Cambodia exported 536,305 tonnes of milled rice in the first 10 months of this year, a 17 percent increase compared to the same period last year, despite serious floods over the past month.
Prime Minister Nguyen Xuan Phuc has approved the resumption of rice export provided that food security must be guaranteed amidst the COVID-19 pandemic, drought and saltwater intrusion.
The Ministry of Agriculture and Rural Development (MARD) on March 27 held an online meeting to summarize preliminarily the winter-spring rice crop, deploy the production plan for the summer-autumn, winter, and autumn-winter rice crops this year in Southern and Mekong Delta provinces.
Rice is one of the rare commodities that is not being seriously affected by the COVID-19 pandemic, with both export volume and value increasing in the first two months of 2020.
Cambodia is set to export rice to South Africa, a new market, in the time ahead as a milled rice exporter has signed an export memorandum of understanding (MoU) with a partner from South Africa.
Chinese authorities have agreed to speed up the review of applications of 40 Cambodian firms that want to export rice to the Chinese market, according to local media.
The Ministry of Agriculture and Rural Development yesterday held a meeting between Vietnamese exporters with a delegation of Food Valley of China (FVC) to exchange information about expanding export market of the two nations.
China was the largest rice export market of Vietnam in 2018, accounting for 23.7 percent of the market share, reported the Ministry of Agriculture and Rural Development.
The introduction of Vietnam rice logo within the framework of the third Rice Festival in Long An province is expected to create an appropriate foothold for Vietnamese rice in the world market.
