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Vietnam eyes export of 4.4 mln tons of rice in 2007
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15:47, October 02, 2007

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Vietnam has targeted to export 4.4 million tons of rice this year, instead of four million tons set earlier to ensure the country's food security, local newspaper Vietnam Economic Times reported Tuesday.

The paddy rice output of Vietnam's southern region, the country 's rice basket, is estimated at 20.7 million tons in 2007, up from 20 million tons in 2006, the paper quoted the Vietnamese Ministry of Agriculture and Rural Development as reporting.

Vietnam, the world's second largest rice exporter, shipped abroad nearly four million tons of rice totaling nearly 1.3 billion U.S. dollars in the first nine months of this year, down 1. 5 percent in volume, but up 14.9 percent in value, according to the country's General Statistics Office.

It exported over 4.7 million tons of rice worth 1.3 billion dollars last year to nearly 100 markets, with the exports to the Philippines, Malaysia and Cuba accounting for some 60 percent of the total.

Source: Xinhua



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