Room for ASEAN rice exports to grow: MoIT

ASEAN’s 700-million market has a lot in common with Việt Nam in terms of culture, habits and preferences, according to the Ministry of Industry and Trade (MoIT), and there is still room to grow for Vietnamese exports in ASEAN markets, including Vietnamese rice, a major export of the country.

To answer questions related to rice import and export among ASEAN markets, the ministry’s trade facilitation department held a working session with Vietnamese exporters on Thursday in southern An Giang Province, a major producer of rice in Việt Nam.

According to the ministry, the Philippines was Việt Nam’s largest rice buyer in 2021, with a purchase volume of 2.45 million tonnes and a turnover of US$1.25 billion.

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