June 5, 2026 | 06:11 GMT +7
June 5, 2026 | 06:11 GMT +7
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(VAN) The core issue lies in the ability to regulate supply and demand, where the primary key is a large-scale rice reserve system for farmers.
(VAN) Information presented at the VFA's conference on 2025 review and 2026 task orientation indicates that rice exports this year are projected to reach 7.5-7.7 million tons.
(VAN) Fuel and fertilizer prices have surged while paddy prices have fallen, putting mounting pressure on farmers.
(VAN) After a deep decline, Vietnam's rice export prices have shown a marked recovery in early May, particularly for 5% broken rice.
(VAN) Chairman of the Board of Directors of Tan Long Group: 'If the floor price is imposed, the domestic rice price will immediately drop deeply. Thus, rice farmers will suffer the most.
(VAN) In less than half a year, Vietnam's export rice price, which was the highest in the world, has reversed, falling to the lowest among the group of major exporting countries.