Global Agriculture

Vietnam increases rice export market share in UK

23 July 2022, VN: Vietnam trade counselor in UK Mr. Nguyen Canh Cuong said that Vietnam ranks 15th among rice exporting countries to the UK with a market share of only 0.42%.

The room for Vietnamese rice in the UK can also be expanded thanks to the 100,000 people of Vietnamese origin and thanks to the UK-Vietnam Free Trade Agreement (UKVFTA) tariff quota regulation. To turn this potential into reality, rice growers and rice exporters need to thoroughly apply Global GAP on a large scale, and at the same time promote the production of high-quality fragrant rice.

On the side of the Department of Crop Production (MARD) and local authorities with large areas of rice land, it is necessary to implement programs to support farmers in rice varieties, safe agricultural materials, milling and rice storage before exporting. In particular, rice exporters need to understand the tastes and needs of rice consumption in the UK market.

Regarding sustainable rice export solutions, Deputy Minister of Agriculture and Rural Development Phung Duc Tien informed that the rice industry is being promoted to restructure in the direction of promoting value and sustainable development with a focus on solutions and methods to improve the quality and value of Vietnamese rice.

Therefore, in the coming time, the Ministry of Agriculture and Rural Development will coordinate with localities and businesses to focus on building a brand for Vietnam’s rice industry, and at the same time continue to implement mechanisms, policies and solutions to build complete rice value chains.

Along with that, promoting the attraction of financial resources, application of science and technology, towards building a modern and sustainable development of Vietnam’s rice industry with high-quality rice production chains, such as: SRP, GlobalGAP, VietGAP…

In order to achieve the goal of rice export of 6.3 million tons, worth 3.3 billion USD, Deputy Minister of Industry and Trade Tran Quoc Khanh suggested that the Vietnam Food Association and rice exporters need to ensure the purchase of rice for farmers, do not let the rice output clogged after harvest.

Also Read: China: Measures counter food security risks