Rice price today 07/25/2022: Rice price at the beginning of the week is stable

rice price today, July 25, 2022: Rice price at the beginning of the week remained unchanged. rice price today in the Mekong Delta provinces remained unchanged. Why is Vietnamese rice competing for the world’s top position, but it is not easy to enter the European and American markets? Occasionally, there is information that rice and some products from Vietnam are returned by the European Union (EU). Although it is the third largest exporter in the world (after India and Thailand) in terms of output, Vietnamese rice is present in very modest major markets. Recently, Vietnamese rice has been present in supermarkets in Japan, France, Germany, the US… Conquering demanding markets helps businesses build their brands abroad. But this is a “tough” journey, requiring the participation of many parties. According to Mr. Nguyen Duy Thuan, to successfully export rice, 10 main factors are needed such as stable purchase volume, selling price, agricultural materials; labor productivity; financial costs; low processing and logistics costs; Acceptable rice quality in the target market; rice quality and yield as committed to buyers; factors that create added value… According to a leader of the Vietnam Food Association, among traditional rice exporting countries, Vietnam’s export rice price is leading. “To succeed in “difficult” markets is difficult and arduous. To have enough clean raw materials, large enterprises in the rice industry have focused on improving the quality of Vietnamese rice. That is also the long-term direction, the future direction of Vietnamese rice”. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham

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