HANOI, July 26 (Xinhua) -- Rice exports could bring in a record turnover of 5 billion U.S. dollars to Vietnam this year if the pace of shipment is maintained like at present, Vietnam News Agency reported Friday, citing Vu Tuan Anh, CEO of GLE company, a rice exporter.
According to the Vietnam Customs, since the beginning of the year to mid-July, Vietnam shipped more than 4.8 million tons of rice, bringing home nearly 3.1 billion dollars.
The average rice export price increased 12 percent compared to the same period last year, reaching 612.3 dollars per tons.
Nguyen Ngoc Nam, chairman of the Vietnam Food Association, affirmed that demand for rice in the world is still enormous with traditional markets such as China, the Philippines, Indonesia being major importers of Vietnamese rice.
The Ministry of Agriculture and Rural Development said Vietnam's unhusked rice output was expected to reach more than 43 million tons in 2024, which is enough to ensure domestic consumption and export demand of more than 8 million tons of husked rice. ■
