Since 2018, Việt Nam’s rice exports to China have dropped to 1.3 million tonnes, down from a record high of three million tonnes. “We need to be regularly updated with market information to have measures to boost rice exports to China,” Nam said. He said he hoped that more firms would be licensed to export rice to China in the near future, adding that many firms could now meet China’s requirements. At the moment, only 22 Vietnamese firms are licensed to sell rice in China. The average rice export price dropped by $72.7 per tonne to $430.1.
Source: Viet Nam News May 07, 2019 06:45 UTC