Rice exports fulfills target ahead of schedule

05/11/2007 -- 4:29 PM

Ha Noi (VNA) – The country has so far exported 4.5 million tonnes of rice for 1.5 billion USD, fulfilling the yearly target, according to the Viet Nam Food Association (VFA). The country’s brown rice out put is expected to reach 35.9 million tonnes, the Ministry of Agriculture and Rural Development forecast. The ministry added that 2007 was a favourable year for exports of farm produce, including rice. Export prices for Vietnamese rice have risen to be on a par with those of rice from Thailand . The achievements were attributed to the agricultural sector’s efforts in improving products’ quality in addition to favourable changes in the world market. The VFA forecast that rice exports could reach 4.8 million tonnes in 2008, while the world’s rice price would remain high. Viet Nam has shipped rice to over 70 countries and territories, including the EU, Japan and the US.-Enditem
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