Vietnamese rice exported at world’s highest price

Monday, 05/12/2022 18:45
The export prices of Vietnamese rice are standing at the highest levels in the world, reported Vietnam News Agency according to the Vietnam Food Association.
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Rice packaging (Photo: VNA) 

Specifically, 5% broken rice currently fetches 438 USD per tonne, and 25% broken rice is sold for 418 USD per tonne.

With these figures, the prices are around 20 USD per tonne higher than those of Thailand.

Experts predicted that the export prices will remain at high levels in the first months of 2023.

According to the Ministry of Agriculture and Rural Development, Vietnam is likely to ship 7.2-37.3 million tonnes of rice abroad this year, pocketing 3.3-3.5 billion USD.

Notably, the exports to choosy markets have recorded high growth, including the US (85%), and the European Union (82%).

HCM City: New foreign investment tops 3.5 billion USD

Ho Chi Minh City licensed 807 foreign invested projects worth 3.54 billion USD in the first 11 months of this year, up 3.3% in value from a year earlier, reported Vietnam News Agency according to the General Statistics Office.

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Workers produce mechanical components at a factory of the Misumi Vietnam Company in the Linh Trung Export Processing Zone of Thu Duc city, HCM City. (Photo: VNA) 

That added up to 11,219 valid foreign invested projects with registered capital totalling 55.75 billion USD at present in the southern economic hub, which is taking the lead nationwide in terms of the project number.

So far this year, HCM City has also seen 164 existing projects add 1.5 billion USD to their capital, up 39.2% year on year. They included 18 supplemented with 915 million USD in the processing and manufacturing industry, accounting for 58.8% of the total additional capital; and 21 with 278 million USD in the information and communications sector, accounting for 17.9%.

Singapore is currently the biggest foreign investor in HCM City with 148 projects worth 159.1 million USD, making 33.3% of the newly registered capital. It is followed by Japan with 82 projects worth 80.1 million USD (16.8%) and the Republic of Korea with 112 projects worth 54.9 million USD (11.5%).

Vietnam wins big at International Mathematics and Science Olympiad

Vietnamese students won a total of 19 medals at the 2022 International Mathematics and Science Olympiad (IMSO), which was recently held in Indonesia in an online format, reported the Voice of Vietnam.

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 Students of Newton Grammar School compete in the IMSO 2022 (Photo: Vietnamnet)

They claimed three golds, 10 silvers, and six bronze medals. The winners all came from high-quality primary and secondary schools, including Hanoi Amsterdam School, Newton Grammar School, Ngoi Sao (Star) School, Giang Vo Secondary School, and Cau Giay Secondary School.

IMSO 2022 is an annual competition specifically for students under the age of 13 and brings together contestants from 15 countries and territories worldwide.

Previously, IMSO 2021 saw Vietnamese students bring home two golds, five silvers, and four bronzes in maths, as well as five silvers and four bronze medals in science.

VinFast opens first two stores in Germany, France

Vietnamese automaker VinFast, a member of private conglomerate Vingroup, on December 5 officially opened its first two stores in Cologne of Germany, and Paris of France, reported Vietnam News Agency.

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 Inside the VinFast Cologne store (Photo: VNA)

These outlets are the first of its kind in VinFast's European retail network of over 50 stores, affirming its strong commitment to driving the revolution of sustainable mobility.

As the 1S model in the retail network, VinFast Cologne and VinFast Madeleine focus on product display and sales purposes. Customers can explore the interior and exterior designs of the stunning Pininfarina-designed VF 8 and VF 9 models, experience advanced technologies, and receive support from VinFast’s electric vehicle experts.

In addition to advanced online shopping technologies, the brick-and-mortar retail store will be a direct link to create seamless online-to-offline experiences and peace of mind throughout the VinFast EV ownership journey.

Ho Thanh Huong, CEO of VinFast in Europe, said that the opening of VinFast Cologne and VinFast Madeleine stores is only the starting point of the firm’s retail network across Europe. It strongly affirms not only the brand’s official presence in the European market, but also the sternness of realising VinFast’s commitment to the company’s customers.

The opening of the first VinFast stores in Europe was celebrated at VinFast Cologne. This is an important location in VinFast’s retail network plan for Germany, alongside Berlin, Munich, Hamburg, Frankfurt, and Oberhausen. In addition, the network of 50 stores across Europe will soon be launched in Marseille, Rennes, Montpellier, and Metz (France), and Amsterdam, Den Haag, and Rotterdam (The Netherlands) in 2023.

Local movie to be screened at Australian Vietnamese Film Festival

Vietnamese film "Cô gái từ quá khứ" (Girl from the past) will be introduced at the Australian Vietnamese Film Festival (AVFF) 2022 which is getting underway in Melbourne, Australia, reported the Voice of Vietnam.

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The film that tells the story of a murder in a mansion will premiere from December 8 to 11. It has generated revenue of VND53 billion after recently debuting in Vietnamese cinemas. It sees the appearance of many famous actors such as Ninh Duong Lan Ngoc, Kaity Nguyen, Le Khanh, and Le Xuan Tien.

The movie’s directors Namcito and Bao Nhan will both attend a premiere event on December 8 at Crown Village Cinemas in Melbourne.

The AVFF 2022, the third of its kind, is taking place between November 23 and December 29. This year marks the first time that films screened at the festival have been selected by overseas Vietnamese residing in Australia.

The festival was first held in 2017 to honour the Vietnamese cinema industry abroad.

Over the past few years the AVFF has successfully introduced more than 30 Vietnamese films in Australia, with around 10,000 tickets sold.

The festival was initially organised in only Melbourne and Sydney, and it then expanded to Brisbane, Perth, Adelaide, and Tasmania. Its Facebook page has received 14,000 followers and has got up to 100,000 viewers./.

Compiled by BTA

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