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In September, Vietnam's rice export prices declined by 6 percent compared to the previous month with an average export price of USD 617 per ton.
In the first half of 2023, the Vietnam livestock and aquaculture industry faced numerous challenges which reduced feed demand including escalating input costs, African Swine Fever (ASF), market price volatility, weak demand, and intense competition from imported products.
This report provides the latest update regarding developments in Vietnam’s Hotel, Restaurant, and Institutional (HRI) food service sector and provides a road map for exporters wishing to enter the market.
In August, Vietnam's rice export prices surged by 22 percent compared to the previous month, reaching an average of USD 654 per ton.
After slow growth during the first half of 2023, Vietnam’s economy is on a path to recovery. Post has revised Vietnam’s feed consumption forecast to 26.6 MMT in MY2022/23 matching levels in MY2021/22.
This report provides trade data on Vietnam's monthly rice exports by grade and destination and weekly export quotes for rice by grade.
On June 30, 2021, the Vietnam Ministry of Agriculture and Rural Development (MARD) issued Circular 05/2021 Promulgating the Amendment 1:2021 of National Technical Regulation (NTR) 190: Maximum Allowable Levels (MLs) of Undesirable Substances in Animal Feed and Aqua Feed Ingredients.
Post revised its paddy harvested area and production output estimates for marketing year 2020/2021 (MY20/21) up to 7,360 thousand hectares (THA) and 43.90 million metric tons (MMT) (27.44MMT milled equivalent), higher than the USDA official numbers, on higher yields of the Spring and Autumn crop.