HANOI: Vietnam's rice exports in 2024 are expected to exceed the record set in 2023, local media reported on Tuesday (Nov 5), citing positive export figures in the first ten months of this year.
The country sold 800,000 tonnes of rice overseas for US$505 million in October.
It brought Vietnam's total export volume and value in the first 10 months to nearly 7.8 million tonnes and 4.86 billion dollars, up 10.2 per cent and 23.4 per cent year-on-year, respectively, according to the Ministry of Agriculture and Rural Development.
Deputy Minister of Agriculture and Rural Development Phung Duc Tien said Vietnam had exported 8.13 million tonnes of rice in 2023. Based on the export progress of the past 10 months and domestic production capacity, rice exports are forecast to exceed 8 million tonnes in 2024. - Xinhua
