News

Thai rice worries VN exporters

Thailand’s plan to sell all its rice reserves of about eight million tonnes this year has sparked concerns that this move will undermine Việt Nam’s rice exports. Nguyễn Văn Đôn, director of Tiền Giang-based Việt Hưng Co Ltd, said rice exports were positive last month, ...

Ministry lists top ten commercial rice varieties

The Department of Trade Promotion under the Ministry of Industry and Commerce has listed the top ten Lao rice varieties for domestic sale and export. Laos has about 12,000 rice varieties but many of them still need improvement for commercialisation, department Director General Mr Somvang ...

Gov’t eyes million-tonne rice quota deal with Indonesia

Cambodia is close to signing an ambitious agreement with the Indonesian government that would pave the way for the Kingdom’s rice producers to export 1 million tonnes of rice under a new quota scheme, a state official said on October 24. Soeng Sophary, spokesperson for the ...

Rice harvest prompts wary sales

The government will pause its efforts to dispose of state rice stocks to curb any adverse impact on domestic rice prices as the latest harvest enters the market. According to Duangporn Rodphaya, director-general of the Foreign Trade Department, with the annual rice harvest season beginning ...

Judges and rice: Cambodia's expanding reliance on China

Cambodia is rapidly expanding its diplomatic affair with China. Early last week it appealed to Beijing for help amid plunging rice pricesand then three days later Phnom Penh signed an MoU seeking Chinese assistance in overhauling its much maligned judiciary. The memorandum of understanding allows China ...

Paddy farmers risk losses as prices fall

Paddy prices in the capital are falling on weak demand and the drop risks damaging the market, farmers and traders said. The market price for 100 baskets of stored manaw thukha paddy in Nay Pyi Taw was almost K850,000 in September, but has since fallen to ...

Vietnam's rice exports to decline sharply this year

Viet Nam hopes to export 1.6 million tonnes rice in the four remaining months of the year, raising exports for the year to 4.9 million tonnes, said the Viet Nam Food Association. According to a report the VFA tabled at a meeting held in southern An ...

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