Vietnam warned it may yield to Myanmar in exporting riceProfessor Vo Tong Xuan (second right) in NigeriaVietnam has been advised to focus on high-quality rice varieties and position Vietnam as the exporter of high-quality rice. Myanmar does not strive to export rice in large quantities, but aims to make high-quality products.Sources said that Myanmar has been trying to expand rice export markets, especially the EU. VietNamNet Bridge - Myanmar has jumped into large markets, getting ready to become the No 1 in the world in rice exports, according to Vo Tong Xuan, the leading rice expert.According to Xuan, Myanmar has great advantages in growing rice. However, with the emergence of Myanmar, the market share held by Vietnam, Pakistan and Thailand in the market has fallen.Vietnam has been advised to focus on high-quality rice varieties and position Vietnam as the exporter of high-quality rice.However, Vietnam’s rice export strategy remains unchanged. Meanwhile, the labor cost and the other input costs are lower, which allows products at competitive prices.The big difference between Vietnam and Myanmar is that while Vietnamese farmers focus on growing high-yield rice varieties, Myanmar gathers strength on high-quality products despite the low yield.Vietnamese farmers don’t want to grow high-quality but low-yield rice varieties like Thai, Myanmar and Cambodian farmers.

Source: VietNamNet News July 22, 2016 00:56 UTC