11 August 2023, Vietnam: Previously, the Mekong Delta only produced two main rice crops: winter-spring and summer-autumn. Since 2000, the dike system has been built, and the area of autumn-winter rice has been expanded, helping to increase rice production and export rice output
Specifically, in 2012, rice exports made a substantial breakthrough with a record number of 7.72 million tons of rice, but since then, rice exports have declined in both volume and turnover for many years.
According to a report from the agricultural sector, in 2023, Vietnam’s rice output may reach over 43 million tons, and the amount of rice exported may get a new record: 8 million tons. The Prime Minister has also just issued a directive to promote rice production and export with the following objectives: Take advantage of export opportunities, expand markets, and encourage Vietnamese rice brands to the world.
Le Van Hao, a farmer in Kenh 6 field in Phu Thanh B commune, Tam Nong district (Dong Thap), has just harvested 1.5ha of summer-autumn rice on a total area of 3.6ha. He said excitedly: “My family just cut rice a few days ago. This crop is due to favorable weather. Pests and diseases cause little damage, so the yield is more than 6.5 tons/ha, with the selling price of VND 6,700/kg (VND1,000/kg higher than the same period last year), after deducting costs, the profit is more than VND 20 million/ha.
In Vinh Hung district, farmers are also busy harvesting summer-autumn rice in 2023. According to the Department of Agriculture and Rural Development statistics, the district has harvested 6,000ha of summer-autumn rice. The weather is favorable, and the price of agricultural materials has decreased, so farmers are excited to enter the new crop. The number of harvested rice areas yields 6.2-7.3 tons/ha. The selling price of rice ranges from VND 6,400 to 7,300/kg, depending on the variety
According to Le Quoc Bon, Deputy Head of the Department of Agriculture and Rural Development of Vinh Hung district, the remaining area of summer-autumn rice in 2023 is in the flowering and ripening stage, and farmers are actively caring for it. The district’s agricultural sector recommends that farmers regularly visit fields to detect pests and diseases promptly and take preventive measures to ensure productivity. Besides, before the complicated changes in the weather situation, especially the effects of storms and tropical depressions, farmers need to focus on quickly harvesting the ripe rice area, avoiding the rice problem. Falling due to rain will cause losses and increase the cost of harvesting.
Vietnam’s rice exports are very favorable, with the export volume in the first seven months of the year reaching over 4.8 million tons, worth US$ 2.58 billion, up 18.7% in volume but up to 30% in value. The structure and types of rice for export are on the right track, with the structure of fragrant rice and high-quality rice increasing sharply.
Besides the traditional markets such as the Philippines, China, Indonesia, Malaysia, and Ivory Coast… some other markets have also experienced outstanding growth, such as the EU
However, from mid-July until now, the export market significantly changed when the world’s largest rice exporter, India, issued a regulation to stop exporting Non-Basmati rice. Next, the UAE and Russia also issued a ban on rice exports. Along with that, many countries feared extreme weather events. El Nino has increased food reserves, increasing the gap between supply and demand for rice products, leading to higher export prices.
Bui Thi Thanh Tam, Chairwoman of the Members’ Council – Northern Food Corporation (Vinafood 1), suggested that management agencies strictly control the volume of rice enterprises have signed to export from now to the end of the year to balance the supply
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