VNEconomyNews.com - Vietnam last month exported 636,344 tonnes of rice to earn over US$305.067 million, with more than half of the volume sold to the Asian market, according to the Vietnam Food Association (VFA).

The figure raised the country's total rice exports in the past seven months to 4.549 million tonnes worth US$2.152 billion, the VFA said.

Vietnam's rice exports showed a year-on-year increase of 13.79 percent in both quality and value.

In recent times, the price of Vietnamese rice has increased along with that of Thai rice.

Currently, the price of dry paddy in the Mekong River Delta is between VND6,400-VND6,500/kg, while long-grain paddy is traded between VND6,650-VND6,750/kg, an increase of VND400-VND500/kg compared to early July.

This year’s summer-autumn crop has brought in about 4.4 million tonnes, yielding an average output of 5.5 tonnes.

August 2, 2011

Source: vneconomynews.com

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