Vietnam: We’ll continue to supply PH with rice

(Soure Manilatimes) 

The Vietnamese government reaffirmed its commitment to continue exporting rice to the Philippines, according to the Department of Agriculture (DA). This comes after Deputy Minister Le Quoc Doanh of Vietnam’s Ministry of Agriculture and Development said Hanoi highly valued its relations with Manila within the Association of Southeast Asian Nations framework and bilateral cooperation on rice trade. “The government of Vietnam always considers rice trading with the Philippines is not only of economic importance, but also of significance for our good diplomatic relations between the two nations,” Le said in a letter to Agriculture Secretary William Dar, who welcomed this in the face of coronavirus diseases 2019 (Covid-19) pandemic.

The 1st Best Vietnam Rice Contest
The 1st Best Vietnam Rice Contest
The 1st Best Vietnam Rice Contest
National trade promotion delegation in the Philippines
National trade promotion delegation in the Philippines
National trade promotion delegation in the Philippines
National trade promotion delegation in the Philippines
National trade promotion delegation in the Philippines
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25/09/2023
Rice
Vietnam
Thailand
India
Pakistan
5% Broken
608 -5 600 -3 n/a 0 598 0
25% Broken
593 -5 544 -3 n/a 0 533 0
100% Broken
n/a 0 458 -2 n/a 0 508 0

From 14/09/2023-21/09/2023
(VND/kg)

Rice
Max Price
Average
+/- Weekly
Paddy in the field
      7.800        7.654  -61 
Paddy at the warehouse       9.200        8.842  -67 
Brown rice grade 1     12.150      11.896  -75 
Milled rice grade 1      14.200      14.000  -188 
5% broken
    14.250      13.907  -243 
15% broken
    14.050      13.708  -217 
25% broken
    13.850      13.383  -233 
Broken 1/2     11.800      10.993  -64 
Bran
      7.200        6.664  -536 

Exchange Rate

14/08/2023
Currency Code Currency Name Units per USD
CNY Chinese Yuan Renminbi 7,25
EUR Euro 0,92
IDR Indonesian Rupiah 15320,08
MYR Malaysian Ringgit 4,58
PHP Philippine Peso 56,84
KRW South Korean Won 1336,37
JPY Japanese Yen 145,30
INR Indian Rupee 83,17
MMK Burmese Kyat 2101,76
PKR Pakistani Rupee 287,90
THB Thai Baht 35,24
VND Vietnamese Dong 23863,23