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UPDATE 1-Vietnam rice exports seen up 6% this year to 6.75 mln tonnes - food association

Published 02/18/2020, 06:35 PM
Updated 02/18/2020, 06:40 PM
© Reuters. UPDATE 1-Vietnam rice exports seen up 6% this year to 6.75 mln tonnes - food association

(Adds details and background)
By Khanh Vu
HANOI, Feb 18 (Reuters) - Vietnam expects to export 6.75
million tonnes of rice this year, up 6% from last year, Vietnam
Food Association Vice Chairman Do Ha Nam said on Tuesday.
"Demand is seen rising this year as Vietnamese rice is more
competitive in terms of prices," Nam told Reuters, adding that
the coronavirus epidemic in China had had no impact on shipments
of Vietnamese rice to China.
Nam said rice exporters from Vietnam have over recent years
sought to expand their markets to reduce their reliance on
China, adding the Philippines was currently the largest market.
"Vietnam is producing more fragrant rice to tap new markets,
such as South Korea and Africa," Nam added.
Traders based in Ho Chi Minh City said a delegation from the
Department of Agriculture of the Philippines will visit rice
production sites in Vietnam in March to work on food safety
issues, paving the way for more shipments.
Rice exports from Vietnam, the world's third-largest shipper
of the grain, rose 4.2% in 2019 from a year earlier to 6.37
million tonnes.

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