Vegetables, rice and coffee generated a record export revenue exceeding 14 billion USD last year. With a steady influx of orders, they are poised to earn an estimated 17-17.5 billion USD this year. According to the Ministry of Agriculture and Rural Development, Vietnam can potentially export over 8 million tonnes of rice while still ensuring food security this year. Amid global uncertainties in rice supply, the Vietnamese grain prices are expected to benefit, leading to a boost in export revenue. The overall prosperity in the export of various agricultural products is also anticipated to continue thanks to improving production, processing, and supply.

Source: Viet Nam News January 18, 2024 11:16 UTC