echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Food News > Food Articles > Vietnam's rice exports usher in a wave of recovery

    Vietnam's rice exports usher in a wave of recovery

    • Last Update: 2021-12-02
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    (People's Daily) In 2021, Vietnam has set a goal of exporting 6.
    5 million tons of rice
    .
    However, the complex and severe situation of the fourth new crown pneumonia epidemic has disrupted the rice supply chain and consumption chain
    .
    Therefore, the last few months of this year are when companies need to accelerate the increase in output and export value
    .
     
    According to statistics from the Ministry of Agriculture and Rural Development, in the first 10 months of 2021, the country’s rice exports reached nearly 5.
    2 million tons, down 3.
    1% year-on-year; exports exceeded US$2.
    7 billion, up 3.
    7% year-on-year
    .
    The Philippines continues to be the top export market for Vietnamese rice, followed by China
    .

     
    Promote delivery at the end of the year
     
    Fan Taiping, general manager of Chung An High-Tech Agriculture Co.
    , Ltd.
    , said that in the last two months of this year, Vietnam’s rice exports are facing opportunities for recovery and breakthrough development.
    The reason is that the domestic new crown pneumonia epidemic is gradually being controlled and business activities are more stable
    .
    On the other hand, after the outbreak of the new crown pneumonia epidemic in the import and export markets caused supply interruptions for a period of time, most markets in the world recovered at the end of the year, and consumer demand was greater
    .
    For Chung An, orders for about 30,000 tons of high-quality rice in the last two months of this year are accelerating delivery to various markets, such as about 4,000 tons in Europe, 22,000 tons in South Korea, and the rest are markets in some Southeast Asian countries
    .
    At present, the price of rice exported to European countries is around US$750/ton, the export price to South Korea is US$576/ton, and the export price to the Southeast Asian market is above US$500/ton
    .
    The rice exported from Zhong'an to various markets has packaging and company logos, and the name of the importer is added to some markets
    .
    This is Zhongan's way to showcase the quality and reputation of rice products in the world market
    .
    Mr.
    Fan Taiping also emphasized that with this recovery momentum, the company's rice exports in 2021 are expected to increase by more than 67% over 2020.
    It can be said that this is a victory due to successful acceleration
    .
     
      For Vietnam's large rice production and export company Tian Lu Group, in the first nine months of 2021, Tian Lu is a leading company in exporting rice to the EU market, accounting for nearly 70% of total rice exports to one of the most demanding markets.

    .
    Ruan Weishun, general manager of Tianlu Group, said that after the fourth wave of new crown pneumonia epidemic has spread in key agricultural areas in the south, this is an opportunity for Tianlu Group to increase its export efforts
    .
    It is determined that the main segment is the high-quality market.
    Therefore, from the winter and spring of 2019-2020 to the present, Tianlu has carried out the sustainable rice planting (SRP) model in Dong Thap and An Giang provinces
    .
    The Global Good Agricultural Practice Organization announced that the model has reached 100% of the standard
    .
    Up to now, Tianlu is the only company in the world that has achieved 100 SRP points for two consecutive years from 2020 to 2021
    .
    This creates a great advantage for the company's rice export activities
    .
     
      Quality is still the most valuable "pass"
     
      According to the analysis of the Vietnam Food Association (VFA), in the last month of this year, the Philippines, China, the European Union and other major markets will see the strongest increase in import demand for rice to serve consumption at the end of the year, the New Year and the Spring Festival in some countries
    .
    With the reopening of production and logistics activities, the breakthrough development of the company will bring hope to the realization of the goal of 6.
    5 million tons of rice exports in 2021
    .

     
      However, in recent times, many markets have added new regulations to the quality and food hygiene and safety requirements of imported agricultural products, including rice
    .
    It is worth noting that the key market-China
    .
    The country's Decree No.
    248 and No.
    249 concerning the registration and regulation of import and export food safety are planned to take effect on January 1, 2022
    .
    The Commercial Counselor of the Embassy of Vietnam in China Nong Delai said that rice is one of Vietnam’s main agricultural exports to China, but it is also a commodity subject to high competition from other countries and Chinese products
    .
    If a company intends to maintain and promote export activities to this market, China's introduction of stricter standards and regulations in terms of product quality, traceability, packaging, etc.
    will definitely be a challenge for the company
    .
     
      At the same time, for the EU market, according to the "Vietnam-EU Free Trade Agreement" (EVFTA), the EU provides Vietnam with an annual export quota of 80,000 tons of rice, but if the rice is of good quality, this number is completely likely to increase because of EU rice import demand It is currently as high as 2.
    3 million tons per year, valued at 1.
    4 billion euros
    .
    The Commercial Counselor of the Embassy of Vietnam in Belgium and the Commercial Counselor of the European Union, Chen Yujun, stated that in addition to meeting the standards and quality stipulated by the European Union, special attention should be paid to packaging for Vietnamese rice exported to the EU.
    The regulations are very detailed, because in fact, Some companies export rice and many other high-quality agricultural products to the EU, but they have not yet met the packaging requirements
    .
    Specifically, the product name includes trade name and scientific name, production method, origin, net weight, EU seller name (name and address of a company, manufacturer, packager or seller registered in the EU); the packaging must have an EU approval number, specify the composition and nutritional value and so on
    .
     
      With the new crown pneumonia epidemic still at risk of a comeback in many countries around the world, it is predicted that the demand for food will increase substantially in the future
    .
    Therefore, the Vietnamese rice industry will have many opportunities to promote export growth
    .
    This is one of the important goals for reducing the pressure on farmers' rice consumption, increasing the price of commercial rice, and helping rice farmers increase their income
    .
    On the other hand, with the trend of promoting exports to high-quality, high-priced markets, it will create a sustainable and effective development pace for the entire rice industry
    .
    (over)
    Supply Chain of Exported Rice Epidemic
     
      According to statistics from the Ministry of Agriculture and Rural Development, in the first 10 months of 2021, the country’s rice exports reached nearly 5.
    2 million tons, down 3.
    1% year-on-year; exports exceeded US$2.
    7 billion, up 3.
    7% year-on-year
    .
    The Philippines continues to be the top export market for Vietnamese rice, followed by China
    .

     
      Promote delivery at the end of the year
    Promote delivery at the end of the year
     
      Fan Taiping, general manager of Chung An High-Tech Agriculture Co.
    , Ltd.
    , said that in the last two months of this year, Vietnam’s rice exports are facing opportunities for recovery and breakthrough development.
    The reason is that the domestic new crown pneumonia epidemic is gradually being controlled and business activities are more stable
    .
    On the other hand, after the outbreak of the new crown pneumonia epidemic in the import and export markets caused supply interruptions for a period of time, most markets in the world recovered at the end of the year, and consumer demand was greater
    .
    For Chung An, orders for about 30,000 tons of high-quality rice in the last two months of this year are accelerating delivery to various markets, such as about 4,000 tons in Europe, 22,000 tons in South Korea, and the rest are markets in some Southeast Asian countries
    .
    At present, the price of rice exported to European countries is around US$750/ton, the export price to South Korea is US$576/ton, and the export price to the Southeast Asian market is above US$500/ton
    .
    The rice exported from Zhong'an to various markets has packaging and company logos, and the name of the importer is added to some markets
    .
    This is Zhongan's way to showcase the quality and reputation of rice products in the world market
    .
    Mr.
    Fan Taiping also emphasized that with this recovery momentum, the company's rice exports in 2021 are expected to increase by more than 67% over 2020.
    It can be said that this is a victory due to successful acceleration
    .
     
      For Vietnam's large rice production and export company Tian Lu Group, in the first nine months of 2021, Tian Lu is a leading company in exporting rice to the EU market, accounting for nearly 70% of total rice exports to one of the most demanding markets.

    .
    Ruan Weishun, general manager of Tianlu Group, said that after the fourth wave of new crown pneumonia epidemic has spread in key agricultural areas in the south, this is an opportunity for Tianlu Group to increase its export efforts
    .
    It is determined that the main segment is the high-quality market.
    Therefore, from the winter and spring of 2019-2020 to the present, Tianlu has carried out the sustainable rice planting (SRP) model in Dong Thap and An Giang provinces
    .
    The Global Good Agricultural Practice Organization announced that the model has reached 100% of the standard
    .
    Up to now, Tianlu is the only company in the world that has achieved 100 SRP points for two consecutive years from 2020 to 2021
    .
    This creates a great advantage for the company's rice export activities
    .
     
      Quality is still the most valuable "pass"
    Quality is still the most valuable "pass"
     
      According to the analysis of the Vietnam Food Association (VFA), in the last month of this year, the Philippines, China, the European Union and other major markets will see the strongest increase in import demand for rice to serve consumption at the end of the year, the New Year and the Spring Festival in some countries
    .
    With the reopening of production and logistics activities, the breakthrough development of the company will bring hope to the realization of the goal of 6.
    5 million tons of rice exports in 2021
    .

     
      However, in recent times, many markets have added new regulations to the quality and food hygiene and safety requirements of imported agricultural products, including rice
    .
    It is worth noting that the key market-China
    .
    The country's Decree No.
    248 and No.
    249 concerning the registration and regulation of import and export food safety are planned to take effect on January 1, 2022
    .
    The Commercial Counselor of the Embassy of Vietnam in China Nong Delai said that rice is one of Vietnam’s main agricultural exports to China, but it is also a commodity subject to high competition from other countries and Chinese products
    .
    If a company intends to maintain and promote export activities to this market, China's introduction of stricter standards and regulations in terms of product quality, traceability, packaging, etc.
    will definitely be a challenge for the company
    .
     
      At the same time, for the EU market, according to the "Vietnam-EU Free Trade Agreement" (EVFTA), the EU provides Vietnam with an annual export quota of 80,000 tons of rice, but if the rice is of good quality, this number is completely likely to increase because of EU rice import demand It is currently as high as 2.
    3 million tons per year, valued at 1.
    4 billion euros
    .
    The Commercial Counselor of the Embassy of Vietnam in Belgium and the Commercial Counselor of the European Union, Chen Yujun, stated that in addition to meeting the standards and quality stipulated by the European Union, special attention should be paid to packaging for Vietnamese rice exported to the EU.
    The regulations are very detailed, because in fact, Some companies export rice and many other high-quality agricultural products to the EU, but they have not yet met the packaging requirements
    .
    Specifically, the product name includes trade name and scientific name, production method, origin, net weight, EU seller name (name and address of a company, manufacturer, packager or seller registered in the EU); the packaging must have an EU approval number, specify the composition and nutritional value and so on
    .
     
      With the new crown pneumonia epidemic still at risk of a comeback in many countries around the world, it is predicted that the demand for food will increase substantially in the future
    .
    Therefore, the Vietnamese rice industry will have many opportunities to promote export growth
    .
    This is one of the important goals for reducing the pressure on farmers' rice consumption, increasing the price of commercial rice, and helping rice farmers increase their income
    .
    On the other hand, with the trend of promoting exports to high-quality, high-priced markets, it will create a sustainable and effective development pace for the entire rice industry
    .
    (over)
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.