Vietnam's rice exports are forecast to reach 7.5 million tonnes this year, down from a record 9.04 million tonnes last year, said Nguyen Ngoc Nam, chairman of the Vietnam Food Association (VFA). Asian rice prices are also falling sharply. The Minister of Public Security has just issued Circular 06/2025/TT-BCA abolishing a number of legal documents issued by the Minister of Public Security. On the occasion of the traditional Lunar New Year - Spring of At Ty 2025, this morning (January 23), a delegation of leaders and former leaders of the Party, State and the Central Committee of the Vietnam Fatherland Front came to lay wreaths, visit President Ho Chi Minh's Mausoleum and offer incense to commemorate the heroic martyrs. Only a few days left until the traditional Lunar New Year of At Ty 2025. Hundreds of workers from other provinces with difficult circumstances working in industrial parks in Bac Giang province will be organized by the Provincial Labor Federation in coordination with the Trade Unions of industrial parks to take workers home for Tet. The "Spring tickets" help many workers return to reunite with their families after a long time living and working away from home. Only a few days left until the Lunar New Year of At Ty 2025, this is an opportunity for everyone to reunite, travel and participate in collective activities. However, the Tet season is also the time when respiratory diseases, especially influenza, are at risk of outbreaks. The Minister of Public Security has just issued Circular 06/2025/TT-BCA abolishing a number of legal documents issued by the Minister of Public Security. In 2024, the Dong Nai Provincial Branch of the Vietnam Bank for Social Policies (VBSP) closely followed the direction of the Central Government and the province, promptly and fully implemented the directions of superiors, successfully completed the assigned plan targets and tasks, ensuring the safety and efficiency of policy credit capital. Thereby actively contributing to the solutions of all levels and sectors to effectively implement national target programs (NTPs) on sustainable poverty reduction, new rural construction, ensuring social security and socio-economic development in the province. A new and attractive direction in Ky Son (Nghe An) is winter tourism. Ky Son is no longer a cold and foggy land, with obstacles and distance... but is also an attractive land with clear, cool scenery, with charming floating clouds; the pink color of peaches, the white color of plums, the yellow color of wild sunflowers... and unique cuisine. General news of the Ethnic and Development Newspaper. The morning news on January 22, 2025, has the following notable information: "Green Chung Cake - Tet for the poor" in 2025. Wings of garden care. Firmly at the border of the Fatherland. Recently, in some localities across the country, there have been violations of the high-voltage grid safety corridor, causing electrical accidents among the people. In many cases, the cause was due to households erecting poles that violated the safety distance from high-voltage lines, causing electric discharge. These electrical accidents can cause death. In the face of this situation, Kon Tum Electricity Company has increased propaganda and guidance work so that people comply with regulations on electrical safety.1. On the occasion of attending the 55th Annual Meeting of the World Economic Forum (WEF) in Davos, on January 21, 2025, Prime Minister of the Socialist Republic of Vietnam Pham Minh Chinh had talks with President of the Swiss Confederation Karin Keller-Sutter. On the afternoon of January 22 (local time), within the framework of the World Economic Forum (WEF) Davos 2025 (Switzerland), Prime Minister Pham Minh Chinh attended and spoke at the Discussion Session "ASEAN: Connecting to Reach Out" chaired by WEF President Borge Brende. On the afternoon of January 22, on the occasion of the traditional Lunar New Year 2025 and towards the Anniversary of the Founding of the Communist Party of Vietnam (February 3, 1930 - February 3, 2025), General Secretary To Lam visited and burned incense to commemorate the late General Secretary Nguyen Phu Trong at his private residence. On January 22, in the exciting atmosphere of the entire Party, the entire army, and the entire people competing to achieve achievements to celebrate the 95th anniversary of the founding of the Communist Party of Vietnam (February 3, 1930 - February 3, 2025), preparing to welcome the Lunar New Year of At Ty 2025, at the Headquarters of the Border Guard Command, General Secretary To Lam, Secretary of the Central Military Commission visited, worked with, and wished a happy New Year to officers and soldiers of the Border Guard.
Rice exports in 2024 will continue to set records, helping Vietnam maintain its position in the top 3 largest rice exporting countries in the world. According to the Ministry of Agriculture and Rural Development, in 2024, Vietnam exported 9.18 million tons of rice, earning 5.75 billion USD. Compared to 2023, although export volume increased by only about 13%, turnover increased by 23% thanks to a sharp increase in rice export prices.
Mr. Tran Thanh Hai - Deputy Director of the Import-Export Department - Ministry of Industry and Trade informed that rice exports in 2024 reached a record partly due to higher unit prices than previous years. Vietnamese rice reached an average export unit price of 627 USD/ton (previously under 600 USD/ton), an increase of about 9% compared to 2023.
Vietnamese rice has been exported to about 150 countries and territories around the world. Enterprises have also taken advantage of market opportunities from new generation free trade agreements. In addition to traditional markets such as China, the Philippines, Indonesia, Malaysia...
After reaching a record high in 2024, Vietnam's rice exports in 2025 are likely to decrease in both volume and price compared to 2024. The reason is weakening demand while competition increases among producing countries.
As of the first half of January 2025, Vietnam's rice export prices have dropped sharply to their lowest level in more than two years due to weak demand. Export rice prices are stable compared to the end of the week. According to the Vietnam Food Association (VFA), currently 5% broken rice is priced at 419 USD/ton; 25% broken rice is priced at 395 USD/ton; 100% broken rice is priced at 326 USD/ton. However, compared to the beginning of last week, Vietnam's rice export prices are still on a downward trend. At the beginning of last week, our 5% broken rice was offered at 422 USD/ton, down from 460 USD/ton a week earlier.
While Indian rice prices are near an 18-month low and Thai prices are at their lowest since April 2023.
According to information from businesses, there is very little room for rice exports in 2025 in the context that the base level for 2024 is already high while there are too many unfavorable factors related to the market, especially when India loosens its rice export restrictions.
Over the past two years, India’s inventories have been large because it has tightened its rice exports globally. Therefore, in the coming time, when this country relaxes its rice export restrictions, it will put pressure on other exporting countries, including Vietnam. Moreover, before the harvest season, Vietnamese rice prices are relatively high, so many importers have shifted to other countries to buy goods earlier.
In 2025, rice prices may be lower than in 2023-2024 and possibly lower than in 2022 or just slightly higher. At the end of the calendar year, many major rice-growing countries have entered the harvest season, including Vietnam, which is entering the winter-spring harvest, causing Vietnamese rice prices to fall rapidly.
In the Philippines, the government has tightened the rice price issue in recent days, so ministries and sectors are intensifying market review. Importers are also cautious, and at the same time, importers are in no hurry to sign contracts with Vietnam because they have many new sources. Therefore, there are not many year-end rice orders signed for delivery at the beginning of this year.
Economic experts believe that adverse fluctuations in rice prices will not cause major damage, especially when export enterprises and relevant agencies proactively take measures to stabilize and reasonably purchase and reserve rice and raw materials from the people.
Enterprises recommend that the Ministry of Agriculture and Rural Development and the State Bank have credit policies. In particular, how to provide credit sources to support enterprises in the process of purchasing rice from farmers. This is direct support for farmers, indirectly through enterprises. Enterprises also believe that rice importers in traditional markets will soon sign contracts again. Because along with the advantage of convenient transportation and trading, delicious and high-quality rice, and reasonable competitive prices, it will help Vietnamese rice maintain its position in the market.
Source: https://baodantoc.vn/du-bao-xuat-khau-gao-nam-2025-gap-kho-khan-1737458941801.htm
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