According to the Ministry of Agriculture and Rural Development, in the first quarter of 2019, Vietnam's rice export volume was estimated at 1.43 million tonnes, worth US$ 593 million, down 3.5% in volume and 20.2% in value over the same period in 2018.
Illustrative
image.
The average
export price of rice in the first two months of the year only reached US$404
per tonne, down 17.8% compared to the same period in 2018. Difficulties in
exporting rice in the first quarter have dragged down the price of rice in the
Mekong Delta, especially in February, 2019, when entering the harvest of
winter-spring rice.
Part of the reason for the decline in the volume
of exported rice is due to the fact that the first few months of the year
coincide with the Lunar New Year, plus domestic enterprises have not promoted
delivery and traders who buy rice have not begun to trade yet. On the market
side, in the early months of 2019, some countries still have surplus rice from
2018, so they have no demand for import which in turn makes the market less
active.
In addition, China, one of Vietnam's major rice
import markets for many years, has now reduced their rice purchases, which has
had a relatively large impact. At the same time, measures to closely control
food safety and hygiene for imported rice have been strengthened and there are
more stringent regulations on the supervision and management of imported goods.
Until now, only 21 Vietnamese enterprises are allowed to export rice to the
Chinese market. The reduction of export indications has led to a sharp decline
in rice export volume.
For other traditional markets such as the
Philippines and Indonesia, Vietnam is also facing difficulties in boosting rice
exports to these markets. Specifically, the Philippines is seeking to expand
its rice supply by signing more memorandums of cooperation with Pakistan and
Myanmar. Meanwhile, Indonesia has also restricted imports because the country's
reserved rice is still sufficient until the end of the second quarter of 2019.
Facing the above situation, it is necessary to
strengthen solutions to maintain traditional markets and penetrate new markets.
Specially, it is necessary to pay attention to exporting high quality rice and
specialty rice instead of white rice as before.
In addition, localities need to accelerate the
effective implementation of the restructuring scheme of the rice industry,
because the competition for rice quality is becoming a real "war"
when the rice of some other countries in the region are constantly increasing
competition for Vietnamese rice in terms of quality, value and ways of
promoting their image. Therefore, in addition to improving quality,
strengthening the promotion of rice trade in markets, and the promotion and
image building for Vietnamese rice also are very important, therefore businesses
and authorities should pay greater attention to these requirements. After
building an image of high quality rice seeds with competitive prices, the
export to fastidious markets will certainly become more open, creating new
markets to stabilise the volume and turnover value.
Source: NDO
The provincial Department of Agriculture and Rural Development on November 20 coordinated with Hai Dang Group Hoa Binh Seafood Company Limited to release 1.5 tonnes of fries into Hoa Binh Lake to regenerate aquatic resources, with a total value of 266 million VND (10,460 USD).
On the afternoon of November 16, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, held a reception for a delegation from the Indian Embassy led by Ambassador Sandeep Arya. The delegation included the chairperson of the Indian Chamber of Commerce in Vietnam, embassy personnel, and Indian businesses operating in Vietnam. Accompanying Long at the meeting were leaders of the provincial People's Committee and representatives from various departments and sectors.
Hoa Binh province hosted the "Meet India 2024" conference on November 16, marking a significant step in strengthening bilateral economic ties between Vietnam and India.
In recent times, with its core role in building and fostering great national unity, Cao Phong district's Vietnam Fatherland Front Committee has actively carried out its responsibilities and front work, and closely collaborated with member organisations to encourage locals to implement the Party’s guidelines, and the State’s policies and laws. At the same time, it has worked to promote the dynamism, creativity, and contributions of officials, Party members, and local people to help the district develop further.
From a type of bulb used as a seasoning for daily meals, thanks to the efforts of local authorities and farmers, shallots have become a commercial crop in Yen Thuy district, contributing to promoting the transformation of crop structure in agricultural production, bringing higher incomes to locals.
