Vietnamese rice earns high export in 2017.

Vietnamese rice has expanded its export market towards high quality. However, in order to achieve the export target of 4.5-5 million tonnes per year during 2017-2020, there is still much work to be done. According to the Ministry of Agriculture and Rural Development (MARD), last year the country exported about 6 million tonnes of rice, valued at US$2.66 billion, up 22.4% in volume and 23.2% in value over the same period in 2016. MARD Deputy Minister Ha Cong Tuan affirmed that the result is a great success. In early 2017, experts predicted that the year would be difficult for rice export due to a range of challenges from unresolved issues in the rice markets to the negative effects of climate change on rice production. Therefore, the goal set by the rice sector in 2017 was to export only 5 million tonnes, but by the end of the year the figure increased to nearly 6 million tonnes.