After the Lunar New Year, Vietnam's export rice price has decreased significantly, reaching the lowest level in the past 9 years.

Myanmar is planning to temporarily restrict rice exports for about 45 days from the end of August as rice prices in the country are rising.

Vietnam’s rice export this year is expected to benefit from many favourable conditions, including high global demand, to reach 7 million ton

Meanwhile, the FAO rice price index reached 114.6 points, up 2.3% compared to October 2022 and up 14.7% over the same period last year.

Loc Troi Group, a leading provider of agricultural services and products in Vietnam, has so far got orders to export 400,000 tonnes of rice

Vietnam's rice exports are expected to rise to 6.3 million-6.5 million tonnes this year from 6.24 million tonnes last year on strong demand