Hanoi, April 1 -- Vietnam is seeking solutions to expand rice export markets as global and domestic supply rises and export prices show a downward trend, putting pressure on domestic rice prices and farmers' incomes.
The Mekong Delta, the country's main rice-growing region, is currently entering the peak harvest period for the winter-spring crop. In this context, authorities and businesses are urged to accelerate rice procurement to stabilise prices, ensure profits for farmers, and promote sustainable rice exports.
From the beginning of the year to mid-March, Vietnam exported approximately 1.74 million tonnes of rice worth 826.2 million USD, with an average export price of 477.6 USD per tonne, down 10.7% year-on-year.
The decline refle...
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