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Vietnam plans stable rice sales, higher price (22/01)
06/08/2010 - 29 Lượt xem
About 70 percent would go to Asian buyers such as Indonesia, the Philippines and Malaysia, while Bangladesh would emerge as a new customer, Vietnam Food Association Chairman Truong Thanh Phong told Reuters.
“We are no longer able to export 5 million tons a year as the total area has decreased now,” Phong said in an interview.
“In the past we were able to ship that much also from the stocks carried over from the previous years,” he said.
Rice shipments from Vietnam, the world’s second largest exporter after Thailand, peaked at 5.2 million tons in 2005 and have since been easing as farmers shifted part of their fields in the Mekong delta food basket to raising shrimp.
Last year, Vietnam’s total rice area fell 1.7 percent to 7.2 million hectares (17.8 million acres), with a larger drop of 2.3 percent in the southern region, government figures show.
Shrimps and fish are the fourth-largest export item after crude oil, textiles and footwear, while rice ranks eighth.
Source: Reuters.
