Spectacular beauty of the mountainous northwest of Vietnam
	Vietnam's rice exports to Africa keep increasing
	Vietnam's rice exports to the EU stay modest due to limited quota

Vietnam’s 5 percent broken rice is US $15/ ton higher than Thailand’s starting August 8 (Photo: Thanh Nien)

The competitiveness of Thai rice in the international market has dropped sharply, partly due to the increase in Thai baht and increasing production costs, forcing Thai rice to stay at a high price.

According to Vietnam Trade Office in Thailand, Thai 5 percent broken rice’s FOB price stayed at US $460/ ton at the beginning of August, US $90 higher than the same rice in India. Meanwhile, Vietnam’s 5 percent broken rice was exported at only US$ 452/ ton. However, only one week later, the 5 percent broken rice's export prices of Vietnam started to gradually surpass Thailand’s, with a difference of US $15/ ton. Vietnam’s 5 percent broken rice is currently priced at US $478-482 in the international market.

The Thai government is considering changing its rice policy, focusing on marketing, reducing production costs, and researching new rice varieties, which include high-quality rice, popular rice, and special rice. Thai Ministry of Commerce will work with the Rice Exporters Association to seek new partners to expand its market, as Thai rice still remains attractive to international partners thanks to its quality, Thanh Nien reported.

Workers move rice sacks from a boat to a warehouse in the Mekong Delta Province of Tien Giang. Vietnam is expected to surpass Thailand in rice exports (Photo: Saigon Times)

New iPhone 12 price surprises Apple fans Apple has recently revealed the latest information on iPhone 12 line-up with great design, massive performance leap, 5G for every model, and exciting new camera ...

Bac Son Valley in ripening rice season, ideal place to seek tranquility In ripening rice season annually, Bac Son Valley boasts a unique and serene beauty that has become an ideal destination to escape from the chaos ...

Vietnamese summer rolls praised around the world Vietnam has always been famous for its impressive flavourful cuisine. Besides pho, banh mi, the fresh and healthy Vietnamese summer rolls are also one of ...