonnes of rice abroad, earning 4.6 billion USD, up 14.4% in volume and 35.3% in value year-on-year
Nguyen Thi Huong, General Director of the General Statistics Office under the Ministry of Planning and Investment, cited the US Department of Agriculture's forecast data as saying that global rice production in the 2023-2024 crop year will reach nearly 518 million tonnes, while total consumption will be 525 million tonnes....
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