The country's rice exports reached 5.87 million tonnes, valued at more than 3 billion USD, up 2.88% in volume but down 16% in value compared with the same period in 2024.
Rice exports of Vinh Phat Co., Ltd. in An Giang province. (Photo: VNA)
Hanoi (VNA)ℱ – Vietnam exported nearly 5.9 million tonnes of rice worth over 3 billion USD as of August 15, according to the Vietnam Food Association (VFA).
The country's rice exports reached 5.87 million tonnes, valued at more than 3 billion USD, up 2.88% in volume but down 16% in value compared with the same period in 2024.
Last week, export prices hit the highest levels in eight months amid tightening supplies. The association said fragrant 5% broken rice was offered at 455–460 USD per tonne on August 28, the highest since early January.
A trader in Ho Chi Minh City noted that supply was tightening while demand remained steady ahead of the Philippines’ planned 60-day import suspension starting September 1.
In the Mekong Delta city of Can Tho, jasmine paddy was traded at 8,400 VND per kilo, IR 5451 at 6,200 VND, OM 18 at 6,700 VND, and ST25 at 9,500 VND, according to the Institute of Policy and Strategy for Agriculture and Environment.
The An Giang Department of Agriculture and Environment reported fresh paddy prices ranging from 5,700 to 6,200 VND per kilo depending on variety, while retail rice prices in the province stood between 13,000 and 22,000 VND per kilo.
As of August 25, Mekong Delta provinces had sown over 1.82 million hectares of summer–autumn rice, with 1.08 million hectares harvested, yielding an estimated 6.53 million tonnes. Autumn–winter planting had reached 581,000 hectares out of 700,000 planned, or 83%, while seasonal rice covered 145,000 hectares, or 43% of the target./.
Chairman of the Vietnam Food Association Do Ha Nam expressed his confidence that with the robust results achieved in the seven-month span, Vietnam’s rice shipment will surpass 8 million tonnes this year.
Amidst global trade uncertainties prompting Canada to diversify its markets, Vietnamese agricultural exporters, particularly those in the rice sector, are encouraged to seize this opportunity. Fully leveraging free trade agreements involving both countries will be key to quickly increasing Vietnam’s food exports to the North American nation.
Reaffirming Vietnam’s commitment to foreign investors, Finance Minister Nguyen Van Thang said government policies always aim to ensure transparency, fairness and a mutually beneficial environment that promotes innovation and safeguards investor rights, making Vietnam a sustainable and long-term investment destination.
The State Bank of Vietnam must launch an official gold price information portal, study the establishment of gold exchanges, and issue guiding documents to implement the Government’s decree on the management of gold trading activities.
According to the World Bank Group, Vietnam will need approximately 368 billion USD in investment for climate adaptation and carbon reduction projects by 2040. Yet, as of the end of 2024, green credit accounted for just 4.5% of the country’s total outstanding loans.
Amidst robust digital transformation across all sectors, the food processing industry has tapped such digital technologies as Internet of Things, AI, blockchain and Big Data to optimise production process, control supply chain, and meet consumers’ demands.
The French side pledged to share technical guidelines and safety standards, with the Institute for Radiological Protection and Nuclear Safety (IRSN) ready to provide training for Vietnamese specialists.
Vietnam now has more than 940,000 private enterprises and over 5 million household businesses, contributing approximately 50% of GDP, over 30% of state budget revenue, and employing 82% of the national workforce.
Businesses underlined the need for expanding green credit and non-collateral concessional loans for circular agriculture projects, facilitating their participation in national key projects, and fostering alliances among Vietnamese enterprises as well as cooperation with regional partners.
State-owned Vietcombank currently leads the banking system with total assets exceeding 85 billion USD and a market capitalisation of over 20 billion USD, while maintaining strong financial safety indicators. Its non-performing loan ratio remains the lowest in the sector at 0.97%.
Malaysia is Vietnam’s third-largest trading partner in ASEAN and ninth globally, as well as a key investor with 731 valid projects worth about 13 billion USD. Bilateral trade reached 9.23 billion USD by July 2025, up 8% year-on-year, nearing the 18 billion USD target.
Finance Minister Nguyen Van Thang noted that free trade agreements such as the UK–Vietnam Free Trade Agreement (UKVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have expanded opportunities for businesses in both countries.
Lotte Shopping currently operates three department stores and 16 supermarkets in Vietnam, alongside one department store and 48 supermarkets in Indonesia. The company highlighted the success of its flagship Lotte Mall West Lake Hanoi, which opened in 2023, describing it as a model for future premium complexes. Kim said the group intends to replicate this concept in other major Vietnamese cities.
In the EU, illegal, unreported and unregulated (IUU) fishing remains a major obstacle to Vietnam's efforts to have the European Commission (EC)'s “yellow card" lifted. The bloc’s dense and constantly changing regulatory framework also affects farming zones, production processes and quality standards.
The Vietnam Private Sector Forum 2025 (VPSF 2025) opened in Hanoi on September 15, packing in over 1,500 entrepreneurs, economists, and international organisations across four thematic sessions to reshape Vietnam’s private sector landscape.
The economic picture in the first eight months of 2025, whether viewed from the overall economy or from a local perspective, is very positive. Major economic centres have recorded extremely impressive growth in the period, the Ministry of Finance stated in its recent report on the socio-economic situation, sent to the Government.
Cross-border e-commerce is set to become one of the strategic pillars in Vietnam’s national master plan for e-commerce development during 2026–2030, as the country looks to build a sustainable digital export ecosystem and enhance global competitiveness for its businesses.
The State Bank of Vietnam set the daily reference exchange rate at 25,208VND/USD on September 16, down 8 VND from the previous day.
The shift of global supply chains, coupled with the impacts of the Fourth Industrial Revolution, is opening up both opportunities and challenges for the Vietnamese economy.
According to preliminary statistics from Vietnam's Customs Department, as of August 15 this year the country's shrimp exports to China (including Hong Kong) surged by up to 76% over the same period last year, reaching nearly 767 million USD and accounting for nearly 29% of the country's total shrimp export turnover.
