Rice exports to Malaysia see sudden increase

Friday, 06/07/2018 19:57
Vietnam’s rice export turnover to Malaysia reached nearly USD122.4 million in the first five months of the year, a year-on-year rise of 177%, according to the latest statistics.

Photo for illustration

With the impressive growth, rice ranked fourth among Vietnam’s five commodity exports to Malaysia earning over USD100 million, including telephone and components; computers, electronic products and spare parts; iron and steel of all kinds; rice; glass and glass products.

Vietnamese Commercial Counselor to Malaysia Pham Quoc Anh said the sharp growth came from the decrease in supply from other countries and the promotion of export of fragrant rice, in which Vietnam has price advantage on the market.

In addition, trade promotion activities for the commodity, including joining fairs, exhibitions on agricultural products, food and programs to connect businesses with Malaysian businesses were intensified with the support of commercial affairs agencies./.

BTA

RELATED NEWS

Comment
FullName
Email
Contents

/

Confirm