Vietnam to reform rice production, improve exports.

Vietnam will reform rice production to gain sustainable development in the production and export of rice, according to Vietnam’s Rice Market Development Strategy from 2017 to 2020. Vietnam to reform rice production, improve exports, vietnam economy. Specifically, the annual rice export volume is expected to reach about 4.5-5 million tonnes in 2020, earning an average of about 2.2-2.3 billion USD per year. Exports of fragrant rice, specialty rice and Japonica rice will account for the largest proportion of the total volume of exported rice at 40 percent, followed by glutinous rice and white rice exports at 25 percent each. Meanwhile, the proportion of high quality, high-value, organic, highly-nutritious rice and products made from rice will be about 10 percent.