Vietnam has chance to promote rice exports to UK

Vietnam's jasmine fragrant rice and other speciality rice kinds for sale at a supermarket in the UK. — VNA/VNS

HANOI (Vietnam News/Asia News Network): Vietnam now has a great opportunity to expand its rice market share in the UK after India, the biggest supplier of the grain to this market, banned exports, said Trade Counsellor Nguyen Canh Cuong at the Vietnam Trade Office in the UK.

The UK, home to a community of over 5.5 million Asian-origin people, has high rice demand while it doesn’t produce rice. In 2022, its rice import volume increased 4.1 per cent year on year to over 678,000 tonnes while the value rose 7 per cent to more than US$603 million.