Vietnamese firms win bids for rice exports

Vietnamese firms continue to win bids for rice exports to the EU and the Republic of Korea (ROK) since the beginning of the year.

Pham Thai Binh, General Director of the Trung An Company, said it won a bid to ship two batches of rice weighing over 22,000 tonnes to the ROK, which is scheduled for delivery in September and October.

Vietnamese firms continue to win bids for rice exports since the beginning of the year.

Earlier, on April 19, the company signed a contract to export 11,263 tonnes to the ROK at a price of US$584 per tonne. Delivery is due this month.

The ROK has a quota of importing over 50,000 tonnes of rice from Vietnam this year. Trung An alone has won bids for more than 33,000 tonnes.

Compared to the same period last year, the rice export value increased 16-17% while the volume has stayed the same. ST24 rice fetched up to US$970-1,000 per ton when shipped to the EU.

With many free trade agreements having been signed, different types of high-quality Vietnamese rice have been shipped to the EU, the ROK, the Middle East, and regional countries such as Malaysia.

Jasmine and glutinous rice cultivation has increased since 2014, with prices rising in the Mekong Delta. In particular, demand for the IR50404 rice variety has grown due to high productivity and less pestilence.

Vietnam Trade Office protects ST24 and ST25 rice trademark in Australia

The Vietnam Trade Office in Australia has taken urgent measures to protect trademark rights for Vietnam's rice after T&L Global Foods Supply PTY LTD in Australia applied for protection of the ST24 and ST25 rice trademark as the “World's Best Rice”, according to the Ministry of Industry and Trade.

 

Impossible for foreign enterprises to trademark Vietnamese rice "ST25"

It is impossible for foreign companies to register Vietnamese rice "ST25" as an exclusive trademark protection, as affirmed by the National Office of Intellectual Property of Vietnam (NOIP).

 

Vietnamese painting fetches record price at Hong Kong auction

'Portrait of Mademoiselle Phuong' by Mai Trung Thu has fetched the highest ever price for a Vietnamese painting with $3.1 million.

 

Grilled fish rice paper a signature Quy Nhon dish

Grilled fish rice paper, eaten with Vietnamese coriander and chili sauce, is a delicacy distinctive to coastal town Quy Nhon.

 

Exported quantity of Chu rice noodle increases

(BGO) – According to the Division of Economy and Infrastructure in Luc Ngan district (Bac Giang province), the district produced more than 4,000 tonnes of Chu rice noodle in the first quarter of 2021, up nearly 500 tonnes comparing to the same period last year. Total product value hit about 124  billion VND (5.39 million USD). 

 

Source: NDO/VNA