"3 decrease, 3 increase" is a pest management program based on the relationship of crop nutrition and pest damage. "3 decrease, 3 increase" includes: Reduce the amount of seeds sown, reduce the amount of pesticides, diseases, reduce the amount of nitrogen fertilizers; increase rice yield, increase rice quality, increase economic efficiency. The free-on-board price of Thai white rice 5% is now quoted at US$439 per tonne, while Vietnam's white rice stands at $428-432 per tonne. "We expect Vietnam can ship a maximum of 7 million tonnes because the country needs enough to feed its population of 100 million, while Thailand has enough rice for exports of 8-9 million tonnes a year," he said. The rice value chain. Rice is and will remain the dominant crop in South-East Asia, which represents the world's greatest grain-producing area. Rice exports from Thailand, Vietnam, Laos, Cambodia and Myanmar total more than 20 million tonnes, or two-thirds of the world market share, according to the International Grain Council. It is more than The balance of food sustainability and national security of Southeast Asia hangs on a tiny white grain. Rice is the daily staple of 3.5 billion people globally, providing about one-fifth of their calorie needs. It is the main food crop in Asia, which includes the world's two largest producers, China and India, and the three largest exporters Vietnam was one of only a few countries to post GDP growth in 2020 when the pandemic hit. GDP growth slowed down to 2.58 percent in 2021 due to the emergence of the Delta variant but is expected to rebound to 5.5 percent in 2022. Health outcomes have improved along with rising living standards. In August 2021, the export turnover of key products such as shrimp, pangasius, tuna, squid, octopus, crabs and other marine fish all decreased by 35-40% over the same period in 2020. Thanks to high export results in the past 7 months, accumulated in the first 8 months of the year, seafood exports still increased by about 6%, reaching $5.5 billion. IN60cwX. Vietnam’s budget revenues from export-import were over trillion VND $ billion in the first five months this year, making up 36 per cent of the estimate in the budget and down by 18 per cent year on year YoY, according to the general department of Vietnam customs GDVC.The country's total export-import value during the period was estimated at $ billion, down by per cent YoY. Out of that, export turnover was worth $ billion, while imports were worth $ billion—down by per cent and per cent May, the customs department collected more than 30 trillion VND, marking a month-on-month decrease of per fall was attributed to the drop in the taxable import value of certain items, such as completely built-up automobile, iron and steel, mobile phones and country witnessed a higher number of temporary and permanent business withdrawals from the market than the number of enterprises joining or re-entering the market for the first time, a news agency reported. Fibre2Fashion News Desk DS Please note the data in two alerts on Vietnam's November rice exports issued on Tuesday was already included in a story on Monday attached Nov 29 Reuters - Vietnam's coffee exports in the first 11 months of this year are expected to show a drop from a year earlier to million tonnes, while rice exports will likely post a increase, government data released on Monday exports are estimated to have fallen in the first 11 months of this year from a year earlier to million tonnes, equal to million 60-kg bags, the General Statistics Office said in a report on export revenue for Vietnam, the world's biggest producer of the robusta bean, will likely show a increase to $ billion in the 11-month period, the report country's coffee shipments in November are estimated at 78,000 tonnes valued at $181 million, it exports in the first 11 months of this year from Vietnam were forecast to have risen from a year earlier to million from rice exports in the period was expected to rise to $ rice exports from Vietnam, one of the world's largest shippers of the grain, totalled 563,000 tonnes, worth $297 Jan-Nov crude oil exports were seen falling from the same period last year to an estimated million oil export revenue in January to November is expected to rise to $ product imports in the first 11 months of the year were estimated at around nine million tonnes, down from the same period last year, and the value of product imports were expected to rise to $ Standards The Thomson Reuters Trust Principles. The latest forecast has recently been released as part of the USDA’s May 2021 Report about the Global Rice Outlook for 2022. The report details that the global rice output in the 2021 - 2022 crop will hit a record high of million tonnes of milled rice, an increase of million tonnes compared to the 2020 - 2021 crop. Most notably, Bangladesh, Malaysia, Cambodia, China, the Ivory Coast, the Republic of Korea, Paraguay, Taiwan China, and Thailand will all witness rises in their respective rice output. In contrast, Colombia, Ecuador, India, Iraq, Madagascar, the Philippines, Sri Lanka, the US, and Vietnam are all projected to record a lower output. After two consecutive years of maintaining its position as the world’s second largest rice exporter, Vietnam will rank third in terms of global rice exports next year, behind India and Thailand. In line with the rice industry restructuring scheme until 2025, Vietnam is aiming to export approximately five million tonnes annually. This decrease is attributed to the local rice industry’s shifting from quantity to quality, with a specific focus on improving the value and brand of Vietnamese rice among in international market. Rice exporters have gradually begun to shift their proportion of white rice varieties to high-quality fragrant rice, while simultaneously focusing on high-end markets such as the EU, the US, and Japan. Nguyen Van Thanh, director of Phuoc Thanh IV Trading and Production Co., Ltd, says his firm has recently turned to exporting fragrant and high-quality rice, adding that along with traditional Asian markets, the company has is seeking to reap benefits from the EU-Vietnam Free Trade Agreement - EU EVFTA. Similarly, Pham Thai Binh, general director of Trung An High-Tech Agriculture Joint Stock Company, reveals that since the beginning of the year, the firm has continuously won bids to ship rice to Asian countries and the EU. Binh added that Trung An rice is now being traded at the relatively high level of over US$ per tonne. Source VOV Firms to get help to expand rice export markets The Ministry of Agriculture and Rural Development reported the volume of rice exported reached 450,000 tonnes with a value of US$246 million last month. It needs objective remarks for rice export decline There are different remarks over the good harvest and export prices of rice in the Mekong Delta but the strong decline in rice export volume. Adds market details, commentHANOI, May 27 Reuters - Vietnam aims to cut its rice exports to 4 million tonnes a year by 2030, the government said in a document detailing its rice export strategy, down from million tonnes last is the world’s third-largest rice exporter, after India and move is aimed at “boosting the exports of high-quality rice, ensuring domestic food security, protecting the environment and adapting to climate change,” according to the government document, dated May 26 and reviewed by export revenue will fall to $ billion a year by 2030, down from $ billion in 2022, the document said.“Although Vietnam’s rice farming area is shrinking due to climate change and some farmers are switching to growing other crops and raising shrimp, the strategy appears to be too aggressive,” a rice trader based in Ho Chi Minh City said on trader said some rice farmers in the Mekong Delta are turning parts of their fields to fruit farms, growing mangoes, grapefruit, jackfruit and durian, but the vast majority remain dependant on trend toward cultivating shrimp has been taking place in the area for years as rising seawater triggered by climate change brings significantly increased salinisation in the Mekong Delta will diversify its rice export markets to reduce its reliance on any country, the government document said. The Philippines has long been Vietnam’s biggest rice buyer, accounting for 45% of its shipments last Prime Minister Pham Minh Chinh told Philippines President Ferdinand Marcos Jr at a regional meeting in Indonesia this month that Vietnam was willing to supply rice to the Philippines for the long term at reasonable 2025, 60% of Vietnamese rice exports will be shipped to Asian markets, 22% to Africa, 7% to American markets, 4% to the Middle East and 3% to Europe, the document said. By 2030, Asian markets will account for 55% and Europe 5%.“Vietnam will seek to boost rice shipments to markets that have high demand for quality grains and markets that Vietnam has signed free trade agreements with,” the document document said Vietnam will also seek to cut residues of plant protection products including pesticides in its Vietnam Food Association, which represents rice processors and exporters, did not immediately respond to requests for government said Vietnam will focus on the production of high-quality, fragrant and glutinous rice, while reducing the production of low-quality grains to 15% of total output by 2025 and to 10% by 2030.“I doubt the strategy will materialise, as rice production depends on supply and demand, not on a government decision,” another rice trader in the Mekong Delta province of An Giang exports from Vietnam in the first four months of this year rose from a year earlier to million tonnes, according to government customs by Khanh Vu; Editing by Tom Hogue, Kim Coghill and Gerry Doylefor-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

vietnam's rice export this year will decrease